PBOC sets USD/CNY reference rate at 7.1780 vs. 7.1760 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1780 as compared to Friday's fix of 7.1760 and 7.2496 Reuters estimate.
Extend interest subsidy till rollout of export promotion mission, says Parliament panel
The merger of India's Interest Equalisation Scheme with the export promotion mission, announced in the budget, may negatively ...
Week Ahead: US PCE, Global PMIs, UK CPI and Spring Statement, Aussie CPI
This time around, economists at Pantheon Macroeconomics have a call of 3.0%, which would be 0.2pp higher than the MPC’s forecast; driven by stronger food and core goods inflation. For services, the ...
Analysis-Hedge Fund Dominance Latest Risk for Febrile UK Debt Markets
LONDON (Reuters) -Hedge funds have crowded into debt-fuelled bets on UK government bonds, increasing the potential for ...
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Economists weigh in on Reserve Bank's decision to hold repo rate at 7.5%
FNB’s senior economist Koketso Mano says there’s no telling how unnerved the Reserve bank is by the global developments – ...
As Britons Prepare for Inflation Jump, Bank of England Remains Cautious
Policymakers held interest rates at 4.5 percent on Thursday as they warned of rising economic uncertainty. Households are ...
South African Reserve Bank Holds Main Repo Rate at 7.5% Amid Rising Uncertainty
The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty.
With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
The Bank of England has kept its main U.K. interest rate unchanged at 4.50% even though the economy is barely growing and the ...
Bank of England keeps main UK interest rate unchanged at 4.50% with inflation still elevated
Bank of England keeps main UK interest rate unchanged at 4.50% with inflation still elevated.
No surprises this week from BoJ, Fed and SNB
No surprises this week from BOJ, Fed and SNB; World agrees tariff uncertainty is weighing on forecast confidence; BOE ...
Interview| India-Australia FTA can be a template for trade pact with US, says NITI Aayog’s Virmani
Arvind Virmani proposes a zero-to-zero tariff policy on value-added manufactured goods as an appropriate route in striking ...