Richard Iley, of BNP, told CNBC that the big news this year has been the negative demand shock" out of China. World trade flows have contracted for the first time in 30 years. One result, he thinks, is that US monetary policy is beginning to ... NewsMax.com, 2 weeks ago
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As the clock ticks down to the Reserve Bank of India's (RBI) fourth bimonthly policy review of the year on 29 September, the policy decision facing the apex bank—whether to deliver a fourth 25 basis points reduction in its key policy this year or ...Livemint.com, 2 weeks ago
Less than two weeks after pledging to allow a freer exchange rate, the People's Bank of China has tightened its grip on the yuan, according to BNP Paribas SA. The onshore yuan has traded within 0.3 percent of 6.4 a dollar from Aug. 14, a level ...Thanhnien, 1 month ago
Mumbai: The rupee, like its emerging market counterparts, spiralled lower in response to a weaker Chinese currency, which was pegged lower for a second consecutive day, and experts and analysts said this merits keen scrutiny, although they ruled out ...Livemint.com, 1 month ago
Mumbai: The rupee continued its downward spiral against the US dollar amid dollar demand from importers as traders adjusted to a new range for the Indian currency against the dollar following Tuesday's devaluation of the yuan by the People's Bank of ...Livemint.com, 1 month ago
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