Thursday , November 30 2023

Tag Archives: EMRG

Rupee battles persistent dollar demand in face of dovish Fed outlook

A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights MUMBAI, Nov 30 (Reuters) – The Indian rupee is expected to open little changed on Thursday as persistent dollar demand countered increasing confidence that the U.S. Federal Reserve will …

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Dollar drifts near three-month low, focus on inflation data

A New Zealand dollar coin sits atop a United States one dollar bill in this photo illustration taken on March 11, 2016. REUTERS/David Gray/Illustration/File Photo Acquire Licensing Rights SINGAPORE, Nov 30 (Reuters) – The dollar was rooted near a three-month low on Thursday and was set to post its steepest …

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China’s Xi visits financial hub Shanghai

Chinese President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 17, 2023. REUTERS/Kevin Lamarque Acquire Licensing Rights SHANGHAI, Nov 29 (Reuters) – China President Xi Jinping visited Shanghai, where he went to several venues and learned about the city’s …

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Most Canadian financial institutions skeptical on digital C$ -BoC

A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights OTTAWA, Nov 29 (Reuters) – Most financial institutions consulted by the Bank of Canada (BoC) expressed skepticism about the benefits of a potential …

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Bonds bask in talk of Fed interest rate cuts

[1/2]A trader works at his desk at the stock exchange in Frankfurt, Germany, January 21, 2016. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing Rights Two-year Treasury yields hit 4-month low Euro zone sovereign bond yields fall Euro STOXX 600 adds 0.4%, German shares lead Dollar slides broadly; Gold hits 7-month high Global …

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India approves new finance panel to suggest sharing of federal taxes

India’s Information Minister Anurag Thakur addresses a news conference after welcoming delegates to G20 finance officials meeting near Bengaluru, India, February 22, 2023. REUTERS/Samuel Rajkumar Acquire Licensing Rights NEW DELHI, Nov 28 (Reuters) – The Indian government on Tuesday approved the setting up of a new Finance Commission that will …

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As global rates turn, banks in India and Indonesia set to win

SINGAPORE, Nov 29 (Reuters) – As Asia’s banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year. Over the past 18 months Asian central banks …

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