RBI Contemplates $18 Billion Bond Purchase to Boost Cash Reserves
Date- May 27, 2023 ICICI Bank, the second-largest private lender in India by market value, has suggested that the Reserve…
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Fed Expresses Less Certainty about the Need for More Rate Hikes Following May Meeting
Date: May 26, 2023 In a surprising turn of events, the Federal Reserve (Fed) has expressed less certainty about the…
ECB sticks to planned 50 bps rate hike despite banking turmoil
The European Central Bank (ECB) did what it said it would do on Thursday and raised interest rates by 50…
Merchandise exports down 9% in Feb
New Delhi: A sustained downturn in demand across important markets, such as the US and the European Union, was the…
Gold extends rally toward $1,930 as global yields slump
On Wednesday, the gold price gained positive momentum and reclaimed the $1,920 level. The instability at Credit Suisse appears to…
EUR/USD extends slide below 1.0550 as USD rally picks up steam
In the latter half of the day, as risk aversion dominated the financial markets and the USD gained strength, the…