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Sunday, November 22, 2009 By Hina Mahgul Rind KARACHI: The local equity market witnessed mixed trend this week. Foreign portfolio investment was witnessed in blue chips while decline in cut off yields and expectations for an...
22 Nov 2009, 0011 hrs IST, Ashish Gupta, Inflation is defined as an increase in the prices of a group of goods and services that project the economy. The Reserve Bank of India (RBI) needs to control this excess liquidity in the...
Low interest rates, especially the deposit rate, would discourage financial institutions from providing adequate financing to the real economy, Zhou Xiaochuan, governor of the People's Bank of China (PBOC) said Friday. He told...
A bubble in the Dollar was created in 1971 when the Government ended the gold standard. At that time, the Dollar lost its intrinsic value and has been in a bear market ever since. As a result, the Dollar's purchasing power has...
New Delhi: Better times are ahead for the banking sector as a revival in economic activity coupled with inflation is likely to boost credit growth in the second half of current financial year, says a study.
NEW YORK, Nov. 20 (Xinhua) -- U.S. Federal Reserve Chairman Ben Bernanke said on Monday that the central bank would monitor the sliding U.S. dollar and reiterated that interest rate would be kept at low levels for a while. "We...
In an effort to shore up the economy, the Turkish Central Bank again lowered its borrowing rate on Thursday evening by an additional 25 basis points, bringing borrowing rates down to a record low of 6.50 percent and lending...
Battles over regulatory change in Washington heated up Thursday as a House panel approved audits of the U.S. Federal Reserve. The House Financial Services Committee chose a bill sponsored by Rep. Ron Paul, R-Texas, who has long...
Apart from giving the euro a slap in the face Jean Claude Trichet’s remarks about wrapping up the cheap loans awarded to the European banking system a year ago tempered the recent rally in European interest rate futures this...
Buoyed by returning off-shore investors especially in the oil sector, increased remittances from Ugandans working abroad, and inflows from exports, the shilling has appreciated 25% against the dollar over a six months ending...
