BENGALURU, Jan 30 (Reuters) – The Reserve Bank of India is expected to raise its main interest rate by a modest 25 basis points to 6.50% at its meeting a week after the New Delhi budget on February 1, before leaving it at that level for the rest of the year, according to a Reuters …
RBI to hike repo rate by 25bps in February, ending tightening cycle: Reuters poll Read More »
Oil prices fell on Monday, giving up earlier gains as global producers this week are likely to keep output unchanged at a meeting this week and investors are cautious ahead of a US Federal Reserve meeting that could boost market volatility. market. Brent crude futures fell 20 cents, or 0.2%, to $86.46 a barrel at …
Oil drops ahead of OPEC+ and US Federal Reserve meetings Read More »
One of the great economic mysteries of the moment is why worker productivity, especially in the United States, is falling. Some economists say this is simply a correction of the unsustainable work many of us have been doing during the Covid-19 pandemic. But there was also a drop in productivity after the Great Recession. And …
USD/JPY takes a hit. The head of the Japanese think tank Okina, considered among the candidates to join the new management of the BOJ. He is a candidate to become Deputy Governor. BOJ monetary policy needs revamping Doing BOJ BOJ The Bank of Japan (BOJ) is the central bank of Japan. It was established in …
Candidate for BOJ leadership group says monetary policy needs revamping | Forexlive Read More »
—RA Foreign exchange reserves of the State Bank of Pakistan (SBP) plunged to $3.678 billion on January 20 from $4.601 billion due to external debt repayments. At this level, reserves provide import coverage of three weeks against a standard minimum of three months. The SBP announced a new level of foreign exchange reserves on January …
—RA Foreign exchange reserves of the State Bank of Pakistan (SBP) plunged to $3.678 billion on January 20 from $4.601 billion due to external debt repayments. At this level, reserves provide import coverage of three weeks against a standard minimum of three months. The SBP announced a new level of foreign exchange reserves on January …
SINGAPORE, Jan 30 (Reuters) – Oil prices soared at the start of Asian trade on Monday, buoyed by tensions in the Middle East following a drone attack in Iran and as Beijing pledged this week -end to promote a recovery in consumption that would support fuel demand. Brent crude futures were up 54 cents, or …
Oil soars after Iran drone attack, China’s commitment to promoting consumption Read More »
Russia’s large-scale invasion of Ukraine has hurt Mongolia’s economy, its prime minister has said, citing financial damage including loss of airline revenue and difficulty importing needed supplies from Russia. Nearly a year after the full-scale invasion of Ukraine and the subsequent imposition of far-reaching sanctions by the United States and its allies in Moscow, the …
The Washington Examiner’s Byron York weighs in on the controversy over classified Biden and Texas documents banning real estate purchases by citizens of specific countries on “The Evening Edit.” Wealthy Russian oligarchs are likely investing in US commercial real estate and trying to circumvent sanctions imposed after last year’s invasion of Ukraine, according to a …
Nobel laureate Professor Daniel Kahneman said in an interview on Sunday that he was deeply concerned about the future of the country – even more so than he was during the Yom Kippur War in 1973. “From my point of view, it’s almost the end of the world,” he said in an interview with Channel …
Israeli Nobel laureate says judicial overhaul plan would mark ‘end of democracy’ Read More »
