Indian Rupee extends the decline in Wednesday’s Asian session. A fall in local equities and ongoing US Dollar demand weigh on the INR. Traders brace…
Here is what you need to know on Tuesday, May 6: Major currency pairs fluctuate in familiar ranges early Tuesday as investors refrain from taking…
In addition to the flight to safe havens, the prospect of a further normalisation of monetary policy by the Bank of Japan is also likely…
It was announced over the weekend that the Chinese government plans to inject fresh capital into its major state-owned banks. Four major banks (Bank of…
China’s finance ministry will inject 500 billion yuan ($69 billion) into four of the nation’s largest state banks, following through on Beijing’s earlier effort to…
The People’s Bank of China (PBOC) Deputy Governor Lu Lei suggested on Thursday that the Bank should actively facilitate fundraising, including the issuance of special treasury…