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Asian central banks build dollar war chests as they gird for Fed – Bloomberg

6/15/2021 11:44:24 PM GMT | By Anil Panchal As global markets brace for the US Federal Open Market Committee (FOMC) meeting on early Wednesday, Bloomberg came out with the analytical piece suggesting a build of strong forex reserves by Asia’s emerging economies. “Central bank holdings of foreign currencies in the region’s fast-growing emerging economies hit $5.82 trillion as of May, their highest since August 2014. When China’s cash pile is stripped out, emerging Asian central banks’ reserves stood at an all-time high of $2.6 trillion,” said the piece. Bloomberg also adds, “While the Fed is expected to maintain a dovish outlook when it meets this week, economists say the accelerating US recovery means the bank will need to signal a policy turn sooner than anticipated. Central banks in South Korea and New Zealand already have said their improving economies may eventually justify higher interest rates.”

With The Help Of Rbi, The Revenue Crisis Will Reduce - सरकार के लिए राहत: आरबीआई ने दोगुना मदद से चौंकाया, कम होगा राजस्व पर संकट

With The Help Of Rbi, The Revenue Crisis Will Reduce - सरकार के लिए राहत: आरबीआई ने दोगुना मदद से चौंकाया, कम होगा राजस्व पर संकट
amarujala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from amarujala.com Daily Mail and Mail on Sunday newspapers.

After Fed Keeps Rate unchanged, Gold And Silver will be more attractive, Gold May Give 7 percent Return Till June, Silver Will Be Better With 20 Percent Return | निवेश के लिए सोना और चांदी हुआ आकर्षक, सोना 7% और चांदी 20% का रिटर्न दे सकता है

After Fed Keeps Rate unchanged, Gold And Silver will be more attractive, Gold May Give 7 percent Return Till June, Silver Will Be Better With 20 Percent Return | निवेश के लिए सोना और चांदी हुआ आकर्षक, सोना 7% और चांदी 20% का रिटर्न दे सकता है
bhaskar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bhaskar.com Daily Mail and Mail on Sunday newspapers.

gdp growth in december quarter: people are spending more gdp can come into positive zone in december quarter: खुलकर खर्च कर रहे हैं लोग, दिसंबर तिमाही में जीडीपी के मोर्चे पर आ सकती है खुशखबरी

gdp growth in december quarter: people are spending more gdp can come into positive zone in december quarter: खुलकर खर्च कर रहे हैं लोग, दिसंबर तिमाही में जीडीपी के मोर्चे पर आ सकती है खुशखबरी
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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