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On Thursday, December 3, 2020, California Governor Gavin Newsom announced the release of a new regional Stay-at-Home Order in response to increases in rates of new COVID-19 infections,...
On Thursday, December 3, 2020, California Governor Gavin Newsom announced the release of a new regional Stay-at-Home Order in response to increases in rates of new COVID-19 infections,...
12/17/2020 2:43:54 AM GMT Market highlights Oil markets revved up by factory yard activity and positive PMI around the globe FX market has the FOMC event priced to perfection Gold takes a jump as the Feds will allow inflation to run hot ‘til 2023 Markets FOMC and market reaction Looking through the headlines of the Fed statement, there’s not much change. Rates are on hold, and it’s committing to continue bond-buying until there’s "substantial" further progress on its goals. But we knew that. On the dots, the median view is unchanged, as is the distribution in 2022; there are now fiv...
Thursday, 17 Dec 2020 07:12 PM MYT At 6pm, the ringgit closed at 4.0320/0370 versus the greenback, compared with 4.0490/0540 at the close yesterday. — Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Dec 17 — The ringgit ended higher against the US dollar for the third consecutive day; riding on the easing of domestic political risks after the budget has been passed, higher oil prices and the United States (US) Federal Reserves’ decision to kept the interest rate unchanged at 0.25 per cent. At 6pm, the ringgit close...
Explained: What is currency manipulation, and why has US put India on its currency watchlist? The designation of a country as a currency manipulator does not immediately attract any penalties, but tends to dent the confidence about a country in the global financial markets. Written by Prabha Raghavan , Edited by Explained Desk | New Delhi | Updated: December 23, 2020 12:14:20 pm Currency manipulation is when a country is artificially lowering the value of its currency to gain an unfair advantage over others. (Bloomberg Photo: Dhiraj Singh, File) ...