Topics: Central Bank

Fed expresses concerns on the reopening of Coronavirus hit economy

Federal Reserve boss Jerome Powell has expressed concerns on the reopening of coronavirus hit economy. For latest news updates, business news and world news, Like...

Innovative “Eco-Business Park” To Be Built In Canadian City

The City of Summerside, Prince Edward Island, Canada is allocating $10 million towards the construction of an eco-industrial park that is meant to foster...

Coronavirus pandemic: Bank Of Canada slices key interest rate to 0.25 percent

In a bid to revive the coronavirus-affected economy, the Bank of Canada on Friday announced its plans to reduce its interest rate to 0.25...
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Market Analysis: Stocks rise, USD weakened after US Congress approves stimulus package

We witnessed an emphatic recovery in global equities in the past couple of days. The US parliament approved a USD 2tn stimulus package which...

Market Analysis by Abhishek Goenka: Why is rupee not depreciating till now despite USD strength?

The Rupee has been one of the better-performing currencies amid the extreme panic and turmoil we have witnessed in global markets. On previous occasions...

Market Analysis by Abhishek Goenka, “Fed obliges the president; cuts rates to zero”

Just three days before the policy, the US Fed has cut overnight Federal funds rate by 1% to 0-0.25% range. It has also announced USD...
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TG TV: Lagarde says “COVID-19 will have a significant impact on economic activity”

The President of the European Central Bank, Christine Lagarde on Saturday, said that “The recent outbreak of Coronavirus (COVID-19), will have a significant impact on economic...

In-depth analysis: Supreme Court lifts ban on trading cryptocurrency in India

The Supreme Court of India has lifted the ban from the cryptocurrency Industry on the trading of virtual currency, cryptocurrency, and bitcoin. Background of the...

Coronavirus Outbreak: China cleans, locks away banknotes to stop virus spread

China is disinfecting and isolating used banknotes as part of efforts to stop the spread of the new coronavirus that has killed more than...
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Coronavirus Outbreak: Over $420 billion wipes out from China's stock market

Investors erased $420 billion from China's benchmark stock index on January 3, sold the yuan and dumped commodities as fears about the spreading novel...

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