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As the US reciprocal tariffs hit global markets, Neelkanth Mishra, chief economist at Axis Bank, said on Monday that some ...
They can bargain for a cheaper currency swap premium as well. The recent devaluation of Rupee can puncture India’s 2030 climate target, which needs a massive volume of foreign capital.
Some of these tariffs would ultimately be eliminated through negotiations, but others would stay, fulfilling the twin objective of raising revenue and undermining the U.S. dollar's status as the world ...
China is likely to defy expectations from some on Wall Street of big yuan devaluations against the dollar, opting instead to only moderately weaken the managed currency, according to Allan von Mehren.
CAIRO, April 6 (Reuters) - Libya's central bank announced a 13.3% devaluation of the country's dinar currency on Sunday, setting the exchange rate at 5.5677 to the U.S. dollar effective immediately.
The event, held as part of FIA's 7th Annual International Women's Day celebration, was graced by Union Minister of Women and Child Development Annapurna Devi as the chief guest. She commended the ...
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Argentina's Milei signals 'no room' for FX devaluationMilei hinted that in the case of an IMF deal the country would have a "mountain of dollars" and few peso, leaving little room for a sharp devaluation of the currency. "There's no room for raising ...
JOHANNESBURG: MTN Group suffered a 69% slump in full-year earnings, Africa's biggest telecom operator reported on Monday, hit by a devaluation ... to stabilise the currency and attract investment.
BUENOS AIRES, March 27 (Reuters) - Argentina's libertarian President Javier Milei said on Thursday that there was "no room" for a sharp devaluation of the local peso, addressing investor fears ...
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