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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.
As the US reciprocal tariffs hit global markets, Neelkanth Mishra, chief economist at Axis Bank, said on Monday that some ...
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 ...
The deepening trade war triggered a buzz in money markets across the globe that China may devalue the yuan against the dollar in a departure from their policy of pursuing a stable currency ... A ...
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.
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 ...
Despite a slowed rate in the monthly devaluation of the peso currency, known as the crawling ... Nearly 100 killed after heavy rain in India, Nepal 5:24 AM UTC · Updated ago Worldcategory Iran ...
were convinced that the devaluation of the Pound was inevitable after England linked its currency in an exchange rate mechanism to the Euro that made British industry less competitive. The Bank of ...
Wall Street's main indexes were set to open higher on Friday following earnings from big banks including JPMorgan, while ...
Beijing may also make a “larger than expected devaluation” of its currency against the US dollar to offset the cost of the new tariffs, Bishop wrote in his Sinocism newsletter. India has it ...