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Recent Posts
BOJ keeps rates low, is upbeat
The Bank of Japan held interest rates near zero amid mounting government pressure for it to fight deflation that could stunt the recovery from the country’s worst postwar recession. 6 Vote(s) Read More BOJ keeps rates low, is upbeat Related Po...
Forex reserves rise by 962 m on dollar buys
Foreign exchange reserves rose $962 million during the week ended November 13 as the central bank bought the dollars that came in as portfolio investments by foreign institutional investors. 5 Vote(s) Read More Forex reserves rise by 962 m on dollar...
US Q3 seen revised down on widening trade deficit
The U.S. economy’s return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted. 6 Vote(s) Read More US Q3 seen revised ...
Gold heads into weekend triumphant
Risk aversion may be up, but gold is well underpinned. It looks to be taking on a duel role these days as both safe-haven for the canned-goods and ammunition crowd who are preparing for cataclysm as well as for the inflation-phobes. Is there anyt 6 V...
USD peg has served Gulf states well
Gulf states’ dollar peg has served the region well and inflationary pressures haven’t returned, John Lipsky (pictured), the International Monetary Fund’s first deputy managing director, said. 5 Vote(s) Read More USD peg has served ...
Mexican Peso Advances as Rates Wont Be Cut
The Mexican peso had a positive performance today versus the greenback as interest rates are unlikely to have further cuts, attracting investors to inject capital in the North American country.(…)Read the...

