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Read moreIn the forex markets, EUR/USD indeed met resistance around 1.4805 and USD/CHF attracted bidding interest around 1.0890, an expected support level , during the early Asian trading session Wednesday, thus spurring a USD rebound after some weakness ...
Read moreMumbai: The rupee’s sharp slide against the dollar this week has renewed speculation in the market about a coming sharp depreciation in its value and some foreign exchange dealers say that if banking regulator Reserve Bank of India (RBI) does not ...
Read moreMOSCOW – Russia is not planning to raise its exposure to debt issued by U.S. agencies Fannie Mae and Freddie Mac, but will not cut it rapidly, Russia's deputy finance minister said on Wednesday. “At the moment we are not planning to increase our ...
Read moreMOSCOW, Aug 20 (Reuters) - Russia is not planning to raise its exposure to debt issued by U.S. agencies Fannie Mae and Freddie Mac , but will not cut it rapidly, Russia's deputy finance minister said on Wednesday. 'At the moment we are not planning ...
Read moreMOSCOW, Aug 19 (Reuters) - Russia is still buying debt issued by U.S. agencies Fannie Mae and Freddie Mac but on a smaller scale than before, Finance Minister Alexei Kudrin told reporters on Tuesday. Kudrin said the ministry considered other ...
Read moreRussia held about $100 billion in Fannie Mae, Freddie Mac and Federal Home Loan Banks' debt at the start of 2008, but last month the central bank said the investment had been reduced by about 40 percent with maturing short-term holdings often not ...
Read moreAny domestic businessman could have told him that, in fact, Indian companies are just as convinced that any company would go under if it did not invest in India. The India-and-China investment strategy remains the prevailing wisdom of global business ...
Read moreSOCHI, Russia, Aug 20 (Reuters) - President Dmitry Medvedev said on Wednesday it would meet Russia's top business lobby in September, while a top businessman said the meeting would discuss potential changes to the country's tax system. Medvedev met a ...
Read moreBRASILIA (Dow Jones)--Brazil's reference Selic interest rate will only begin to fall when inflation approaches the 4.5% center-point of the government's annual target, Brazilian Finance Minister Guido Mantega said Wednesday. "Interest rates will only ...
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