Latest Updates Around The World
The MSCI global stock index lost ground on Friday and Wall Street had a subdued end to the week, while US Treasury yields rose after hawkish Federal Reserve officials abandoned hopes of a December rate cut. After opening lower, the S&P 500 pared most of its losses with some help from bargain hunters after major […]
In a rare fit of generosity, the Monetary Policy Committee (MPC) decided in its June meeting to lower the Repo rate with 50 basic points and to beat the Cash Reserve Ratio (CRR) for banks with 100 basic points. The CRR section will be phased out from September to November over four tranches. Both REPO […]
