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The Spectator

Tag : exports

Business

Bank of Korea holds 2.5% rate and rolls out dot plot

thespectator.co.in
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
Business

Chinese Yuan hits record lows against surging US dollar

thespectator.co.in
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China’s domestic currency hitting its weakest level since the 2008 global financial...