Money Market News And Facts
India?s forex reserves are growing at nearly $20 Billion every month and are quickly approaching $300 Billion. Of course, accompanying this windfall are the inevitable questions about what to do with the money. The Royal Bank of India (RBI) had… (more…)
Earlier this week, we reported that the members of OPEC are mulling the possibility of pricing oil contracts in a basket of currencies, rather than solely in Dollars. In a related move, the members of the Gulf Co-operation Council (GCC)… (more…)
Equity sentiment has been most affected by volatility in the market, according to new research. (more…)
Previous increases in interest rates have led to low consumer confidence, according to the British Retail Consortium (BRC). (more…)