Feyisayo Ajayi
India's foreign exchange reserves have increased according to findings from RBI by $5.98 billion to reach $578.78...
US Federal Reserve
Timilehin Adejumobi
Interbank rates have risen more than 400 basis points this year and most large UAE banks mainly...
The Dubai's main index rose 4.38 points, or 0.13 per cent, to 3,3315.23 points as Dubai Islamic...
The vigorous monetary policy tightening effort of the US Federal Reserve has put pressure on refinancing as...
The Fed has so far been aggressive with rate adjustments this year by delivering four consecutive hikes...
On one hand is U.S. economic data suggesting lower inflation that gives room for the Fed to...
This double whammy – from a cheaper dollar and the crypto storm – has once again reignited...
Hong Kong’s Hang Seng index fell 2.65%, leading losses in the wider Asia-Pacific trading session. Hang Seng Tech fell...
The October PMI data will be the cynosure of all eyes in China for new indicators of...
The IMF produced and released $650 billion in SDR assets in August 2021 to help their recovery...
Sterling's surge stalled, with the currency falling 0.5% to $1.1425. The RBNZ's decision and tone contrasted with...
The central bank has now raised rates for six consecutive sessions by a total of 250 basis...
After the US Federal Reserve hiked borrowing costs for the third time in three days, the HKMA...
Villeroy, considered a centrist on the bank's rate-setting Governing Council, stated that rates should continue to rise...
On the supply side, Russia expects earnings from energy exports to increase 38% this year, owing to...
The kiwi, the currency of New Zealand, fell 0.6% to $0.64165, retreating from Friday's high of $0.6468,...
US inflation numbers are scheduled at 1230 GMT later in the day. Economists predict that year-on-year headline...
MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.66%, snapping two straight days of losses. Bitcoin...
There were 11.3 million job openings at the end of May, with 1.9 jobs for every unemployed...
The global economic outlook is becoming increasingly cloudy, negatively weighing on the outlook demand for commodities, with...
News OTG Editorials
The Saudi central bank placed about 50 billion riyals ($13 billion) as time deposits with commercial lenders.
This decision was taken following the US Federal Reserve Board’s announcement on June 15, 2022.
