Bank of Canada rate hike speculation boosts Canadian dollar
Breadcrumb Trail Links News Economy The loonie is likely to extend its rally if the Bank’s policy decision today proves hawkish Author of the article: Bloomberg News Anya Andrianova and…
NBFC: Indian NBFCs double fundraising via bonds in five days as bank rate gap widens
Indian non-banking financial companies (NBFC) have raised around 100 billion rupees ($1.21 billion) via bonds in the past five days, double that of the preceding work week, with more such…
Fed Interest Rate Hike Was Predictable. Banks Failed Anyway
Just about anyone whose job it is to pay attention to financial news should have known that interest rates would go up over the course of the last year. A…
Analysis: U.S. bank loan plan provides Fed rate hike path amid SVB fallout
NEW YORK, March 14 (Reuters) – A U.S. lending program to stem deposit outflows in the wake of Silicon Valley Bank’s (SIVB.O) collapse gives the Federal Reserve scope to continue…
SBI hikes interest rate on housing loans; EMI to rise for existing borrowers
SBI MCLR: State Bank of India (SBI) has hiked the loan interest rates based on the Marginal Cost of Lending Rate (MCLR) by 10 basis points w.e.f. from February 15.…
Canadian dollar’s outlook for 2023 unsure as fascination rate hikes wane: industry experts
The outlook for the loonie in 2023 mostly is dependent on commodity price ranges, how the U.S. greenback fares, and whether or not central banking companies are effective in steering…
Inflation, rate hikes, falling home prices to persist in 2023: BMO
Breadcrumb Trail Links Executive Summary Executive Hold onto your wallets — inflation, high interest rates and falling home prices will continue this year, BMO says A pedestrian in Toronto. Canada…
Stocks Post Month’s Best Day as Rate Surge Fades: Markets Wrap
(Bloomberg) — US stocks rose in a broad-based rally and Treasury yields fell as data allayed fears of a supercharged jobs market that would support a more aggressive policy path.…
Bank of Canada says future rate decisions more data-dependent
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada will study the most recent economic data to gauge whether to raise interest rates further, a deputy…
Lebanon’s exchange rate against the dollar might change, but the country’s troubles remain
Lebanon’s currency has been pegged to the US dollar at the rate of 1,507.5 Lebanese pound (LBP) per dollar since 1997. The finance ministry was due to revise the official…