Understanding currency fluctuations
One notable instance of the chaos sparked by unfavourable currency fluctuations is the ‘Asian Financial Crisis’ that commenced in the summer of 1997 due to the devaluation of the Thai baht...
Tag : monetary policy
Bank of England holds interest rate amid recession worries
The Bank of England froze borrowing costs at its previous gatherings in September and November 2023, thereby snapping a series of 14 rate hikes...
Cardless cash withdrawal from ATMs soon
Cashless withdrawal will curb frauds, cloning, card tampering etc...
Bank of Thailand to use monetary policy to fight economic downturn
The central bank cut borrowing costs to 1.25 percent earlier this month...
UK output finally exceeds pre-recession levels
ING believes that BoE will end up tightening monetary policy sooner rather than later July 25, 2014: UK 2Q14 GDP growth has come in at 0.8%QoQ or 3.1% YoY, in line with market expectations. This is the fastest rate of annual GDP growth since 4Q 2007 and means that the UK economy has finally regained...
Now invest in Asia’s future
By Azis, Iwan 10th December 2013 The US Federal Reserve announcement delaying the start of a slowdown in asset purchases gives Asian markets a bit of a reprieve but does not change the basic picture that the US is embarking on a gradual normalization of its monetary policy. The big question is whether that normalization...