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About: josephine

Recent Posts by josephine

DBS’s Wee says EUR/USD climbed but stalled below 1.18, as ECB dampens April hike expectations

EUR/USD rallies stalled below 1.18 as ECB downplayed rate hike bets; IMF trimmed Eurozone growth outlook.

India’s foreign exchange reserves rose to $700.95B, up from $697.12B in early April

India’s forex reserves climbed to $700.95 billion as of 6 April, up $3.83 billion week-on-week.

India’s bank loan growth increased from 13.8% to 16.1%, according to figures released for March 16

India’s bank loan growth rose to 16.1% by March 16, accelerating from 13.8% previously.

Gold trades near $4,790, below $4,850, steady after retreating from $4,871 highs amid US-Iran talks

Gold held near $4,790, rangebound as markets watched US-Iran talks and a softer US Dollar.

BNY’s Bob Savage says RBI directed state refiners to reduce spot Dollar buying, using SBI credit lines instead

RBI directs state refiners to cut spot dollar buying, using SBI credit line to ease rupee pressure.

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