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Tag: FRX

Exclusive: India’s Bank of Baroda stops clearing payment for above-cap Russian oil – sources

Exclusive: India’s Bank of Baroda stops clearing payment for above-cap Russian oil – sources

April 4, 2023April 4, 2023 · World News

NEW DELHI, April 4 (Reuters) – India’s Bank of Baroda (BOB.NS) has stopped clearing payments for Russian oil sold above the price cap set by the West from…

Read more Exclusive: India’s Bank of Baroda stops clearing payment for above-cap Russian oil – sources
Canada’s deep yield curve inversion adds to BoC rate hike dilemma

Canada’s deep yield curve inversion adds to BoC rate hike dilemma

December 4, 2022December 5, 2022 · World News

TORONTO, Dec 4 (Reuters) – As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an economy likely more overheated than previously thought…

Read more Canada’s deep yield curve inversion adds to BoC rate hike dilemma
Ghana plans to buy oil with gold instead of U.S. dollars

Ghana plans to buy oil with gold instead of U.S. dollars

November 24, 2022November 27, 2022 · World News

ACCRA, Nov 24 (Reuters) – Ghana’s government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said…

Read more Ghana plans to buy oil with gold instead of U.S. dollars
As UK’s Truss fights for job, new finance minister says she made mistakes

As UK’s Truss fights for job, new finance minister says she made mistakes

October 15, 2022October 15, 2022 · World News

Truss sacked finance minister on Friday New chancellor Hunt warns of tough decisions ‘I’ve listened, I get it’, Truss says BoE’s Bailey says agrees with Hunt on need…

Read more As UK’s Truss fights for job, new finance minister says she made mistakes
Dow posts record closing high, stocks gain for 3rd week; dollar dips

Dow posts record closing high, stocks gain for 3rd week; dollar dips

October 23, 2021September 28, 2022 · US News

S&P 500, Nasdaq end session lower Evergrande averts default with surprise interest payment U.S. 10-year yields lower NEW YORK, Oct 22 (Reuters) – The Dow Jones industrial average…

Read more Dow posts record closing high, stocks gain for 3rd week; dollar dips
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