Rupee Marginally Up on RBIs Proactive Involvement

MUMBAI, Nov 13 Reuters The Indian rupee inched up on Monday on expectations that the central bank would ensure that there is no fallout of the previous session39;s decline to a lifetime low. The rupee was at 83.2950 to the U.S. dollar, up from 83.34 on Friday. The currency traded in a choppy session on […]
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Central Banks need a Word with Budget Masters

LONDON, Nov 10 Reuters If a reemerging risk premium in bonds is down to government debt sustainability worries, central banks may need to lobby their Treasuries that it39;s undermining their control of credit. U.S. Federal Reserve officials are puzzling over why bond borrowing rates spiked lately even as Fed policy expectations have remained largely unchanged. Whether a resurfacing term […]
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Peru Cuts Interest Rate again as Prices Ease

LIMA, Reuters Peru39;s central bank again lowered its benchmark interest rate by 25 basis points to 7.00 on Thursday, as the monetary authority in the Andean nation continues to ease borrowing costs in an effort to help claw its way out of a recession. The bank39;s third consecutive cut comes as the rate of rising consumer […]
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