Day: March 13, 2020

Calls Rise for Emergency Dollar Funding, With Strains Escalating
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Calls Rise for Emergency Dollar Funding, With Strains Escalating

By Ritu, Capital Sands Emerging signs of a rush for dollars in the global financial system have spurred calls for the world’s central banks to use a key tool deployed during the credit crisis more than a decade ago: currency swap lines. The Bloomberg Dollar Spot Index climbed more than 1% for the second time […]

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India’s current account deficit shrinks sharply in October-December quarter

By Administrator_India Capital Sands India’s current account deficit (CAD) narrowed further in the October-December quarter on the back of a contraction in the trade deficit and rise in net services receipts, the central bank said on Thursday. The CAD declined to 0.2% of gross domestic product in the three months, the third quarter of the […]

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