Euro Rate Today: Forecasting a Lower EUR/USD Exchange Rate in 2014 Remains Intact at Bank of America Currency analysts at Bank of America Merrill Lynch are standing by their 2014 forecast that sees a lower euro dollar exchange rate. The euro dollar rate has been heading lower since the ECB rate cut in early June, however following a less-than-hawkish FOMC minutes released mid-month dollar weakness has allowed the euro a recovery. ...
Reserve Bank of India bought US $ 7.78 billion in spot forex market in March The Reserve Bank of India was a net buyer of dollars worth US $ 7.78 billion in the spot forex market in March. As per the data of Monthly Bulletin for May 2014, the central bank purchased USD 8.75 billion in March while it sold US $ 970 million during the month. However, in February, RBI had sold a net US $ 530 million in the spot forex market. For the entire 2013-14, there were net buys of ...
Goldman Closes Real Estate Credit Fund at $4.2 Billion Goldman Sachs Group Inc. (GS), whichshifted its real estate focus to lending from buying propertiesafter the financial crisis, completed fundraising for its secondreal estate credit pool at $4.2 billion. The New York-based firm raised $1.8 billion in equitypledges from institutions and wealthy individuals, supplementedby the same amount in borrowings and $600 million of the firm’sown money, said Alan Kava, co-head of the ...
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