The recent record highs for US stock markets could be tested in the days and weeks ahead as earnings season gets under way and investors get the latest read on when the US Federal Reserve might start to raise interest rates back up to normal levels. Further, investors were thrown a curve ball by International Monetary Fund managing director Christine Lagarde on Sunday, July 5, when she hinted that the IMF may slightly lower its global growth forecasts some time this month due to subdued ...
India's forex reserves rise to $313.54 billion as of June 13: Citibank India's foreign exchange reserves rose to $313.54 billion as of June 13 compared with $312.59 billion in the week earlier, the Reserve Bank of India said on Friday. Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the RBI said in its weekly ...
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