BANKING
Banking is the umbilical cord of all global economies, mirroring the suppliers and the consumers’ interaction within a microeconomic level. Our experts, therefore, provide you with the latest banking trends to know.
25 Nov 2021
EUR/USD breaks below $1,12 on FED-ECB monetary policy divergence
The common currency has dropped below $1,12 for the first time since July 2020, following the monetary divergence between the Fed and ECB, the gloomy economic outlook in...
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24 Sep 2021
Turkish lira drops to record low against US dollar after 1% rate cut
Turkey’s lira fell to a fresh record low of $8,88 against the US dollar and €10,40 to the Euro on Friday morning, extending losses from the previous sessions, as...
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10 Sep 2021
EUR/USD rises to $1,185 after ECB announced a “modest taper” of its PEPP program
Euro bounces back to the $1,185 mark following Thursday’s ECB-European Central Bank’s monetary policy meeting; where it announced the start of trimming its emergency asset purchases under the...
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02 Jun 2020
Singapore’s local banks cut interest rates
Local banks in Singapore have cut interest rates on savings accounts, amid the coronavirus outbreak. OCBC Bank announced a further reduction in rates since May....
6 minutes read
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