SHARIAH / WAM In a high-level meeting chaired by Sheikha Bodour Al Qasimi, the Board ...
Read More »RBI’s rupee defense sending bill rates to three-year high
Bloomberg The Reserve Bank of India’s (RBI) intervention in the foreign-exchange market to protect the rupee that tested a series of record lows in recent months is pushing shorter rates to multi-year highs. The government’s borrowing costs for a three-month Treasury bill surged to the highest in three years at an auction. The weighted average call rate, an interbank ...
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