ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today visited His ...
Read More »Chile steps in to buoy peso after fast slump
Bloomberg Chile’s central bank announced plans to support the nation’s currency after it plummeted to a record low, fuelling inflation that’s already almost quadruple target rate. Policy makers announced a $25 billion currency intervention, adding it will last from July 18 to September 30. The program includes spot dollar sales of as much as $10 billion and foreign-exchange hedge ...
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