ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, …
Read More »Dollar rally spurs Asia into action to curb currency losses
Bloomberg The dollar’s relentless advance to a two-year high is roiling Asian currencies and pushing policymakers into action to curb losses. From direct dollar selling to verbal intervention, authorities are deploying every tool from their armouries to ward off currency threats. India and Taiwan have intervened in the market, while Japan has tried to talk up the yen. China …
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