[ad_1] The outlook for Sweden’s economy has deteriorated with spending by households set to be a determining factor in how big the contraction turns out to be, according to the…
Tag: Exchange rate
Another positive week
[ad_1] KARACHI: The rupee witnessed another positive week as it appreciated Re0.61 or 0.21% against the US dollar in the inter-bank market. It was the fifth consecutive week that the…
Denmark Delivers 25 Basis-Point Rate Hike After ECB Move
[ad_1] Denmark matched the European Central Bank’s 25-basis-point interest rate hike to protect the krone’s peg against the euro. The Danish central bank raised its current account rate to 3.1%…
Rouble strengthens after Putin reimposes currency controls
[ad_1] Moscow has imposed capital controls to prop up its currency, a similar move to the one that saved the rouble from collapsing in 2022 right after its full-scale invasion…
Prudential Plans to Double New Business Profit by 2027
[ad_1] Prudential Plc plans to more than double its new business profit by 2027 as Chief Executive Officer Anil Wadhwani ramps up his strategy less than one year into the…
UK and Turkey both raise interest rates to control economy
[ad_1] Both the UK and Turkey have announced increases in the rate of borrowing in moves to stabilise the economy but sparking British fears of a recession The Bank of…
Cash, credit card or crypto: What’s the best way to pay on holiday?
[ad_1] Heading abroad? Here’s how to choose the best payment option for your trip. Sorting out travel money often involves a mad dash to the currency exchange at the airport…
Falling exports and imports
[ad_1] The February figures of exports, imports and balance of trade have just been released. They tell a story of extreme contraction in the volume of trade. Cumulatively, over the…