Thursday, 11 June 2020 Our View in a Snapshot NIFTY USD/INR Expected Open 10100 75.60 Expected Range 9950 – 10200 75.40 – 75.80 Federal Reserve to keep buying bonds and sees no rate hike through 2022 Asia stocks set to fall on Fed’s dour outlook Oil slides below $41 as U.S. inventory rise revives glut…
The Federal Open Market Committee, in a statement released after its two-day policy meeting, voted 8 to 0 to increase its fed funds rate by 25 basis points to a range of between 1.75% and 2.00%, as expected. FOMC officials predicted a total of four rate increases for this year, which is up from a…
Forex Reserves of all the countries across the Globe