Financial Markets Blogs

The PBoC Awakens

The People's Bank of China (PBoC) eased monetary policy unexpectedly on Friday, November 21, lowering its benchmark one-year lending rate by 40bps to 5.60% and the deposit rate by 25bps to 2.75%,...

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Venezuela: Another Blow To Businesses

The economic situation in Venezuela continues to deteriorate, with the black market exchange rate now standing at more than 10 times the official rate, inflation at 54.3%, and reserves continuing to...

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