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PHL raises P122B from the sale of euro bonds

An employee shows 50 euro notes in a Sarajevo bank in this photo from March 19, 2012. – REUTERS The Philippine government raised 2.1 billion euros (122.4 billion pesos) through a three-tranche offering of euro-denominated bonds, the Treasury Office (BTr) reported. The Philippines took advantage of the low interest rates …

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Asia faces complex political considerations

The battle against Covid-19 is by no means over, but Asia’s central banks must start to deal with post-pandemic considerations. China is already taking measures to reign over liquidity and credit, as well as measures to curb soaring house prices in parts of the country. The economic outperformance has been …

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Pandemic Ends Electrical Autos in Canada, Ballot Finds

The survey highlights how the preferences of Canadian motorcar customers have modified in the course of the pandemic, resulting in larger unemployment charges and contributing to higher financial uncertainty. Based on the survey, 77 % of customers trying to purchase an electrical car hope to purchase one for lower than …

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RBI boldly crosses paths with ‘Lakshman Rekha’ as he embarks on quantitative easing, writes Ajit Ranade

The Reserve Financial institution of India’s Financial Coverage Committee (MPC) meets each two months to determine on the principle coverage rate of interest. That is the speed at which the RBI grants an in a single day mortgage, that’s, an in a single day mortgage, to a industrial financial institution …

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