the prices

The Turkish lira hits a new record low against the dollar as investors prepare for another interest rate cut

An electronic board displays exchange rate information at a currency exchange office in Istanbul, Turkey, on Monday, August 29, 2022. Nicole Tong | Bloomberg | Getty Images The Turkish lira hit a new record low on Thursday, trading at 18.377 against the dollar at 11:30 am in Istanbul, and it continues to drop more than …

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European markets are falling as investors digest more interest rate hikes

The Swiss franc weakened significantly against the dollar, the euro and the pound after the interest rate hike The Swiss franc weakened significantly against the US dollar, the euro and the British pound after the central bank’s decision to raise interest rates by 75 basis points to 0.5%. At 9:30 AM London time, the dollar …

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Asian markets traded higher as inflation in Japan approached an 8-year high; China keeps the benchmark lending rate unchanged

Technology and casino stocks in Hong Kong support the broader index Australia’s central bank says argument to boost slow rate hikes The RBA board members saw the case for the slowdown in the pace of interest rate increase becoming stronger, according to the minutes of the September 6 meeting, as it raised the interest rate …

Asian markets traded higher as inflation in Japan approached an 8-year high; China keeps the benchmark lending rate unchanged Read More »