Later Tuesday, Turkey's central bank is expected to raise its lending rate to about 10 percent at an emergency meeting in a bid to halt the slide of its currency. Theimproved 0.9 percent against the dollar at 62.56 rupees per dollar, while the Turkish lira gained about 1.3 percent against ...
Asian currencies gained notably against the dollar due to reduced concerns over U.S. interest rate hikes, with attention shifting to the Federal Reserve’s meeting minutes. The optimism around China’s potential support for its property sector also contributed to the sentiment. The yu...
Indian Rupee Japanese Yen Singapore Dollar Taiwanese Dollar Us Dollar More from IFR magazine IFR 2097 22 August to 28 August 2015 Lev loans safe haven after rate hike US leveraged loans could be an island of relative safety when the Federal Reserve shifts gears and starts hiking interest ...