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Dollar all-time high
IN the local currency market, strong dollar demand for making year-end payments persisted this week, but the rupee resisted sharp…
Fed absorbs 90pc of new US bonds
Even as the US government debt swells to more than $16 trillion, Treasuries and other dollar fixed-income securities will be…
Is govt ‘subsidising’ banks?
It would sound incredible if someone told you that the government is ‘subsidising’ banks. But it’s a fact that government…
