Banks race for dollar deposits as RBI curtails FCNR (B) swap window
Despite early closure, experts expect total inflow of $60-70 bn by Aug-end
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Tourism leads Dominican Republic’s economic expansion, strengthens credit to private sector
Tourism remains among the activities leading the expansion of the Dominican economy, while also driving greater demand for financing and contributing to the growth...
Uttara Finance chairman, MD among four directors resign
In February this year, Bangladesh Bank reconstituted Uttara Finance’s board with five members, comprising four independent directors and the CFO of Uttara Group.
New panel formed to address tea industry woes
The government has formed a 12-member committee to oversee the development of Bangladesh’s tea industry, which is facing financial strain from years of losses...
Foreign investment in stocks keeps falling
Foreign investors continue to pull out of the local stock market due to a mix of nearly half a dozen reasons, including policy and regulatory uncertainty, weak...
At AI-fueled market party, Wall Street eyes the rates punch bowl
Technology companies are historically sensitive to Treasury yields because their high market valuations are based on growth estimates, with bigger profits...
Aimed at Cartels, FinCEN's Cash Reporting Order Is Shutting Down Small Businesses at the Border
Border money-transfer shops have filed 700,000 federal cash reports under a low-dollar rule now blocked in court — and customers are the ones vanishing.
Puzzling policy: Premature ending of FCNR (B) swap raises questions
From the turn of events, it would appear that the scheme was not adequately thought through
“Their Job Is to Screw You:” Dave Ramsey to Newlywed With $41K in Debt on a $95K Income
Nick earns $75,000 a year, just got married, and still cannot figure out why he is broke every single week. Dave Ramsey had a blunt answer about who is actually...
Anne Kinuthia-Otieno leaves Airtel Money after brusing M-Pesa battle
Her move to Visa comes after a period in which she helped strengthen Airtel Money’s position in...