Vietnam index drops 1 pct as currency weakens + MORE

[Buzz_Burner_Fresh_Updates] India finance secy hopes progress on rate panel in next parliament session – TV – reuters.com NEW DELHI, Aug 13 (Reuters) – India may amend the Reserve Bank of India Act in the next session of parliament for setting up a monetary policy panel that would decide policy interest rates, and a public debt […]

Vietnam index dips 1 pct on currency trading band change

[Buzz_Burner_Fresh_Updates] Vietnam index dips 1 pct on currency trading band change – reuters.com HANOI, Aug 12 (Reuters) – Vietnam’s benchmark VN Index dropped 1.05 percent at the break on Wednesday after the country’s central bank widened the dollar/dong trading band, with most big-cap shares losing ground. Vietnam doubled its trading band for interbank dollar/dong transactions […]

Ugandan central bank chief says shilling depreciation "unavoidable" + MORE

[Buzz_Burner_Fresh_Updates] Ugandan central bank chief says shilling depreciation "unavoidable" – reuters.com KAMPALA, July 3 (Reuters) – Uganda’s central bank governor said it was not sustainable to continue supporting the currency and maintain it at a level not reflective of its market value and that depreciation was “unavoidable” because of weak exports. Continue Reading On reuters.com […]

Japan first-quarter GDP growth seen moderate, weak consumption a concern

[Buzz_Burner_Fresh_Updates] Japan first-quarter GDP growth seen moderate, weak consumption a concern – reuters.com TOKYO (Reuters) – Japan’s economy was expected to post a second straight quarter of moderate growth in January-March, led by a pickup in exports and business investment, a Reuters poll found, pointing if realized to a steady recovery from recession after last […]