Browsing Tag

rates

The case for forever high interest rates

By Yoruk Bahceli(Reuters) - If financial markets are right, interest rates won't just stay high this year, but possibly forever.The return of inflation means ultra-low rates are history. And markets now reflect a scenario where even the…

Market exchange rates in China — May 6

BEIJING, May 6 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced Monday by the China Foreign Exchange Trade System: Currency Unit…

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