China forex reserves fall in March to $3.34 trillion
Business

China forex reserves fall in March to $3.34 trillion

congodailynews.com
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices for major global financial assets weighed on the value of...
Bank of Korea holds 2.5% rate and rolls out dot plot
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

congodailynews.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...