"US threats of ‘consequences’ if Beijing supports Russia could target China’s large foreign reserve assets, a significant portion of which is made up of US government bonds, Chinese economists say."

The Ukraine Crisis Has Only Laid Bare India's Economic Sore Spots

The state of Financial markets & Economies, Charts, Business Trends & Statistics. >"A volatile week ended on Wall Street with the major indices flip-flopping between gains and losses on Friday. The Evergrande’s fallout prompted _...Read More_

Forex reserves down by $778 million to $578.568 billion

Asian shares were mostly higher on Monday buoyed by further signs of recovery in China's manufacturing sector.

>"Forward Exchange Contract Forward Exchange Contract is a contract between two parties, where one agrees to deliver a certain amount _...Read More_

>"Interest Rate parity theory Interest Rate parity theory states that foreign exchange rate between currencies are directly dependent on their interest rate _...Read More_