Tag: CENTRAL BANK

Trump takes US-Russia relations on rollercoaster ride

rbuotLeave a Comment on Trump takes US-Russia relations on rollercoaster ride

The term “Amerikanskiye gorki,” which translates to “rollercoaster,” would unquestionably be included in the first lesson of any Russian language course I wrote for 2025. It literally means American Hills. How pertinent. After all, US-Russian relations have become one lately, with highs and lows and twists and turns, with President Donald Trump now controlling the […]

Continue Reading

UltraTech Cement to acquire Wonder WallCare for Rs. 235 crore through the acquisition of UltraTech Cement shares

rbuotLeave a Comment on UltraTech Cement to acquire Wonder WallCare for Rs. 235 crore through the acquisition of UltraTech Cement shares

UltraTech Cement shares will be in focus as the company plans to acquire Wonder WallCare, a wall putty manufacturer, for an enterprise value of up to Rs 235 crore as part of its expansion strategy. The acquisition will make UltraTech’s line of value-added products stronger. UltraTech Cement plans to acquire Wonder WallCare for up to […]

Continue Reading

Despite the $25 billion lira intervention, foreign investors remain wary of Turkey. Traders are concerned that Erdoan may fire the finance minister and governor of the central bank, both of whom have contributed to the stability of the country’s markets.

rbuotLeave a Comment on Despite the $25 billion lira intervention, foreign investors remain wary of Turkey. Traders are concerned that Erdoan may fire the finance minister and governor of the central bank, both of whom have contributed to the stability of the country’s markets.

Despite massive intervention to stabilize the currency and restore confidence, foreign investors continue to be wary of Turkish assets. After the lira fell to a record low of more than 40 to the dollar last week, the central bank committed more than $25 billion in a matter of days, rebuilding the country’s net foreign reserves […]

Continue Reading