Dollar steady

Buoyant dollar within striking distance of 150 yen

By Mercury 02-10-23 16:34

The dollar began the last quarter of the year in the ascendant on Monday due to prospects of U.S. interest rates staying higher for longer, and the yen’s slide to a near one-year low put traders on watch for intervention by Japanese authorities.

Repo rate remains unchanged

Repo rate remains unchanged at 8.25%

By Fazila Olla 21-09-23 21:46

The MPC’s decision to keep the repo rate unchanged, is a welcome reprieve for households and businesses after 3 members of the committee opted to keep borrowing costs unchanged for a second consecutive time.

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