The rupee has appreciated by more than 7 per cent since the beginning of the month The State Bank of Pakistan kept its key discount rate unchanged at 10 per cent on Saturday, a spokesman said, following a drop in consumer prices and a rally by the rupee currency. The […]
Author: InvestAdvocate
IMF Endorse Bank of Mozambique’s Check on Money Growth
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday said it endorsed the Bank of Mozambique’s (BMs) commitment to keep money growth in check in 2014 which will help moderate the country’s rapid credit expansion in 2012-13 to a more prudent pace. This is part of discussions towards […]
Alibaba Group seeking U.S. listing in third-quarter: sources
China’s e-commerce giant Alibaba Group Holding Ltd is planning a U.S. IPO in the third quarter of this year, people familiar with the matter told Reuters, in what is the expected to be a more than $15 billion deal. The Hangzhou, China-based company, which controls about 80 percent of the […]
