June 2, 2020/OilPrice.com Chart of the Week –    The U.S. only sold 729,000 vehicles in the month of April, the lowest since early 2010. –    Car sales were down 59 percent year-on-year, while light truck sales were down 42 percent, a sign that consumers are making a slight shift […]

June 2, 2020/InvestmentOne Report    In contrast to our expectation, the benchmark interest rate was reduced by 100bps to 12.50% (Second rate cut since November 2015) while other monetary parameters were held unchanged as follows: ü  Cash Reserve Ratio at 27.50% ü  Liquidity ratio at 30% ü  Asymmetric corridor of […]

June 2, 2020/IMFBlog By Pragyan Deb, Davide Furceri, Jonathan D. Ostry and Nour Tawk Since the COVID-19 outbreak was first reported in Wuhan, China in late December 2019, the disease has spread to more than 200 countries and territories. In the absence of a vaccine or effective treatment, governments worldwide […]