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Rise of US dollar forwards builds risk for Asia’s central banks
Central banks across Asia are increasingly using derivatives to protect their currencies against a strong US dollar, raising questions over how long...
Outcome of Italy’s bank M&A wave to be decided by investors: central bank
Investors will ultimately determine the outcome of a raft of takeover bids rocking Italy’s financial sector, the country’s central banker said, adding...
Resurging UK inflation to keep BOE cautious on cutting rates
UK inflation probably hit its highest level in 10 months in January, continuing a resurgence in price pressures that has made the...