CREDIT Suisse shares soared by at least 30 per cent in premarket trading on Thursday (Mar 16) after the company secured a US$54 billion lifeline from the Swiss National Bank to shore up liquidity and investor confidence that sent its stock to record lows the day before.
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India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in...
This is to offset the cash drain from its US dollar sales in the currency market to support a weakening rupee
