The latest half-yearly report on foreign exchange management showed that as at end-March 2023, of the total foreign currency assets of $509.69 billion, $411.65 billion was invested in securities.
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and
Jefferies’ Chris Wood criticizes Trump’s sweeping new tariffs, calling April 2 “an impoverishment day.” With steep levies on key Asian economies, analysts warn of global
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