Bank of Japan Governor Kazuo Ueda’s comment on Monday that the central bank will raise interest rates further if the economy continues to improve also hit sentiment as worries grew about unwinding of yen carry trades-a strategy used by investors to borrow from a low-interest country and invest in a high-interest-yielding country.
Solid & liquid: RBI lets cash flow into the financial system
The Reserve Bank of India, under Governor Sanjay Malhotra, is relaxing lending rules. This aims to boost economic growth as inflation cools. Policy rates have