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MONEY & BANKING
FOREX
Yuan revaluation no cure for US ills
THE foreign exchange markets have been rife with speculation over China's revaluation for some time. In the run-up to the G7 meeting, US political pressure had intensified. The rationale for realignment is that it would help in achieving a ...
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DEBT MARKET
Life insurers keep low profile in bond market
BONDS remained steady in listless trading last week as traders preferred to wait for the Budget. Traders said that sellers dominated the markets. Even life insurance companies were maintaining a low profile, they said. Traders were also ...
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