Timothy Rangongo
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Emerging-Market Assets Fall In Step With Global Flight From Risk
Emerging-market assets fell on Monday as investors fled risk after mixed US economic data on Friday raised doubts over whether the Federal Reserve was on track to lower interest rates soon.
- Monday January 8, 2024
- Author: Timothy Rangongo
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BRICS Bank Aims To Increase Local-Currency Borrowing To 30%
New Development Bank, the multilateral lender founded by the BRICS group of emerging-market countries, aims to increase the share of funding it raises in local currencies to 30% from less than 20%, according to its chief financial officer.
- Wednesday August 23, 2023
- Author: Timothy Rangongo
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BRICS Bank Aims To Increase Local-Currency Borrowing To 30%
New Development Bank, the multilateral lender founded by the BRICS group of emerging-market countries, aims to increase the share of funding it raises in local currencies to 30% from less than 20%, according to its chief financial officer.
- Wednesday August 23, 2023
- Author: Timothy Rangongo
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BRICS Bank Raises $94 Million In First South Africa Bond Auction
Shanghai-based NDB, established by Brazil, Russia, India, China, and South Africa, received more than 2.5 billion rand of bids for the three- and five-year bonds, enabling it to increase the size of the deal.
- Wednesday August 16, 2023
- Author: Timothy Rangongo
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BRICS Bank Raises $94 Million In First South Africa Bond Auction
Shanghai-based NDB, established by Brazil, Russia, India, China, and South Africa, received more than 2.5 billion rand of bids for the three- and five-year bonds, enabling it to increase the size of the deal.
- Wednesday August 16, 2023
- Author: Timothy Rangongo