Shift Gears to Learning: Dive into News
The country’s foreign exchange kitty had reached an all-time excessive of USD 645 billion in October 2021. The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures triggered majorly by world developments since final yr. China is launching a marketing campaign to revive a lagging inventory market, and enhance investor confidence in an ailing economic system. A slew of measures announced over the weekend include slashing stamp duty, slowing the tempo of initial public choices and inspiring margin financing. China’s blue chip CSI300 Index opened up greater than 5% on Monday, but…