US Dollar dominance increases in Currency Market. A recession prelude?

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The US Dollar remains without serious competition in global foreign exchange trade The Yuan on the other hand has failed to make progress London has grown its market share despite Brexit turmoil The US Dollar’s complete dominance of the global financial system shines out from a new survey of activity from the Bank of International Settlements. Despite US-China trade

INDIA – List of Ministries & Departments for fostering international trade

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Our country has facilitated various ministries to foster international Trade and put India on a global map. A total of 31 export promotion councils and 11 commodity boards exist, in India. Ministries & Departments States Regulatory Authorities, Associations and Councils Government of India Directory Indian Missions State Investment Promotion Agencies Export Promotion Councils Agriculture and

FDI in India – A boon or a bane for the economy, driven by consumption?

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Apart from being a critical driver of economic growth, foreign direct investment (FDI) is a major source of non-debt financial resource for the economic development of India. Foreign companies invest in India to take advantage of relatively lower wages, special investment privileges such as tax exemptions, etc. For a country where foreign investments are being

What are Export Promotional Councils (EPC) ? What role they have, in India’s Exports?

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Export promotional Councils ( EPC ) are authorities which are basically promoting, supporting and assisting firms in entering the International markets and realising their optimum potential from given resources. They also provide guidance and assistance to the exporters.In legal terms, export promotional councils are non-profit organisation registered as a company or society. Each Export promotional

Forex – Dollar Slips Back For Now; EUR/USD Seen Testing 1.05

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Looking ahead, markets are likely to remain focused on policymakers’ efforts to backstop the global economy amid the ongoing crisis. A wave of monetary and fiscal stimulus measures has been unleashed. Central banks around the world slashed lending rates and flooded markets with cheap credit. Governments have also moved to dole out cash as activity
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