Analysis: Underwater: How the Bank of England has delivered a lifeblood to the markets

Bank of England bought bonds after pension fund pleas Some UK pension funds have faced problematic margin calls BoE support is seen as giving an opportunity to build collateral The British government’s unfunded tax plan scared the markets LONDON/NEW YORK (Reuters) – Calls from the Bank of England began on Monday saying some British pension … Read more

Exclusive, India’s largest lender asks exporters to trade with Bangladesh in rupees and taka

NEW DELHI (Reuters) – State Bank of India is the largest lender (SBI.NS) It has asked exporters to avoid settling deals with Bangladesh in dollars and other major currencies as it seeks to limit exposure to Dhaka’s declining reserves, according to an internal document and a source. Bangladesh’s $416 billion economy is grappling with rising … Read more