Turkish lira skids to new low as Caucasus clashes weigh

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Turkish lira skids to new low as Caucasus clashes weigh

ISTANBUL (Reuters) – The Turkish lira weakened 1% against the dollar on Monday, after earlier spiking to a record low in light overnight trade, amid concern about the Azeri-Armenian conflict and despite central bank efforts to boost the currency with a rate …
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Coronavirus: MAS, banks said to be in talks to extend debt relief scheme

SINGAPORE (BLOOMBERG) – The Monetary Authority of Singapore (MAS) is in talks with lenders about extending the Republic’s debt moratorium programme beyond Dec 31 to provide extra relief for borrowers hit by the fallout from the coronavirus pandemic, …
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India's Central Bank Delays MPC Meeting as Posts Lie Vacant

The Reserve Bank of India rescheduled this week’s interest-rate meeting over the possible lack of a quorum in the Monetary Policy Committee. “The dates of the MPC’s meeting will be announced shortly,” the RBI said in a statement Monday, without giving …
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Undeterred by pandemic, Aldi keeps UK store expansion plan

LONDON (Reuters) – The British arm of German discount supermarket group Aldi said on Monday it would invest 1.3 billion pounds ($1.7 billion) over the next two years, sticking with its store opening plan despite the pandemic’s impact on shoppers’ …
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Delhi airport to resume flight operations at T2 terminal from October

The Delhi airport will resume flight operations at the T2 terminal from October 1, said its operator DIAL on Monday. The airport has been operating flights from the T3 terminal only since March 23, when flight operations in India were curtailed drastically due to …
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