SUBSCRIBERS
Sweden cuts rates deeper into negative territory, steps up currency war
Published Thu, Feb 11, 2016 · 09:50 PM
Stockholm
SWEDEN's central bank cut its main interest rate deeper into negative territory on Thursday and said it was ready to do more to revive inflation, fuelling a currency war even as its economy booms and concerns over a housing bubble grow.
As policymakers battle to weaken their currencies against global rivals, the Riksbank…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Overcrowded Venice introduces first payment charge for tourists
South Korea readies new system to detect illegal short-selling
US births retreat after pandemic-era growth
Markets are embracing India’s Modi for what he won’t do
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah