Dollar slips as banks rescue makes room for relief rally https://ift.tt/lvIbkNf dollar slipped on Friday as risk sentiment improved after authorities and banks moved to ease stress on the financial system in major markets. This calmed the markets and allowed for the Aussie and kiwi to rise. The $30 billion rescue package put together by top power brokers from the U.S. Treasury, Federal Reserve, and banks followed Credit Suisse's announcement earlier on Thursday that it would borrow up to $54 billion from the Swiss National Bank. This implosion of U.S.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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