Reserve Asset

The naira maintains its gain in the official market as the currency supply continues to decline

Friday 19 November 2021: The exchange rate between the naira and the US dollar closed at 414.4 N / $ 1, at the Investor and Exporter (I&E) desk, where the forex is officially traded. The naira gained further against the US dollar on Friday 19 November 2021 to close at …

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Pension plans should be integrated

Integration can translate into a superior outcome for retirees getty Suppose automobiles are marketed as pension plans. Then the chassis, engine and tires would be marketed by different companies and the buyer would have to assemble them. Yes, that would be absurdly inefficient, yet that is exactly the case with …

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Gold gained over $ 100 in November but has now entered a period of price consolidation

The rally began a day after the conclusion of the November FOMC meeting. They announced that they would start reducing their asset accumulation by $ 120 billion later in the month. They announced that they would have a monthly reduction totaling $ 15 billion and would continue the reduction until …

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How the Federal Reserve continues to fuel inflation

The inflationary tax that working families face under Biden’s presidency has many root causes. But one of the most important concerns an individual that most Americans have not heard of: Jerome Powell, chairman of the Federal Reserve Bank. While inflation has hit a 30-year high of 6.2%, more than three …

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TIAA prevents Roger Ferguson from joining Apollo Global Management

Posted on 11/15/2021 Apollo Global Management Inc. said Roger W. Ferguson, Jr., the former CEO of TIAA, was barred by his ex-employer TIAA from joining the company. On October 18, 2021, Apollo Global Management announced that Roger Ferguson has been appointed Vice President of Apollo. Ferguson was supposed to serve …

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Risks to the U.S. financial system are easing as the economy recovers

NEW YORK – Risks to the US financial system have eased considerably compared to the previous year, the Federal Reserve said on Monday. The central bank noted that as the economy recovers from the recession caused by the pandemic, the balance sheets of U.S. individuals and businesses continue to strengthen. …

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A natural hair care brand that uses traditional secrets and the health risks associated with a high waist-to-hip ratio

Have you ever wondered the secret to great hair? Bangalore based brand Secret Hair Care is here to share it with you. Co-founded by college mates Ashith Sashidhar and Divyashree J in 2018, Secret Hair Care was the answer to the demand for cleaner hair care products from today’s discerning …

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Unloved, gold offers a sparkling opportunity

Almost every investor claims they are the contrarian type, courageous, independent thinkers ready to fend off the crowds. And over 90% of motorists consider themselves to be above average drivers, an obvious statistical impossibility. Yet there is one cantankerous group that can rightly claim to be true individualists: the supporters …

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US Federal Reserve to Start Slashing Pandemic Stimulus Package – As Happened | Business

Failure to commit to a specific reduction schedule has given the Fed some flexibility to adjust the pace of purchases in 2022, allowing for an accelerated reduction if inflation turns out to be more rigid than expected, although the The adjustment can occur in either direction. “ “With the announcement …

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Latest COP26: Europe will invest 1 billion euros in clean technologies such as green hydrogen

British Prime Minister Boris Johnson at an Action on Forests and Land Use event on Tuesday following the leaders’ statement on deforestation © Getty Images The first day of COP26 in Glasgow brought a late wave of national and forestry commitments, and the second day promises further statements on a …

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