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MUMBAI (Reuters) -The Indian central bank's measured approach to withdrawing banking system liquidity is likely to keep overnight interbank lending rates between the policy repo rate and the floor of the policy corridor, three analysts said on Friday, allowing some policy transmission. The Reserve Bank of India withdrew 1 trillion rupees ($11.7 billion) from the banking system on Friday through a seven-day variable rate reverse repo, rolling over an operation from last week, despite a rising li ...Read More >
DUBAI (Reuters) - The Syrian army and allied forces confronted an attack launched by forces affiliated with the Syrian Democratic Forces alliance on villages in the northern countryside of Deir Al Zor province on Tuesday, state news agency (SANA) reported. The SDF is a Kurdish-led alliance in north and east Syria which worked with the U.S.-led coalition against Islamic State. Spearheaded by the Kurdish People's Protection Units (YPG) and including Arab fighters, it holds a quarter of Syria, inc ...Read More >
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