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August 12, 2024

S. Korea, Turkiye Extend Currency Swap Deal

South Korea and Turkiye have agreed to extend their currency swap deal by three years.

The Bank of Korea (BOK) said Monday that the three-year agreement, signed by the BOK and the Central Bank of the Republic of Turkiye, allows for the exchange of lo…

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Oil Continues to Rise, Holds On Last Week’s Gains

Oil prices rose for a fifth consecutive session on Monday, extending gains from last week’s more than 3% rise, as US recession fears eased while geopolitical tensions in the Middle East supported prices.

Brent crude futures climbed 22 cents, or 0.3%,…

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