Brazil and Chile intervened this week to defend their currencies

Two Latin American central banks intervened this week to defend their currencies, which had sunk to record lows against the dollar as a continent-wide spread of economic instability and social unrest.

On Thursday, the Chilean central bank said it would sell as much as $20 billion in mon...

India's booming stock market is likely to be slowed by 2020

The BSE Sensex index was projected to increase another 6.7 per cent to 43,645 points from Monday's closing of 40,889 points by the end of next year. Over the past two months, it has achieved over 13 per cent and set record highs continuously after several measures were declared by the Indian ...