In testimony that combined a steady-as-she-goes account of Fed policy with an acknowledgement of intensifying risks, Yellen said there are good reasons to believe the United States will stay on a path of moderate growth that will allow the Fed to pursue "gradual" adjustments to monetary policy.
On Monday, the rupee closed at 67.93 versus a dollar while its exchange rate jumped from Rs17.96 on January 1 to Rs18.49 against the UAE dirham. The rupee opened this year at 66.17 against the greenback.
The board reviewed latest developments relating to the amendment of the Central Bank's law.
IBPC president hopes $75b infrastructure fund can be available in '16.
The Fed has not only become dependent on domestic matters, but they have also tuned their station to offshore market volatility, which is evoked due their decree of a rate hike.
The average US taxpayer is $158,836 in debt.
Thursday's update comes as Shell is slashing thousands of jobs, selling assets worth billions of dollars and exiting projects as oil prices tumble on world markets.
China's economy grew 6.9 per cent last year, its slowest expansion in 25 years
The Municipality is offering tens of job opportunities for qualified Emirati job seekers.
UAE's leaders took part in the retreat discussions - at Dubai's Bab Al Shams Resort - that aim to develop a comprehensive national programme for a diverse and sustainable economy.
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