The interest rate banks charge one another for loans rose by the most since August on Sunday, extending a trend that’s slowing earnings and corporate borrowing in the world’s biggest oil exporter. The increase is defying the central bank, which has sought to ease the cash crunch by relaxing lending limits, offering new borrowing facilities and injecting funds into the financial system, including 20 billion riyals ($5.3 billion) pledged Sept. 25.
Macro Afternoon
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Guarded optimism across Asian stock markets as risk absorbs another weekend
of macro volatility and shifts in interest rate speculation as the ECB
possib...
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