Search For "central bank"
RBI will evaluate global commodity prices before deciding on rate cut: Yes
Updated : 1 year, 5 months ago IST
As the Reserve Bank of India's (RBI) ongoing meeting draws attention, experts widely believe that the central bank will not announce any changes to the repo rate during this session.
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Gold to reach new height at USD 2750 by year-end, and USD 2900 by Q3 of 20
Updated : 1 year, 5 months ago IST
UBS also predicts gold will climb to USD 2,850 per ounce by mid-2025 and USD 2,900 by the third quarter of 2025, further underscoring its bullish outlook on the metal. The rally in gold prices has been supported by declining US real interest rates, central bank purchases, and a seasonal reco
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CBUAE reviews latest developments in exchange businesses
Updated : 1 year, 5 months ago IST
Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), hosted a high-level roundtable with the Chairman and representatives of the Foreign Exchange and Remittance Group, to discuss updates and developments in the exchange business in the UAE, in the presence of the CBUAE As
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S&P Global Market Intelligence anticipates two US Fed rate cuts this y
Updated : 1 year, 6 months ago IST
American central bank US Federal Reserve will most likely cut key interest rates twice this year -- once this month and again in December, anticipates S&P Global Market Intelligence.
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India's Digital Public Infrastructure experience provides effective strat
Updated : 1 year, 6 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said that India's experience has provided an effective digitisation strategy for other central banks.
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Domestic gold prices surge 10% amid global price rally, central bank buyin
Updated : 1 year, 6 months ago IST
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the recently concluded India International Jewellery Show indicate a substantial increase in order bookings from retailers, particularly in preparation for the upcoming festive and wedding season.
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US Fed chief strongly signals rate cut in September, shifts focus from inf
Updated : 1 year, 6 months ago IST
US Federal Reserve Chair Jerome Powell gave a strong indication that it was time for the US central bank to reduce interest rates as inflation rates were aligning with its target.
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Markets globally await Fed chair Jerome Powell's Jackson Hole Symposium ad
Updated : 1 year, 6 months ago IST
The central bankers and markets around the globe will be eying the speech given by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Policy Symposium later today.
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PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Repo
Updated : 1 year, 6 months ago IST
Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, Shaktikanta Das for bagging an A+ grade rating in the Global Finance Central Banker Report Cards 2024.
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Shaktikanta Das rated A+ for 2nd consecutive year in Global Finance Centra
Updated : 1 year, 6 months ago IST
Grades are based on an "A+" to "F" scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. "A" represents an excellent performance, down through "F" for outright failure.
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Yellow metal places Uzbekistan at centre of economic activities
Updated : 1 year, 7 months ago IST
Last year, Uzbekistan produced 110.8 tonnes of gold, ranking it tenth globally. The country's central bank was the second-largest net seller of gold worldwide, selling around 25 tonnes, just behind Kazakhstan, according to the World Gold Council.
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CPI inflation down, but road ahead could be bumpy: SBI Report
Updated : 1 year, 7 months ago IST
The SBI's latest report highlights that the once-dominant "Follow the Fed" mantra appears to be waning, with an increasing number of central banks prioritizing domestic economic conditions over synchronizing with U.S. rate decisions, signalling a shift in global monetary policy dynamics.
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