Global gold demand was up 3 per cent year-on-year at 1,238 tonne in the first quarter of 2024, marking the strongest first quarter since 2016, according to World Gold Council's Gold Demand Trends report.
Gross banks' assets in the country surpassed the AED4.2 trillion mark by the end February 2024, for the first time in its history, according to the latest statistics from the Central Bank of the United Arab Emirates (CBUAE).
However, there's a notable gap between approved FDI and actual net FDI inflows in Nepal, as revealed by the latest report unveiled by Nepal Rastra Bank, the central bank of Nepal, on "FDI in Nepal, 2021-22."
Al Hussaini emphasised the significance of the topics being discussed during the 2024 Spring Meetings, and their role in promoting dialogue among stakeholders.
The report underscores the significant role played by new incremental factors, particularly the surge in accumulation by Central Banks in emerging markets (EM) and increased retail buying in Asian markets including India have led to an increase in gold prices worldwide.
Despite expectations
entral banks the world over are likely to cut interest rates from June-July this year to bring real rates closer to the pre-Covid range, according to Morgan Stanley.
According to the statement, the 'prohibition' of online currency exchanges has been put in place under the Taliban's supervisory and security administration.
New Delhi [India], April 8: Physics Wallah (PW), India's leading ed-tech platform, is proud to announce the exceptional results of its students in the IBPS Result 2024 with over 1000 students qualifying for the exam, while Amit Kumar Mandal achieving the highest score in the IBPS PO. The IBP
This sudden and significant uptick in oil prices has sent reverberations throughout global financial markets, reigniting fears of inflationary pressures and prompting deep concerns among central bankers, policymakers, and investors alike.
India's consistent efforts to bolster its gold reserves reflect a strategy aimed at diversifying its foreign exchange reserves and mitigating risks associated with currency fluctuations and economic uncertainties.
The aggregate capital and reserves of banks operating in the United Arab Emirates (UAE) reached AED 500 billion at the end of January 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).
The country's largest public sector bank State Bank of India said the monetary policy statement of the RBI reflected India's high growth and low inflation. Reacting to the central bank maintaining the status quo in the repo rate, SBI Chairman Dinesh Khara said