Search For "central bank"
US Federal Reserve raises interest rates by 50 basis points
Updated : 3 years, 3 months ago IST
The Federal Open Market Committee of the Federal Reserve said the new interest rates was approved unanimously. The central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years.
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We value the G20 presidency of India, says G20 Deputy of France
Updated : 3 years, 3 months ago IST
The First G20 Finance and Central Bank Deputies Meeting, under the Indian Presidency, was held in Bengaluru, Karnataka, during December 13-14, Finance Ministry said in a press statement. The meeting saw an enthusiastic gathering of over 160 foreign delegates including Deputies from G20 membe
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India hosts first G20 finance and central bank deputies meet in Bengaluru
Updated : 3 years, 3 months ago IST
The meeting saw an enthusiastic gathering of over 160 foreign delegates including Deputies from G20 member countries, invitee countries, and International Organisations.
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ADB trims economic growth forecast for developing Asia
Updated : 3 years, 3 months ago IST
The developing Asia's economy will grow 4.2 per cent this year and 4.6 per cent next year, according to Asian Development Outlook (ADO) 2022, released on Wednesday. ADB estimated in September that the economy would grow 4.3 per cent in 2022 and 4.9 per cent in 2023. Growth in China, which is
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Will CBDC (Central Bank Digital Currency) help India to achieve five trill
Updated : 3 years, 3 months ago IST
New Delhi [India], December 13 (ANI/PNN): India's quest to eradicate black money has been a long one considering the prominence of cash over digital currency and the gigantic population which previously believed in stashing cash under their mattresses. Will the advent of Central Bank Digital
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Central bank deputies discuss globally-coordinated approach to unbacked cr
Updated : 3 years, 3 months ago IST
The Ministry of Finance and the Reserve Bank of India jointly hosted the three-day gathering, with discussions on the "Finance Track" agenda under India's G20 Presidency. Day 1 saw different sessions on global economy, international financial architecture, infrastructure and sustainable fina
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Bringing efficiency in cross-border payments among motivations behind whol
Updated : 3 years, 3 months ago IST
Bringing efficiency in cross-border payments is another important motivation for introducing Central Bank Digital Currency in the wholesale segment.
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Finance and Central Bank Deputies meeting under India's G20 Presidency to
Updated : 3 years, 3 months ago IST
The first Finance and Central Bank Deputies (FCBD) meeting under India's G20 Presidency is scheduled to be held in Bengaluru during December 13-15.
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First G20 Finance, Central Bank Deputies meeting in Bengaluru will focus o
Updated : 3 years, 3 months ago IST
The first G20 Finance and Central Bank Deputies (FCBD) meeting is scheduled to be held during 13-15 December 2022 in Bengaluru. This meeting, which will mark the start of discussions on the Finance Track agenda under the Indian G20 Presidency, will be hosted jointly by the Ministry of Financ
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Talks on Finance Track agenda under Indian G20 Presidency to commence from
Updated : 3 years, 3 months ago IST
The G20 Finance Track, led by Finance Ministers and Central Bank Governors of G20 countries, focuses on economic and financial issues. It provides an effective forum for global economic discourse and policy coordination. The First Finance Ministers and Central Bank Governors Meeting will be
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Bengaluru will host first meeting of the G20 Finance Track under India's G
Updated : 3 years, 3 months ago IST
Bengaluru is all set to host the first meeting of the G20 Finance Track under India's G20 Presidency. First G20 Finance and Central Bank Deputies Meeting are scheduled to be held in Bengaluru on December 13-15 2022, said Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Fi
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State Bank of Pakistan's foreign exchange reserves fall to four-year low o
Updated : 3 years, 3 months ago IST
The central bank data noted that the State Bank of Pakistan's reserves were recorded below this level during the week that ended on January 18, 2019,
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