Search For "central bank"
US stocks snap 4-week rally on talk federal reserve could have another big
Updated : 3 years, 7 months ago IST
New York [US], August 20 (ANI/Sputnik): Wall Street on Friday fell broadly for the first time in five weeks amid speculation that the Federal Reserve could embark on another major interest rate hike for September in a bid by the central bank to keep up with its fight against inflation.
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Gradual approach to bank privatisation would result in better outcomes: RB
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): The Reserve Bank of India (RBI) on Friday issued a clarification on a report related to privatisation of public sector banks, as published in August 2022 issue of the RBI Bulletin, saying it does not represent the central bank's views.
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US Fed issues guidance for banks considering crypto activities
Updated : 3 years, 7 months ago IST
Washington [US], August 17 (ANI): The US Federal Reserve Board has provided additional information for banking organizations engaging or seeking to engage in crypto-asset-related activities saying banks should notify the central bank prior to engaging in such assets.
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US defends withdrawal from Afghanistan, rules out release of USD 3.5 bn fr
Updated : 3 years, 7 months ago IST
Washington [US], August 16 (ANI): The US on Monday defended its position on withdrawal from Afghanistan after a 20-year-long military mission in the war-torn nation that ended nearly a year ago and also ruled out releasing USD 3.5 billion frozen Afghan funds to its central bank anytime soon.
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Gold -- a source of return on investments amid monetary policy tightening:
Updated : 3 years, 7 months ago IST
New Delhi [India], August 10 (ANI): Against the backdrop of monetary policy tightening by several central banks including the Reserve Bank of India, gold as an asset may offer investors a source of return on their investments and effective diversification of the portfolio, said World Gold Co
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CBI held bank manager for demanding bribe
Updated : 3 years, 7 months ago IST
New Delhi [India], August 8 (ANI): The Central Bureau of Investigation (CBI) held a branch manager of the Central Bank of India in Uttar Pradesh for allegedly demanding a bribe to allow the deceased's son to withdraw money from his father's account who died during COVID wave.
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Over USD 2.7 billion infrastructure projects in India, Asia listed on new
Updated : 3 years, 7 months ago IST
Singapore, August 8 (ANI): Last week, an infrastructure project online portal that connects government, developers, and financiers was launched by Infrastructure Asia, a platform set up by Enterprise Singapore and Singapore's Central Bank, the Monetary Authority of Singapore (MAS).
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RBI Governor says, 50 bps rate hike is the new normal across the world
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.
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Russian central bank predicts return of Russian Economy to growth in mid-2
Updated : 3 years, 7 months ago IST
Moscow [Russia], August 1 (ANI/Sputnik): The Russian economy will shrink year-on-year until mid-2023, and from the middle of next year and in 2024 it will grow at a recovery pace, according to the central bank's report on monetary policy.
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US holds talks with Taliban on Afghan bank reserves
Updated : 3 years, 7 months ago IST
Washington [US], July 29 (ANI): A US special envoy met with senior Taliban representatives in Tashkent, Uzbekistan and discussed the issue of Afghan central bank reserves.
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US sanctions hindering Afghanistan's progress: Taliban
Updated : 3 years, 7 months ago IST
Kabul [Afghanistan], July 27 (ANI): Taliban's acting Foreign Minister Amir Khan Muttaqi said that the US-imposed sanctions have hindered the progress of the country and asked the United States government to release Afghanistan's Central Bank assets.
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Recession risk looms on some Asian economies, Sri Lanka's downturn likely
Updated : 3 years, 7 months ago IST
New York [US], July 25 (ANI): Some Asian economies face the risk of recession as rising prices have prompted central banks to increase interest rates, according to a Bloomberg survey released this month.
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