Search For "central bank"
US Fed's policy meet to be in focus this week: S&P Global Market Intel
Updated : 3 years, 7 months ago IST
New Delhi [India], July 25 (ANI): The US Fed's upcoming monetary policy meeting is set to dominate headlines this week with a 75-100-basis points interest rate hike likely. Inflation approaching double-digits has prompted the US central bank to take a tougher stance.
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Gold prices in India at multi-month low, trading below Rs 50,000
Updated : 3 years, 7 months ago IST
New Delhi [India], July 22 (ANI): Strong likelihood of a sharp rise in interest rates by the US Fed and other central banks to rein in the red-hot inflation has melted international gold prices to a nearly one-year low. In India too, the prices of the yellow metal in physical markets fell to
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RBI working on phased implementation of digital currency
Updated : 3 years, 8 months ago IST
New Delhi [India], July 20 (ANI): The Reserve Bank of India (RBI) is working on a phased implementation of the Central Bank Digital Currency (CBDC) in both wholesale and retail segments, Ajay Kumar Choudhary, Executive Director, RBI, said on Wednesday.
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Iran launches trading in rial-Russian ruble to boost ties with Russia
Updated : 3 years, 8 months ago IST
Tehran [Iran], July 19 (ANI/Xinhua): Iran on Tuesday launched the Iranian rial-Russian ruble trading in its foreign exchange market, in an important step to boost economic ties with Russia.
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Bangladesh withdraws interest rate ceiling for NFCD accounts to boost fore
Updated : 3 years, 8 months ago IST
Dhaka [Bangladesh], July 18 (ANI): The central bank of Bangladesh on Sunday withdrew the interest rate ceiling on non-resident foreign currency deposits (NFCDs) in a bid to boost shrinking forex reserves.
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IMF director describes Sri Lanka as 'warning sign' for countries with high
Updated : 3 years, 8 months ago IST
Bali [Indonesia], July 17 (ANI): Highlighting the ongoing political turmoil in Sri Lanka, International Monetary Fund Managing Director Kristalina Georgieva on Saturday warned countries with high debt levels to take lessons from Sri Lanka and said that it is a warning sign for nations with l
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At Bali meet, FM Sitharaman underlines need to improve effectiveness of G2
Updated : 3 years, 8 months ago IST
Bali [Indonesia], July 15 (ANI): Finance Minister Nirmala Sitharaman on Friday underlined the need to improve the effectiveness of the G20 Common Framework.
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Sri Lanka's Central bank warns public on possible risks in crypto trade
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 14 (ANI): The Central Bank of Sri Lanka has put out a warning of the possible exposure to significant financial, operational, legal, and security-related risks posed by investments in virtual currencies, essentially cryptocurrencies, while asking them not to fall pr
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ECB warns crypto markets pose financial stability risks
Updated : 3 years, 8 months ago IST
Frankfurt [Germany], July 12 (ANI): The nature and scale of crypto markets are evolving rapidly, said the European Central Bank (ECB), adding that if the current trends continue, it will pose risks to financial stability.
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Financial Stability Board to propose crypto regulations
Updated : 3 years, 8 months ago IST
Basel [Switzerland], July 12 (ANI): The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, will report to the G20 finance ministers and central bank governors in October on regulatory and supervisory aspects of stableco
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Inflation may ease gradually in second half of 2022-23, says RBI Governor
Updated : 3 years, 8 months ago IST
New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the beginning of 2022, is likely to ease gradually in the second half of the current financial year, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday.
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Pakistan's central bank sends SOS to PM Sharif on country's dwindling fore
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 9 (ANI): As Pakistan's economy continues to remain in shambles, the country's central bank State Bank of Pakistan has given out an SOS call to Prime Minister Shehbaz Sharif-led government of its waning foreign exchange reserves and its negative impact on country's
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