Search For "central banks"
Bull run in Gold will continue in 2025 over hedge against geo-political cr
Updated : 1 year, 2 months ago IST
The gold market remained upbeat throughout the year 2024, accumulating handsome gains for the yellow metal investors, and it is expected that the precious metal will shine going into the New Year.
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RBI Gov Das stresses on price stability as key to economic planning and gr
Updated : 1 year, 4 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday highlighted a crucial role of price stability as the foundation for sustained economic growth during his address at the "High-Level Policy Conference of Central Banks from the Global South.
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Dollar's share of global reserves declines, many countries see gold as a s
Updated : 1 year, 4 months ago IST
Central banks around the world could continue expanding their gold reserves amid ongoing geopolitical uncertainties, as highlighted in a recent report by Quantum Mutual Fund.
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Trump victory may lead to stronger dollar, but RBI's focus will remain on
Updated : 1 year, 4 months ago IST
A victory of Donald Trump in the upcoming US presidential elections could lead to a stronger US dollar says a report by Barclays.
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Gold soars to record Rs76,899 per 10 grams amid global tensions and Fed ra
Updated : 1 year, 5 months ago IST
Experts say the surge in gold prices came amid a confluence of factors, including major central banks' dovish outlooks, slightly lower bond yields, and heightened geopolitical tensions.
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Rate cut likely in December amid continued concerns on inflation and geo-p
Updated : 1 year, 5 months ago IST
Joshi said, "This signals circumspection, it also underscores the likelihood of a rate cut in December. The outsized US Federal Reserve rate cut of 50 basis points in September marked complete and a decisive turn in monetary policy among major central banks. Yet, for emerging market peers, d
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India's Digital Public Infrastructure experience provides effective strat
Updated : 1 year, 7 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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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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Global gold demand drops 6 pc in Q2 2024 due to slump in jewellery consump
Updated : 1 year, 7 months ago IST
The record-high gold prices took a significant toll on jewellery consumption. Volumes fell 19 per cent y/y to 391 tonnes, the lowest in four years.
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BRICS Bridge digital payment platform to boost trade between group's state
Updated : 1 year, 8 months ago IST
If this system is created, it may use digital currencies of the BRICS central banks, and their exchange rate will be tied to the value of national currencies.
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India to create a cross-border retail payment platform with four ASEAN cou
Updated : 1 year, 8 months ago IST
As per a statement from the Reserve Bank of India (RBI), an agreement was signed by the BIS and the central banks of the founding countries -- Bank Negara Malaysia (BNM), Bank of Thailand (BOT), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and the RBI on Sunday (
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Presidential elections influencing financial strategies, economic forecast
Updated : 1 year, 9 months ago IST
The main focus of the US economy has shifted to the 2024 presidential election, as central banks are cutting rates and politicians are spending more, creating optimism for the election year.
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