Search For "monetary"
EU proposes 18-billion-euro support package for Ukraine
Updated : 3 years, 4 months ago IST
This stable, regular and predictable financial assistance - averaging EUR1.5 billion per month - will help cover a significant part of Ukraine's short-term funding needs for 2023, which the Ukrainian authorities and the International Monetary Fund estimate at EUR3 to EUR4 billion per month.
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Currency in circulation declines in Diwali week for first time in 20 years
Updated : 3 years, 4 months ago IST
The report said, "In a remarkable development, for the first time in 20 years, currency in circulation declined during the Diwali week. The innovations in technology have changed the Indian payment system. Over the years, the Indian cash lead economy now has changed to smart-phone lead payme
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RBI could continue to intervene in forex markets if uncertainty on more ra
Updated : 3 years, 4 months ago IST
In this context, Gaurang Somaiya, forex and bullion analyst, MOFSL, said, "The central bank has accumulated these reserves to be utilised in these kinds of situations," and added that investors are on the edge at this point as there are a lot of moving parts which are impacting the market.
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Big Eyes Coin holds the future for crypto users by Besting Polkadot and Fl
Updated : 3 years, 4 months ago IST
New Delhi [India], November 7 (ANI/ATK): Cryptocurrencies have been a crucial area of cash since their start. With their broad assortment of limits beating traditional kinds of portions, it's everything except something intriguing to see individuals, associations, and nations expecting to br
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COP27: Getting back to Net Zero; IMF lists 3 key priorities for climate mi
Updated : 3 years, 4 months ago IST
This year's COp27 summit will be even more crucial in the backdrop of several extreme weather events -- typhoons in Bangladesh, unprecedented floods in Pakistan, heatwaves in Europe, wildfires in North America, dry rivers in China, and droughts in Africa.
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Indian markets gain; Sensex up 113 pts; Nifty up 64 pts
Updated : 3 years, 4 months ago IST
The volatility in the stock market on Friday was seen after the US Federal Reserve announced hike in the policy rates and thereafter by the Bank of England by 75 basis points.
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Bank of England raises bank rate, the highest in 30 years, to combat infla
Updated : 3 years, 4 months ago IST
The updated projections of the Monetary Policy Committee (MPC) of the Bank of England for activity and inflation described a very challenging outlook for the UK economy, as set out in the accompanying November Monetary Policy Report.
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RBI holds meeting to discuss, draft report on inflation mandate failure
Updated : 3 years, 4 months ago IST
The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be taken if the central bank fails to meet its inflation-targeting mandate.
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Singapore launches expanded initiative for cross-border usage of digital c
Updated : 3 years, 4 months ago IST
The enhanced initiative is named Ubin+, which will strengthen Singapore's capabilities to use digital currency-based infrastructure for cross-border transactions.
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Indian stocks decline after another policy rate hike in US
Updated : 3 years, 4 months ago IST
Among the Nifty 50 stocks, Tech Mahindra, Hindalco, Wipro, Coal India, and Infosys were the top five losers, declining in the range of 1-2 per cent each, National Stock Exchange data showed.
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US Fed further raises key interest rates in fight against inflation
Updated : 3 years, 4 months ago IST
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
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Indian stocks largely steady ahead of US Fed policy outcome
Updated : 3 years, 4 months ago IST
The Reserve Bank of India's additional and out-of-turn monetary policy meeting on Thursday will also be closely followed by investors.
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