You Searched For "central banks" and got 20 results
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1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
1 min read
Gold is getting so expensive that even China's central bank stopped buying
China's central bank did not add any gold to its reserves in May after 18 straight months of purcha…
Huileng Tan
2 mins read
Europe's central bank cuts interest rates for first time in 5 years
The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…
Theron Mohamed
2 mins read
Gold prices have another 29% upside as China's central bank continues its buying spree, famed economist says
China has purchased about 181 tonnes of gold over the past year, and is now the sixth-largest holde…
Matthew Fox
2 mins read
Sensex, Nifty hit all-time peaks after RBI's highest-ever dividend announcement
Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high l…
PTI
2 mins read
Some central banks have sold gold at record prices, cashing in on the global boom
Gold prices have hit fresh record highs amid macroeconomic and geopolitical uncertainties.
Huileng Tan
2 mins read
RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!
The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …
PTI
2 mins read
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
2 mins read
The US dollar has become so weaponized that central banks are snapping up politically-neutral gold
Gold is seen as a politically neutral, safe asset, insulated from sanctions. China has doubled down…
Huileng Tan
2 mins read
The stage is set for 2 rate cuts this year, but investors need to be careful adding more exposure to the stock market, JPMorgan strategy chief says
The data is pointing to two rate cuts this year, but stocks are in for a "significant correction," …
Jennifer Sor
1 min read
A contrarian stock market indicator is on the verge of flashing a 'buy' signal, Bank of America says
Bank of America's contrarian stock market indicator is just three percentage points away from flash…
Jennifer Sor
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
2 mins read
Stock market today: Stocks close at records as Powell strikes dovish tone and Tesla shares spike
The S&P 500 neared a new record high as stocks were propelled by dovish remarks from Jerome Powell,…
Filip De Mott
2 mins read
Stock market today: Indexes slip ahead of Powell comments and as traders look to jobs data
Fed Chairman Jerome Powell will speak Tuesday at a central bank forum, while investors await the la…
Filip De Mott
2 mins read
RBI announces auction sale of Govt. securities of ₹32,000 crore
The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs …
ANI
2 mins read
The US dollar is so strong that China's central bank, among others, just keeps loading up on gold
Not just China, but other central banks including Turkey and India are loading up on gold, amid a s…
Huileng Tan
1 min read
India is building up gold reserves says RBI governor Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Friday said India has been building up gold reserves as pa…
PTI
2 mins read
RBI Monetary Policy Meeting: Central Bank likely to keep rates steady
Reserve Bank of India Governor Shaktikanta Das will announce the outcome of the first Monetary Poli…
ANI
2 mins read
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
2 mins read
How a Saudi pullback from a landmark US deal would be bad news for dollar dominance
The Atlantic Council is speculated what could happen to the dollar if a long-standing accord with S…