You Searched For "global reserve currency" and got 20 results
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2 mins read
Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA
The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…
2 mins read
Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade
The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…
PTI
2 mins read
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
3 mins read
Indian markets under pressure as global rate cuts stir uncertainty, new report says
Indian markets experienced volatility as global economic shifts and political developments impacted…
2 mins read
Potential Trump win could bolster dollar that could impact India, but RBI to stay focused on India’s needs: Barclays Report
This potential shift has raised concerns for some central banks in emerging markets across Asia, wh…
2 mins read
Rupee falls 17 paise to close at 83.60 against US dollar
The rupee depreciated 17 paise against the US dollar and settled at 83.60 (provisional) on Wednesda…
PTI
2 mins read
Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues
Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …
PTI
2 mins read
Rupee opens flat against US dollar in early trade
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …
PTI
2 mins read
In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
In September 2021, the country's forex kitty had reached a high of USD 642.453 billion, which w…
PTI
2 mins read
There's a 'stealth erosion' in global US dollar reserves, but there's no dominant replacement yet
The share of the US dollar in global forex reserves fell from over 70% in 2000 to about 55% in the …
Huileng Tan
2 mins read
FPIs pump Rs 33,700 crore in equities in September amid US rate cut, domestic market resilience
With this, FPIs investment in equities reached Rs 76,572 crore so far this year. Since June, FPIs h…
PTI
3 mins read
Not just Fed, but central banks of these countries also tinkered with rate cuts this week
The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…
2 mins read
Gold plunges ₹1,450 to ₹72,200, silver prices dive by ₹2,300
Declining for the second day in a row, gold prices tumbled by Rs 1,450 to Rs 72,200 per 10 grams in…
PTI
2 mins read
China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.
In a recent global survey of 1,660 enterprises, many respondents said their trading partners were u…
Huileng Tan
2 mins read
Rupee turns flat at 83.73 against US dollar in early trade
At the interbank currency exchange, the domestic currency opened at 83.74 and inched up to trad…
PTI
2 mins read
Rupee recovers 5 paise from all-time low to 83.65 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.66, and touched an early …
PTI
2 mins read
Vladimir Putin takes aim at the US dollar's dominant position as the world's reserve currency
"To use the dollar as a tool of foreign policy struggle is one of the biggest strategic mistakes ma…
Matthew Fox
3 mins read
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
3 mins read
Gold and some non-dollar currencies start to shine, but it's not all about de-dollarization
The US dollar is used in about 50% of all global payments and 84% of trade finance contracts — far …
Huileng Tan
2 mins read
Rupee trades in narrow range against US dollar in early trade
In Thursday's trading, the Indian rupee experienced a slight decline amid conflicting influences, i…