Searched for
CENTRAL BANKS
RBI intervention blunts oil surge, shores up rupeeThe Reserve Bank of India intervened by selling dollars to prevent the rupee from reaching a record low. Surging oil prices and declining s...
Rupee ends nearly flat as central bank intervention blunts oil strainOn Thursday, the Indian rupee hovered close to a two-month low, influenced by potential intervention from the central bank to counteract ri...
Global Market: ECB seen holding rates steady while keeping September hike option openThe European Central Bank is expected to maintain current interest rates at its upcoming policy meeting. Policymakers will likely signal th...
RBI likely used dollar deposit surge to cut record FX forward book, economists sayReserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...
Why are central banks buying more gold? Here's what it means for the global economyCentral Banks and Gold: Central banks globally are buying gold at a record pace. This trend is driven by geopolitical risks and inflation c...
Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...
Euro zone bond yields tick higher as oil remains elevated; eyes on ECBEuro zone government bond yields are rising as oil prices remain elevated. This situation threatens inflation outlook and supports tighter ...
RBI settles for less in Rs 30,000-cr bond switchThe Reserve Bank of India accepted less than half of its notified amount. This occurred during a switch auction held on Monday. Traders ind...
Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rushBanks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...
Global Market Today: Asian shares hesitant as oil climbs, earnings loomAsian markets showed hesitation as oil prices climbed due to escalating Gulf conflict. This surge revived inflation worries, influencing Fe...
Global Market: Euro zone current account surplus widens in May; market impact likely limitedThe euro zone's current account surplus increased in May, driven by stronger primary income. This rise offset a narrower trade surplus, acc...
Central Bank of India Q1 results: Profit rises 13% to Rs 1,324 crCentral Bank of India announced a thirteen percent net profit increase for the June quarter. Total income rose to Rs 10,678 crore, and inte...
Global Market: ECB weighs inflation risks, digital Euro progress at July meetingAccording to Reuters, policymakers are widely expected to keep the ECB's key interest rate unchanged at 2.25%, following June's surprise ra...
Global Market: Japan reaffirms BOJ independence in economic blueprint after market jittersJapan's government reaffirms the Bank of Japan's independent role in monetary policy decisions. This clarification addresses market concern...
JGBs hold steady as investors weigh inflation, central bank signalsJapanese government bond yields showed mixed movements on Friday. The benchmark ten-year yield increased, while the twenty-year yield sligh...
Rupee slips 5 paise on safe-haven dollar demandThe Indian rupee closed marginally weaker at 96.26 against the US dollar on Wednesday. Safe haven dollar demand kept the rupee on a weaker ...
India, UAE central banks said to hold talks on FX deposit issuesIndia and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...