RBI released WSS finds forex reserve at halt in falling reserve for 2 weeks
In the latest Weekly Statistical Supplement released by RBI, the forex reserve has experienced a halt in falling reserve for two weeks.
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RBI asks smaller banks to develop systems for digital currency pilot programme
Reserve Bank of India (RBI) is looking to expand the central bank digital currency (CBDC), or digital rupee pilot programme by involving smaller banks and increasing transactions.
Without improved fiscal policy, central banks will be unable to control inflation: Study
According to a study presented at Jackson Hole, the worsening of fiscal imbalances will result in considerably more inflationary pressure if monetary tightening is not accompanied by expectations of sufficient fiscal adjustments.
Sri Lanka Central Bank Governor quits amid National Emergency
The Governor of the Central Bank of Sri Lanka, Ajith Nivard Cabraal, on Monday resigned amid an unprecedented economic crisis in the island nation.
Russia’s central bank restricts any foreigners’ tender to sell Russian securities
The central bank was yet to concretely decide upon whether to open markets full-fledged; currently only forex and money market are operational. A document was released by the Russian central banks and sent to brokers, two financial executives of the Russian markets informed Reuters.
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