RBI most popular among central banks on Twitter; followers more than double to 7.5 lakh since March 2019
The Reserve Bank of India is not the most powerful in terms of monetary fire power like its peers in the US and Europe but when it comes to popularity, the monetary authority is the most followed on Twitter
Dollar scales record levels at 3-year peak; global rampage spurs FX interventions, speculation of big G7 move
The dollar’s brutal ascent—up 6.5 percent this month against a basket of peers—has sent almost every other currency reeling.
Banks spent last decade pulling out their economies from 2008 financial crisis, might spend next decade dealing with climate change.
The US-China tariff war has hurt global supply chains and manufacturing activity, slowing growth in export-reliant Asian economies
Gold hovers near five-week lows as firm dollar, optimism over likely US-China trade deal dent appeal
Spot gold was up 0.2 percent to $1,288.46 per ounce, after slipping to $1,282.50 in the previous session, its lowest since 25 January.
Paul Krugman warns of global recession by year-end, says absence of effective response during slowdown main concern
Speaking at the World Government Summit in Dubai, Paul Krugman said it was unlikely that just "one big thing" would prompt an economic downturn.
RBI vs govt: At 19 November board meet, S Gurumurthy’s economic theories and other pain points await Urjit Patel
Gurumurthy’s recent comments had challenged the central bank on multiple issues and some of his economic theories had surprised many.
The world's biggest central banks have told regulators that banks must tighten security around their SWIFT messaging systems following the theft of $81 million from Bangladesh's central bank in February.
The world's major central banks, stung by this year's $81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network of cross-border banking from cyber attacks, according to two sources with knowledge of the matter.
autioning against expecting too much from central banks, RBI Governor Raghuram Rajan has said it is wrong on their part also to always claim a 'bazooka' left up their sleeves, even as he asserted that life is "very difficult" in emerging markets.
The central banks of Indonesia and South Korea have been hit by cyber attacks on their public websites since activist hacking group Anonymous pledged last month to target banks across the world, senior officials in the two countries told Reuters.
The RBI governor was addressing the 'Perspectives' conference organised by AQR Asset Management Institute at the LBS campus on the subject of 'The Central Banker Perspective'.
The Swiss National Banks' decision to abandon the euro exchange rate ceiling last week shows the limits to central bank power in turning the tide against deflation, It is time for fiscal policy to step in.
It is very important to measure the inflation number correctly. But is that really happening in the United States?
Despite its non-effectiveness, central banks still have faith in monetary policy, as it has been practised over the years. And this might lead to monetary policy totally collapsing in the years to come.
The US and Europe have a keen interest on keeping gold down. So, despite the fall of gold, this is not the time to write off the metal
Never mind about the correction in gold prices; the debasement of currency by central bankers is making the rise of alternative private money inevitable