Latest News on Federal Reserve Bank
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Federal Reserve Bank - Total results - 18
Feb 02, 2018
Arun Jaitley needs to consider all sides of the story before dismissing cryptocurrencies in IndiaIt is important to highlight the importance of decentralisation in the world of blockchain and how cryptocurrencies are a result of that.
Oct 13, 2017
SWIFT official reveals that hackers continue to target its bank messaging systemSWIFT, a Belgium-based co-operative owned by its user banks, has declined comment on the case, saying it does not discuss individual entities.
Apr 04, 2017
Kaspersky releases more evidence that North Korea was linked to Bangladesh SWIFT hackCyber security firm Kaspersky Lab on Monday said it had obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year's $81 million cyber heist.
Dec 14, 2016
Philippines bank RCBC says that it did nothing wrong, Bangladesh Bank responsible for the cyber heistThe Philippines bank through which $81 million stolen from Bangladesh's central bank was channelled in February said on Tuesday that the central bank was responsible for the heist, and so any liability should not be passed on.
Nov 09, 2016
Narendra Modi’s decision to curb fake currency inflow was a calculated strategyIn yet another ‘surgical strike,’ Prime Minister Narendra Modi on Tuesday evening announced that Indian currency in the denominations of Rs 500 and Rs 1,000 would cease to be legal tender from the midnight of 8 November.
Jun 27, 2016
Bangladesh Central Bank ends FireEye’s investigation contract into cyber heistBangladesh's central bank has ended a contract with U.S.A's FireEye to investigate online theft of $81 million, refusing a proposal to extend the agreement
Mar 15, 2016
Bangladesh central bank governor Atiur Rahman steps down after hackers steal $81 millionHackers stole $81 mn from an account that Bangladesh held with the Federal Reserve Bank of New York and transferred the cash to accounts in the Philippines.
Mar 11, 2016
Bangladesh central bank working to recover &100 mn from US accountThe Bangladesh central bank says it is working to recover some $100 million it lost from an account at the Federal Reserve Bank of New York.
Jan 27, 2014
India's 'strong' fundamentals will reduce rupee worry: MayaramThe Indian rupee fell to as low as 62.90 to the dollar on Monday, its lowest since Nov. 22, as emerging markets remained under pressure on fears about an economic slowdown in China and uncertainty about monetary stimulus tapering by the U.S. Federal Reserve.
Jan 17, 2014
How deflation can spoil the global stock market rallyOnce countries get into what is known as a deflationary spiral, it is very difficult for them to get out. Japan is an excellent example of the same. The country has been trying to come out of a low inflation/deflation kind of scenario for close to two decades now, without much success.