There's evidence major central banks diversifying away from USD: Credit Suisse

Jan 19, 2023

At present, the US dollar represents slightly more than 60 per cent of global foreign exchange reserves at central banks, compared to more than...

Interest rates nearing peaks but major central banks will delay monetary policy easing: Report

Jan 27, 2023

The global financial market information and analytics services provider expects the policy rates to remain in place throughout 2023 in order to dampen overall...

Outlook 2023: Equity investors need to take calibrated calls as headwinds persist

Dec 30, 2022

Some of the major concerns facing the equity markets are tightening monetary policy by various central banks to contain inflation, recessionary fears and high...

Major Australian banks report incidents of online banking failures

Jun 17, 2021

Canberra [Australia], June 17 (ANI/Sputnik): Several Australian major banks on Thursday reported operation issues in online applications, and the reason behind the matter is...

Climate finance by major multilateral banks rose 24 pc in 2021

Oct 15, 2022

New Delhi [India], October 15 : Climate finance committed by major multilateral development banks rose by more than 24 per cent in 2021 compared...

EXPLAINED: Why central banks, including the RBI, raising lending rates aggressively?

Jul 04, 2022

New Delhi [India], July 4 : Countries across the world have been grappling with unprecedented levels of inflation. In the US, the inflation rate...