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Intervention Currency

‘Incompetent’ Sturgeon not ready for Indyref2, warns ex-SNP MP

by on February 12, 2022 0
‘Incompetent’ Sturgeon not ready for Indyref2, warns ex-SNP MP NICOLA Sturgeon is hopelessly ‘ill-prepared’ for an independence referendum and should not even try to hold one next year, a former SNP deputy leader has claimed. Jim Sillars said “illusion” dominated the SNP-Green administration and its shortcomings had left the Yes movement without the materials... Read More
Intervention Currency

Inflation projections compared to international crude oil prices, says Shaktikanta Das

by on February 10, 2022 0
RBI Monetary Policy Live Updates: The Reserve Bank of India (RBI) on Thursday kept the benchmark repo interest rate unchanged at 4% while deciding to maintain its dovish stance amid high inflation. This is the tenth consecutive time that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained the status... Read More
Intervention Currency

A disrupted global recovery | MENAFN.COM

by on February 2, 2022 0
(MENAFN-Caribbean News Global) By Gita Gopinath The continued global recovery faces multiple challenges as the pandemic enters its third year. The rapid spread of the Omicron variant led to further mobility restrictions in many countries and increased labor shortages. Supply disruptions are still weighing on activity and contributing to higher inflation, adding to pressures... Read More
Intervention Currency

Emerging economies “must prepare for Fed tightening and threats to global recovery”

by on January 10, 2022 0
The resurgence of the pandemic and the faster tightening of the US Federal Reserve pose risks to the global recovery and emerging economies should brace themselves for episodes of economic turmoil, according to the International Monetary Fund. In addition to the endemic variant of Omicron, pressures from the supply side and the Fed’s decision... Read More
Gross Output

Risks to growth require a “light” policy on inflation

by on January 5, 2022 0
The global economic shutdown we experienced in mid-2020 was unique in recent history for its ability to disrupt the flow of goods, services and labor around the world. Since then, regionalised shutdowns in response to the resurgence of Covid-19 infections have been implemented periodically, often with very little warning. Global supply chains have been... Read More
Intervention Currency

The buzz surrounding the inclusion of Indian bonds in global indices is increasing; the net impact may be limited

by on January 3, 2022 0
One month away from the 2022-2023 Union budget, the noise around the inclusion of India’s sovereign bonds in global bond indices is intensifying. India is among the last of the major emerging markets (EM) to be included in global bond indices. With the second highest stock of government securities in circulation totaling $ 2.3... Read More
Intervention Currency

Monetary policy can help economic recovery | Business

by on December 12, 2021 0
Emerging Markets The tools of monetary policy can be classified into interest rate policy, reserve policy, lending operations, asset purchase programs and foreign exchange intervention. The central objective of central bank monetary policy in emerging markets is to ease financial conditions to allow credit to reach struggling firms, rather than boost aggregate demand. Without... Read More
Intervention Currency

Nigerian currency in circulation hits a record high of 2.97 trillion naira for October 2021 – Nairametrics

by on December 1, 2021 0
Total currency in circulation in Nigeria reached a record high of 2.97 trillion naira in October 2021, data from the central bank’s monetary and credit statistics show. Currency in circulation is the total amount of physical cash represented in paper or coins used to conduct transactions in Nigeria. It also represents the money that... Read More
Intervention Currency

Latest Indonesia Investment Report Released – Introduction October 2021

by on November 8, 2021 0
In addition, the livelihoods of several million Indonesians depend – directly or indirectly – on industries or sectors considered to have a negative influence on the Earth’s environment or climate (such as energy , transport and agriculture). A key question is whether a meaningful transition to a greener economy can occur without jeopardizing the... Read More
Gross Output

October inflation in the US and China featured in the coming week

by on November 7, 2021 0
The cycle of major central bank meetings is over. Anglo-American central banks and Norway lead high-income countries in adjusting monetary policy. Meanwhile, the pandemic continues to cause scars and flare-ups are spreading economic and social disruption in some major countries, including China and Russia. Parts of Europe are experiencing another wave, including Ireland, the... Read More
Gross Output

EDITORIAL: The economy still faces headwinds

by on October 31, 2021 0
Taiwan’s GDP grew 3.8 percent annually in the third quarter of this year, the Budget, Accounting and Statistics Branch (DGBAS) said on Friday. Although lower than Bloomberg’s estimate of 4.3%, it exceeded the agency’s August projection of 3.31% growth. Growth in the last quarter moderated from an annual expansion of 7.43% in the second... Read More
Intervention Currency

Economists recommend additional support for MSMEs

by on October 7, 2021 0
Economists recommend additional support for MSMEs New Delhi, October 7 (KNN) According to key economists who worked on the FICCI Economic Outlook Survey, they felt that continued support remains particularly critical for MSMEs and the informal sector. Changing MSME classification standards for NPAs, reducing cash margins, changing personal collateral requirements will go a long... Read More
Intervention Currency

NChain article on ‘electronic reimbursement via retail CBDC’ offers new monetary policy tool

by on September 29, 2021 0
A recently published paper, authored by an nChain researcher, looks at a new monetary policy tool activated by a retail central bank digital currency (CBDC): sector-specific cash payments on private consumption spending . The paper examines how electronic cashback and different cashback rates can improve the economic toolkit as a way for central banks... Read More
Intervention Currency

Letters to the Editor – September 24, 2021

by on September 24, 2021 0
This is the news item “Honeywell to train 15,000 students in three years” (September 24). Ashish Gaikward, President Honeywell India’s proposal to train talented students in appropriate fields and technologies, is a welcome step. This idea has the potential to become a giant leap in the Nation Building task. Such initiatives by companies must... Read More
Intervention Currency

British Pound Sinks to New Multi-Week Lows Against Euro and Dollar as Global Pandemic Reaches Next Stage

by on July 20, 2021 0
– Global pandemic nervousness hits markets– British pound collapses on deteriorating sentiment– Subject to losses against EUR and USD– Haskel sinks expectations of rate hikes Above: Prime Minister Boris Johnson gives a press conference on Covid-19. Still courtesy of 10 Downing Street. Market rate at publication: GBP / EUR: 1.1593 | GBP / USD:... Read More
Intervention Currency

China quietly steps up market interventions

by on June 19, 2021 0
China is resorting to increasingly aggressive measures to contain risks to the financial system, measures that threaten to undermine President Xi Jinping’s commitment to give more freedom to markets. In recent weeks, authorities have ordered state-owned enterprises to reduce their exposure to commodities abroad, forced domestic banks to hold more foreign currency, considered a... Read More
Intervention Currency

Are our foreign exchange reserves sufficient?

by on June 18, 2021 0
The growing foreign exchange jackpot has created an abundance problem for the Reserve Bank of India. It attracts unwanted attention, as well as calls for the use of reserves to finance infrastructure spending, capitalize public banks and better management of assets on reserves. The RBI’s latest monthly bulletin attempted to bring the discussion to... Read More
Gross Output

Inflation in India, US key rate

by on June 13, 2021 0
Every Monday, Mint’s Plain Facts section features five key data posts to watch for during the week. Indian inflation figures for May will be released on Monday. The US Fed meeting and the interest rate decisions of Brazil and Japan will set the tone for global markets. Data on the production of Chinese factories... Read More
Intervention Currency

The Central Bank and Climate Change Mitigation, By Ehireme Uddin

by on June 9, 2021 0
Unlike advanced economies where central bank mandates are aimed at ensuring price stability, developing economies tend to have a broader mandate, including supporting the government’s economic policy agenda and its development efforts. Thus, they have more latitude to fight against climate change as it directly affects and interferes with their development efforts. As part... Read More
Intervention Currency

Middle East Newsletter: Turkish Lira at a Crossroads (TRY: USD)

by on June 6, 2021 0
Turkish President Recep Erdogan. Photographer: Murat Cetinmuhurdar / Agence Anadolu / Getty Images Latest news from Turkish President Recep Tayyip Erdogan the monetary policy intervention pushed the lira to new all-time lows against the US dollar, putting the currency on a dangerous path. Erdogan’s announcement that it is “imperative” that Turkey start cutting interest... Read More
Intervention Currency

World Bank Approves $ 500 Million Program to Strengthen MSME Performance in India

by on June 5, 2021 0
The 2021 World Economic Forum Jobs Reset Summit this week brought together more than 500 leaders from government, business and civil society to set a new agenda for growth, jobs, skills and development. equity. The action-oriented virtual event aimed to lay the foundations for a new economy, which offers opportunities for all. “The pandemic... Read More
Intervention Currency

Indian Foreign Currency Reserves Will Help Global Fallout From Tide, RBI Says

by on June 4, 2021 0
By all indications, India’s foreign exchange reserves have exceeded $ 600 billion, said central bank chief Shaktikanta Das, a huge buffer that will help protect Asia’s third-largest economy from global fallout and volatile external flows. Earlier this year, the country’s foreign exchange reserves briefly overtaken that of Russia to become the fourth The Reserve... Read More
Gross Output

CBN Funding Interventions Support GDP Figures

by on May 30, 2021 0
Godwin Emefiele, Governor of the CBN. … Ready to face stagflation By Emeka Anaeto, Business Writer The Central Bank of Nigeria, CBN, is expected to support positive developments in Nigerian economic growth amid threats of stagflation. CBN Governor Godwin Emefiele, who gave the hint at the last meeting of the umbrella bank’s Monetary Policy... Read More