In November, Sri Lanka's inflation rate dipped to 61%, down from 66 percent in October, the country's statistics office reported, as the economy showed signs of improvement.
The first pilot of RBI’s CBDC began on November 1, 2022. To many, it might seem like any other cryptocurrency. But it’s not. There are major differences between the two. Here’s demystifying RBI’s CBDC and other...
The Reserve Bank of India (RBI) has fixed the price for premature withdrawal of Sovereign Gold Bond (SGB) scheme 2016-17 (Series IV) at Rs. 5,077 or an annual return of about 11 per cent
Experts believe the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) would catapult the Indian rupee onto the global stage.
The IMF said Wednesday that recent tightening by many central banks around the world will prevent high inflation from becoming entrenched.
Current price hikes have been a severe blow, especially for the South Asian country's poor and vulnerable groups as they endure their country's worst economic crisis in memory.
The fintech world is on the cusp of a major transformation, with central bank digital currencies (CBDCs) occupying the central space.
With prices of cryptocurrencies falling, confidence is eroding and the crypto versus fiat debate may be taking a new turn.
Bank of Jamaica (BoJ) has legalised central bank digital currency (CBDC) in a move to deliver an alternative to its cash-based economy
Do not be worried about the daily volatility, and do not stop investing. Rather, stagger your investment and keep investing regularly. It will serve well in...
Bitcoin fell by 3.21 per cent, while Ethereum fell by 3.43 per cent in the last 24 hours
The increase in the repo by RBI will push up the cost for most of the personal loans, auto and home loans for customers as the new loans post-October 2019 are...
As the central bank has increased the repo rate, the interest rates on loans are set to rise. In such a scenario, would a ‘fixed rate’ loan be a good deal?...
Observing that inflation in India is somewhat elevated, he said that it is a little bit above the comfort zone for the Central Bank, which is already...
Asks banks and non-bank payment system operators to submit nodal officer's contact details by March 31 to facilitate geo-tagging service for digital payments
Biden administration officials said Germany, France, the UK, Italy, Japan, European Union and others will join the U.S. in targeting the Russian central bank
Under the plans, British people and businesses will be banned from making transactions with the Russian central bank, its finance ministry and its wealth fund.
The Central Bank also ordered a slew of measures to help the banks cope with the crisis by infusing more cash into the system and easing restrictions for...
A penalty of Rs 2 lakh has been imposed on Baramulla Central Co-operative Bank Limited, Jammu and Kashmir for violation of RBI directions prohibiting the...
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As per the Office for National Statistics the annual rate of inflation rose to 2.5% in June from 2.1% the previous month
