central bank

The real repo rate, which is adjusted for inflation, should not exceed 1.5% in India, as an uncertain international environment and other risks pose hurdles for the economy, Ashima Goyal, an external member of the Monetary Policy Committee,…

Last Updated: June 15, 2023, 00:16 ISTWashington D.C., United States of America (USA)Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, March 22, 2023, in Washington. (AP File…

Last Updated: June 15, 2023, 00:27 ISTWashington D.C., United States of America (USA)Near 1825 GMT, the Dow Jones Industrial Average fell 1.3 percent, while the Nasdaq lost 0.8 percent.The US central bank, as expected, opted to hold its…

Last Updated: June 17, 2023, 00:33 ISTLondon, United Kingdom (UK)On Wall Street, the Dow Jones Industrial Average rose 74.92 points, or 0.22%, to 34,482.98, the S&P 500 gained 11.92 points, or 0.27%, to 4,437.76 and the Nasdaq Composite…

Last Updated: June 17, 2023, 00:37 ISTNew York, United States of America (USA)Aside from Gold, Silver gained 1% to $24.10 per ounce, while platinum fell 0.3% to $982.62, both down for the week. (Reuters File Photo)Spot gold edged up 0.1% to…

Last Updated: June 09, 2023, 01:48 ISTNew York, United States of America (USA)Spot gold rose 1.2% to $1,962.49 per ounce by 01:42 p.m. EDT (1742 GMT). U.S. gold futures settled up 1% at $1,978.60. (Reuters File Photo) Spot gold rose 1.2% to…

The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed as consolidating ahead of key inflation data and the Federal Reserve’s interest rate…

Last Updated: June 08, 2023, 04:35 ISTNew York, United States of America (USA)The dollar gained 0.31% to 140.10 yen, while the euro rose 0.11% against the U.S. currency to $1.0703. The dollar index was little changed on the day at 104.07.…

Last Updated: June 07, 2023, 01:05 ISTNew York, United States of America (USA)U.S. gold futures settled up 0.4% at $1,981.50. The dollar index and benchmark 10-year Treasury yields ticked up, making dollar-priced, zero-yielding bullion less…

Street hawkers open up their business for the day at a market place in Colombo, Sri Lanka. File (representational image) | Photo Credit: AP On June 1, Sri Lanka’s Central Bank slashed the policy interest rates by 250 basis points, the…