Tag: central
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Why are European banks moving gold out of United States?
The Netherlands and France have moved their gold out of US vaults. Part of the reason is fears about the reliability of the US, but equally important is the need to keep gold closer to home in the event of a crisis.
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Are interest rates on their way up again?
As countries grapple with energy costs pushing up inflation, this month will see how central banks respond.
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Why are European countries moving their gold out of North America?
The Netherlands has relocated 86 tonnes of the shiny stuff – what’s going on?
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Bond markets face fresh selling as oil prices jump, stocks cautious
LONDON, Aug 31 : Borrowing costs in the euro area and Japan hit their highest levels in years on Monday, as a 3 per cent jump in oil prices on the U.S. and Iran resuming military attacks added to angst about inflation that could keep central banks in rate-hike mode.World stocks were in a cautious…
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What next? Kurds say yes, Druze still say no to united Syria
The Druze minority in Sweida, Syria, is now the only group that hasn’t accepted central government authority. How does the end of an independent Kurdish area impact Druze plans for a different, divided kind of Syria?
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Fed has ‘work to do’ if price rises don’t ease for Americans, Warsh says
Kevin Warsh remarks suggest interest rates could be increased if policymakers think inflation is running too high.
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China removes ex-top general Zhang from Central Military Commission: State media
BEIJING: China on Friday (Aug 28) removed senior military officers Zhang Youxia and
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Exclusive-Sri Lanka central bank sees no need for further rate hikes this year, governor says
COLOMBO, Aug 11 – Sri Lanka’s central bank sees no need for more interest rate increases this year after its big, unexpected hike in May, with inflation expected to peak around current levels before easing back towards the 5 per cent target next year, Governor P. Nandalal Weerasinghe told Reuters on Tuesday.S
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Brazil central bank eyes expansion for Pix payment system as US trade scrutiny intensifies
BRASILIA, Aug 10 : Brazil’s central bank said on Monday it is assessing links between its popular instant payment system Pix and similar platforms abroad, in a more concrete push toward cross-border integration as the system comes under scrutiny from the U.S.In a report on Pix, which was recently cited by the
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Brazil tightens crypto transfers to curb fraud
SAO PAULO, Aug 7 : Brazil’s central bank said on Friday that some cryptocurrency transfers will have to be delayed by up to 24 hours under new anti-fraud rules.• The central bank said the move reflects the growing use of virtual assets, including stablecoins, to quickly move money obtained through financial
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