India is likely to back greater use of central bank digital currencies for bilateral trade settlements while stopping short of a unified Brics payments system that could be seen as challenge to dollar
The Dutch central bank announced on Wednesday that it has moved billions of dollars worth of its gold reserves out of North America in a move it described as "crisis preparedness" in a time of global political unrest. It said that between March and August, some 86 metric tons (94.8 tons) of gold were transferred to London from the combined total of around 313 metric tons (345 tons) held in New York and Ottawa, Canada. Before the move, New York housed 31.3 per cent of the Dutch gold, and Ottawa held 19.7 per cent. After the move, both cities now hold 18.5 per cent, the bank said. The bank owns 612.4 metric tons (675 tons) of gold that was worth 72.2 billion euros (about USD 83.6 billion) at the end of 2025. "With this relocation, we have improved the tradability of our gold reserves," the bank's governor, Olaf Sleijpen, said in a written statement. "We expect that we will never need to use them, but we do need to strengthen our resilience and preparedness." More than 27 metric tons
Asian central banks are seeking new ways to support weak currencies and preserve forex reserves as West Asia tensions, oil risks and high US rates weigh on markets
In the very short-term, silver can test the resistance around $61, with interim resistance at $59.45. Support is seen at $576.75/$54, while resistance is at $61.
An OMFIF survey found more central banks intend to reduce US dollar reserves than increase them over the next decade, while gold continues to gain prominence in reserve management
BofA's Candace Browning sees inflation, central bank policy, AI, and India's market outlook as the key forces shaping global investments
RBI reshuffles responsibilities among its four deputy governors after Rohit Jain assumes charge, assigning key roles across supervision, policy, markets, regulation, and technology
Share markets plunged and the safe-haven US dollar rose in Asia on Monday as oil surged past $110 a barrel, stoking fears of a protracted West Asia war on global energy supplies
Central banks, WGC said, added a net 15 tonnes to global gold reserves in August, based on reported data from both the IMF and respective central banks.
Gold hits fresh global and domestic records on Asia-led demand, weak rupee, and China's bullion push; markets eye Fed rate cuts as prices rally over 15% this month
A new world economic order is emerging as a result of US tariff decisions, prompting central banks to consider options to handle the situation
With apps like Robinhood easing investing, Millennials and Gen Z reject private banks offering unlisted unicorns to their wealthy parents but not to actual users of these startups' services
The approach to managing liquidity and communication policy is yet another manifestation of how the central bank has taken a fresh view on the issue
Bankers said credit growth is expected to be sluggish in FY26 owing to weaker demand across unsecured loans, mortgages
The yield spread between 10-year state bonds and the benchmark 10-year government bond stood at 29 basis points
Loans linked to policy repo rate to fall
Currently, Indian household gold reserves stand at 25,000 tonnes
The floor price for the QIP was set at ₹42.62 per share which was a discount of 9 per cent from Monday's closing at Rs 46.85 per share on BSE
As a central bank, he said the RBI is mindful of its role in addressing and mitigating risks to the financial system from climate change
The latest numbers from the RBI show it added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025