Page 7 - Central Banks

Asian central banks build dollar war chests, prep for US Fed policy

India has built up foreign exchange reserves worth more than $600 billion, as its central bank cushions economy against any sudden outflows.

After firing Turkey's central bank chief, Erdogan also removes deputy

President Tayyip Erdogan removed a central bank deputy governor, Murat Cetinkaya, from his post on Tuesday

Official, private digital currencies can coexist, say IMF experts

The blog suggests a central bank digital currency may be designed to encourage the private sector to innovate on top of it

Why dividing central bankers into hawks and doves misses the big picture

Reducing central bankers to caricatures risks missing the big picture. These days, policy makers have to be more nimble

A $13-trillion crisis era debt bill comes due for big economies

G-7, emerging economies face biggest refinancings in a decade

Ultra-low interest rates to stay: A 2021 guide for global central banks

China, India, Russia and Mexico are among those predicted to cut their benchmarks even further. Only Argentina and Nigeria are forecast to raise rates

Gold prices likely to move up in 2021; stay invested for now, say analysts

Accommodative policies of the most central banks world over also meant money continued to flow to this asset class.

Goldilocks year awaits emerging markets defying Covid-19 pandemic rout

Underpinning the recovery is a resurgence in foreign-investor interest

7 central banks sketch out digital currency as China forges ahead

Look to catch up with China's 'trailblazing', Facebook's Libra

Covid-19 impact: Philippines seeks new $11 bn advance from central bank

The government plans to settle the debt on or before Dec. 29 at zero interest, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said in a mobile-phone message on Wednesday

The harm that orthodoxy does

The less the better, because once again that's not how governments or central banks can, or should, work. Indeed, they can't.

Best of BS Opinion: Beyond FCRA, raise demand via govt spending & more

Here's a selection of Business Standard opinion pieces for the day

Changes to Indonesia central bank law raise fears over independence

A panel of experts issued recommendations this week to revise the 1999 central bank Act to a Parliament panel.

Covid-19 bringing $1 trn of new global corporate debt in 2020: Report

The unprecedented increase will see total global corporate debt jump by 12% to around $9.3 trillion

Fundamentally sound stocks are available at inexpensive valuation: S Naren

"Investors have realised the trouble in the debt markets is not systemic and it has been business as usual for fund houses with good quality underlying debt paper," Naren said

Central banks have thrown trillions at Covid-19. What do they have left?

For central banks that already print money to buy assets, so-called helicopter drops could follow -- directly funding state spending with newly created money that's not offset by government IOU

Markets rise on stimulus hopes; Sensex up 1,628 pts, Nifty ends above 8,700

To avert a global recession, most central banks have announced measures worth trillion of dollars.

FinMin may cut interest rates on small savings schemes for April-June qtr

The govt last cut the small savings rates for the July-September 2019 quarter, except for one scheme

Letter to BS: Central banks have become uncertain post Trump, Coronavirus

Post-(Donald) Trump disruption and now Covid-19, monetary policy worldwide pivoted at the start of the year from tightening to easing

Climate change could cause the next financial meltdown, suggests report

The ECB is among central banks trying to prepare for what a report warns could be a "coming economic upheaval"