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The rate setting panel of the central bank has cut the policy repo rate by 100 basis points (bps) to 5.5 per cent in quick ...
Over ₹3 crore was credited to the accused’s account, followed by transfers to various other accounts and cash withdrawals.
President Bola Tinubu and the Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, have rallied stakeholders as the ...
Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central ...
US President Donald Trump said Wednesday he had a handful of candidates potentially lined up to replace Federal Reserve Chair ...
The Federal Reserve is reviewing its bank regulations regarding Basel III endgame, supplemental leverage ratio, merger policy, stress tests Federal Reserve Chair Jerome Powell said on Wednesday. Note ...
The European Union's executive arm is planning to issue formal guidance proposing that stablecoins issued outside the bloc ...
BIS report finds stablecoins fail “three key tests” as money, raising financial risks and urging caution for monetary systems ...
Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.
"Turning back to yesterday's market moves, the key reason the market rallied so much was because lower oil prices (and hence ...
Eight top South Korean banks plan to launch a won-pegged stablecoin by 2026 to reduce dollar reliance and expand the country’s digital finance footprint.
Stablecoins are no substitute for money, says the Bank for International Settlements. The report cites major flaws in trust, ...