Browsing Tag
Central Bank
11 posts
BRICS: Central Banks Ditching US Dollar, Buying More Gold
The Central Banks of BRICS and other developing countries are on a gold-buying spree while simultaneously offloading the…
Currency: Foreign Countries Dump Euro From Their Reserves
The world’s second-biggest currency, the Euro declined by 1% in central bank reserves from developing countries. The latest…
Central Bank Predicts Gold Prices Could Begin to Decline
Gold prices hovered around the $2,340 mark on Wednesday and are up by nearly 14 points. It experienced…
4 Central Bank Events To Dictate US Dollar Prospects This Week
The US dollar remains steady ahead of four important events that will decide its prospects this week. The…
Gold Prices To Reach New Highs in 2024 as Central Banks Buy 387 Tonnes
World Gold Council reported that Central Banks around the globe purchased 387 tonnes of gold between January to…
BRICS: U.S. Dollar Usage Rises Despite Drop in Central Bank Reserves
The Central Banks of developing countries are accumulating gold to end their reliance on the U.S. dollar. The…
Visa to Share CBDC Expertise with Azerbaijan Central Bank
A visa executive recently revealed that the company is sharing its CBDC expertise with the Central Bank of…
Atlantic Fed official says he Broke Central Bank’s Trading Rules
Atlanta Fed President Raphael Bostic is admitting to breaking the central bank’s trading rules. He is the latest…
Reserve Bank of Australia announces 25 BPS rate hike
Central banks around the world continue to maintain a hawkish stance. Over the past few months, governments of…
Central Bank of Morocco Will Deploy a Crypto Regulation Bill Soon
The Central Bank of Morocco is currently working on a crypto regulation bill, according to the governor of…