Tag Archives: Central

Do central banks rebalance their currency shares?

Do central banks rebalance their currency shares? The answer matters because the dollar’s predominant role in large official reserve holdings means that widespread rebalancing requires central banks to buy (sell) a depreciating (appreciating) dollar, stabilising its value against other major currencies. We hypothesise that larger reserve holdings have led central banks to approach their investment more systematically and to make ... Read More »

After IIM bill, more central institutions could be granted autonomy: Javadekar

Giving autonomy to IIMs is a “milestone” Javadekar said adding that while government will continue to provide funds for the development of these institutes but “sans government controls” In picture, Union HRD Minister Prakash Javadekar (File Photo) RELATED STORIES UP Class 10 Boards 2017: Date sheet released, exams to begin from March 16 Quality of education remain a challenge, but ... Read More »

Central bank medicine becoming ‘poison’: Expert

In an effort to boost financial markets, global central banks have sapped their momentum even more, one market watcher contended Friday. The European Central Bank and Bank of Japan have cut benchmark interest rates to negative territory, leading to speculation that theFederal Reserve may consider doing the same. By considering negative interest rates, the Fed could strike more fear into ... Read More »