Sudipta cash trail may lead to Singapore, Bangkok

In the spot foreign exchange market the Reserve Bank of India was a net buyer of USD 820 million in March.

The FOMC has authorized temporary reciprocal currency arrangements (central bank liquidity swaps) with certain foreign central banks to help provide liquidity in U.S. dollars to overseas markets. These swaps involve two transactions. First, when the ...

All eyes, whether corporate, industries or foreign investors are on Reserve Bank of Indias next move, with hopes that the central bank will oblige this time to pull out the economy out of its slumber by providing much needed rate cut in its next monetary ...

The Reserve Bank of India Governor Duvvuri Subbarao said on Thursday there were no plans to retire foreign exchange forward contracts to meet liquidity shortfall. The central bank will consider bond

"The central bank has made this a precondition for at least two international banks - National Australian Bank and Westpac Banking Corp."

BRUSSELS: Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a similar agreement with Switzerland. It's a bad day for tax cheats, ...

The South African Reserve Bank said it's comfortable with its holdings of gold, which make up about 10 percent of foreign reserves. South Africa doesn't have plans to boost gold reserves because they already account for 10 percent of the total, ...

Australia's central bank says it will invest up to 5 percent of its foreign currency reserves in Chinese government bonds as economic and business ties between the two countries deepen.

President Vladimir Putin has given Russian officials a three-month deadline to close their foreign bank accounts or face dismissal.