Why gold besots RBI no more
Two consecutive quarters of low gold purchases by the Indian central bank hints it is cooling-off on gold of late
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The 'R' Club Dare to U.S. Dollar
The 'R' Club' led by rupee, renminbi, rouble, real, rand, riyal, rupiah & ringgit is posing serious threat to the greenback.
Dollar supremacy undermined as petrodollar ally joins Shanghai Cohort
How China is using diplomacy to dethrone the USD and establish Renminbi as global currency
Uday Kotak clarifies after calling U.S. dollar ‘biggest financial terrorist’
Kotak Mahindra Bank CEO says he meant a reserve currency has disproportionate power
Bangladesh joins Rupee cohort, sign deals to settle trade in rupees
The BIS Triennial Central Bank Survey of 2022 reports that only 1.62% of global transactions are settled in Indian rupee
Multi-polar monetary system to challenge US dollar dominance: Credit Suisse
The report notes that the current monetary system has repeatedly been criticised by senior policy makers, due to the stresses created outside the United States from major shifts in US monetary policy.
What's Behind Central Banks' Gold Rush?
Central Banks globally have accumulated gold reserves this year at a pace not seen since 1967.
Rupee may stage a comeback in second half of 2023: Shinhan
The expected annual range for USD-INR is 77-84.5 for 2023, says South Korea-based Shinhan Bank in its recently published report.
Rupee falls to record low of 82.69 against US dollar
The rupee opened at 82.68 against the US dollar at the interbank foreign exchange.
Rupee just shy of touching 82 against US dollar
The rupee touches 81.94 against the dollar. It has already depreciated 9% against the US dollar in 2022 so far.
