Chinese yuan set to be inducted into IMF currency basket
China`s yuan is poised to enter the International Monetary Fund`s elite SDR basket of currencies, raising Beijing`s banknotes to the status of global reserve asset.
Sep 30, 2016, 23:51 PM IST
Central banks seek global standards in wake of Bangladesh heist
The world`s major central banks, stung by this year's USD 81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network of cross-border banking from cyber attacks, according to two sources with knowledge of the matter.
Sep 15, 2016, 23:22 PM IST
Key bank warns against `uneasy calm` in global markets
The BIS -- known as the central bank of central banks -- made the call in its quarterly report which is closely watched by investors.
Dec 06, 2015, 19:06 PM IST
Persistent low rates indicate global eco malaise, warns BIS
"The easing in India came against the backdrop of a deceleration of inflation from a high single-digit pace, strong economic growth, and an improved fiscal situation.
Jun 28, 2015, 16:55 PM IST
