Modi’s Push to Take Indian Rupee Global Gets Off to a Slow Start
India’s year-old campaign to boost the rupee’s role in cross-border payments has made little headway, according to people
2023-07-07 08:48
Global Inflation Risk Rises Despite Lower Prices, Economist Says
The risks of a prolonged period of elevated inflation have increased despite the current decline in prices in
2023-06-26 01:49
Final Stretch of Central-Bank Hiking Will Be Toughest, BIS Says
The unprecedented cycle of global interest-rate increases is entering its most challenging stretch as inflation threatens to become
2023-06-25 17:29
Ex-BIS Official Remolona Is Next Philippine Central Bank Chief
The Philippines has tapped Eli Remolona, a member of the central bank’s policymaking board, to head the monetary
2023-06-23 18:27
Backlash Against Weaponized Dollar Is Growing Across the World
All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China
2023-06-02 21:48
Swiss Fall Out of Love With Cash Amid Soul Searching About Money
Switzerland’s formerly cash-obsessed citizens are falling out of love with physical money. Some 36% of consumer transactions were
2023-06-01 17:24
Wall Street’s Dependence on London Clearing Worries EU Watchdog
Wall Street banks have made “no significant moves” away from London’s dominant clearing service since Brexit, raising concerns
2023-05-17 17:55
Swiss Government Wants to Enshrine Cash in the Constitution
The Swiss government wants to enshrine the availability of cash in the constitution and will let citizens decide
2023-05-17 17:46