Tag: central banks

In Graphics: Post-dated clearing of cheques is history

Economy
The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving ef ciency, is facing glitches, with some customers complaining about delays. ET takes a look back at how cheques have evolved over...

Currency watch: Rupee rises 7 paise to 88.72 against dollar; domestic markets and crude oil support gains

Business
The rupee strengthened by 7 paise to close at 88.72 against the US dollar on Friday, buoyed by positive domestic market trends and a broad decline in crude oil prices, PTI reported. Forex...

Central banks may scale back gold purchases in 2024, reports World Gold Council

Economy
Central banks may buy less gold in 2024 compared to 2023, when they had bought 1,037 tonnes of gold, according to a World...

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