Central Bank, Digital currency
Central Banks Need Digital Currencies to Stay Relevant, Nagel Says
The technological innovation of the past years puts a question mark over central banks’ future and officials must “speed up” adaptation including digital currencies, according to Bundesbank President Joachim Nagel.
Central Banks Need Digital Currencies to Be Relevant, Nagel Says
The technological innovation of the past years puts a question mark over central banks’ future and officials must “speed up” adaptation including digital currencies, according to Bundesbank President Joachim Nagel.
Swiss National Bank Initiates Pilot Project for Central Bank Digital Currency
Switzerland is taking a bold step towards the future of digital finance as the Swiss National Bank (SNB) gears up to launch a groundbreaking pilot project next month to test the use of central bank digital currency (CBDC) for financial institutions.
India Central Bank to Make Its Digital Currency Available Offline, Das Says
The Reserve Bank of India is working to make its digital currency available without being dependent on internet access, according to Governor Shaktikanta Das.
Opinion
Rwanda’s leap into central bank digital currency
Central Bank Digital currencies, which are a digital form of central bank-issued money, are being studied globally for their potential benefits ranging from preserving monetary sovereignty versus private currencies to potential financial inclusion gains.
Explained: Why are central banks accumulating gold in large quantities?
Central banks worldwide are actively accumulating gold to diversify reserves and reduce dependency on the US dollar. China, ...
Major central banks linger in uneasy calm in April
Interest rates at major central banks remained static in April as the prospect of higher-for-longer U.S. Federal Reserve ...
How China's Central Bank Gold Buying Frenzy Drove Prices To Record Highs, Attracting Gen Z To 'Gold Beans'
China's gold acquisitions drive global prices to record highs in April 2024. Cultural and economic factors play a significant ...
standardmedia.co.ke38m
Climate change could derail EAC economies, central bank bosses warn
Central banks from the East African Community (EAC) bloc are raising the alarm on climate change and its impact on the ...
Swedish central bank to cut key rate this week, Reuters poll shows
Sweden's central bank will cut its key interest rate this week by a quarter percentage point to 3.75% and then continue to ...
Сhairman Of Central Bank Convenes Meeting With The Leaders Of Various Banks
The Chairman of the Central Bank, Taleh Kazimov, and otherexecutives of the Central Bank met with the executives of the ...
Business Times38m
Asian central banks, consumers flock to gold amid currency weakness, macro uncertainty
The unprecedented rate of purchases by central banks, both regionally and globally, is set to continue amid macroeconomic uncertainty, market watchers said. But with the additional burden of ...
thedeepdive2h
Gold Prices Soar As Chinese Consumers And Central Banks Drive Demand
The price of gold has surged to record highs this year, largely driven by strong demand from Chinese consumers and ...
Farmers & Merchants Bank of Central California (FMCB) ranked #4 Best-Performing Community Bank in the United States for 2023
Farmers & Merchants Bancorp (OTCQX: FMCB), the parent company of (F&M Bank), is pleased to announce that F&M Bank has been ranked 4th on S&P Global Market Intelligence's “Top 50 List of ...