Latest news with #monetaryAuthorities
Bloomberg
2 days ago
- Business
- Bloomberg
Global Banks May Push Back on RBI's Offshore Swap Reporting Plan
Global lenders plan to ask India's central bank to soften a plan requiring them to report offshore interest-rate derivative trades, according to people familiar with the matter. Complying with the Reserve Bank of India's directive could raise concerns about client confidentiality and lead to jurisdictional complications with other monetary authorities, the people said, asking not to be named as the discussions are private.
Bloomberg
17-06-2025
- Business
- Bloomberg
More Central Banks Than Ever Plan to Build Up Their Gold Hoards
A record share of the world's central banks plans to accumulate more gold over the next 12 months, drawn by bullion's performance during times of crisis and protection against inflation. In a survey of 72 monetary authorities, 43% said they expected their gold reserves to increase, up from 29% a year earlier and the highest figure in eight years of data collected by the World Gold Council and YouGov. None anticipated a decline.
