Tag Archives: RBI

UBS Morning Adviser

RBI exchanging onshore gold for international gold should boost INR stability On Wednesday the Reserve Bank of India (RBI) announced plans to swap domestic gold reserves with

India GDP Update – March Quarter 2014

India’s economy expanded by 4.6% during the year to March quarter 2014. The strong net export performance helped to compress the Current Account Deficit to USD32.3bn,

Rate Hikes Needed To Relieve Pressure For Emerging Markets Currencies

Turkey’s central bank appears set to use its emergency meeting to hike rates and the Reserve Bank of India surprised the market with an increase,