Reserve Bank

Latest stories

9m
Market Watch
Fed’s Kaplan anticipating summer rate hikePALO ALTO, Calif. — Federal Reserve Bank of Dallas President Robert Kaplan said
Fed’s Kaplan anticipating summer rate hike
Market Watch / Posted 9 minutes ago
PALO ALTO, Calif. — Federal Reserve Bank of Dallas President Robert Kaplan said in an interview Thursday he continues to expect the economy will be able to support a rate increase some time this summer. “Assuming we get stronger second-quarter data... Read more
52m
Perth Now
Australian market set to open lowerindex was down 47 points at 5,219. In local economic news on Friday, investors
Australian market set to open lower
Perth Now / Posted 52 minutes ago
index was down 47 points at 5,219. In local economic news on Friday, investors would be focused on the release of the Reserve Bank statement on monetary policy, after the central bank cut rates on Tuesday afternoon. The Australian Bureau of... Read more
9 related stories
52m
Perth Now
Dollar lower ahead of RBA releaseAussie has traded between 74.50-75.50 since the RBA cut rates. THE Australian
Dollar lower ahead of RBA release
Perth Now / Posted 52 minutes ago
Aussie has traded between 74.50-75.50 since the RBA cut rates. THE Australian dollar is lower ahead of the release of the Reserve Bank statement on monetary policy. At 0630 AEST on Friday, the local unit was trading at 74.60 US cents, down from... Read more
20 related stories
54m
New Zimbabwe
RBZ Bond Notes: What you must knowTHE Reserve Bank of Zimbabwe has announced plans to introduce local “bond notes
RBZ Bond Notes: What you must know
New Zimbabwe / Posted 54 minutes ago
THE Reserve Bank of Zimbabwe has announced plans to introduce local “bond notes” to circulate alongside a basket of foreign currencies adopted in 2009, in a bid to ease widespread cash shortages stalking its sluggish economy. This has raised fears of... Read more
9 related stories
1h
NZCity
NZ dollar falls as greenback strengthensemployment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Au
NZ dollar falls as greenback strengthens
NZCity / Posted an hour ago
employment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Australian cents from 92.08 cents ahead of the Reserve Bank of Australia publishing its statement on monetary policy. The local currency gained to 60.29 euro cents from... Read more
26 related stories
1h
Herald Sun
NZ dollar falls as greenback strengthensemployment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Au
NZ dollar falls as greenback strengthens
Herald Sun / Posted an hour ago
employment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Australian cents from 92.08 cents ahead of the Reserve Bank of Australia publishing its statement on monetary policy. The local currency gained to 60.29 euro cents from... Read more
26 related stories
1h
Weekly Times
NZ dollar falls as greenback strengthensemployment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Au
NZ dollar falls as greenback strengthens
Weekly Times / Posted an hour ago
employment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Australian cents from 92.08 cents ahead of the Reserve Bank of Australia publishing its statement on monetary policy. The local currency gained to 60.29 euro cents from... Read more
26 related stories
1h
The Courier Mail
Dollar lower ahead of RBA releaseAussie has traded between 74.50-75.50 since the RBA cut rates. THE Australian
Dollar lower ahead of RBA release
The Courier Mail / Posted an hour ago
Aussie has traded between 74.50-75.50 since the RBA cut rates. THE Australian dollar is lower ahead of the release of the Reserve Bank statement on monetary policy. At 0630 AEST on Friday, the local unit was trading at 74.60 US cents, down from... Read more
20 related stories
1h
Daily Telegraph
Dollar lower ahead of RBA releaseAussie has traded between 74.50-75.50 since the RBA cut rates. THE Australian
Dollar lower ahead of RBA release
Daily Telegraph / Posted an hour ago
Aussie has traded between 74.50-75.50 since the RBA cut rates. THE Australian dollar is lower ahead of the release of the Reserve Bank statement on monetary policy. At 0630 AEST on Friday, the local unit was trading at 74.60 US cents, down from... Read more
20 related stories
1h
The New Zealand Herald
Kiwi down as greenback up before US dataat 70.50 cents, she said. The New Zealand dollar edged up to 92.15 Australian
Kiwi down as greenback up before US data
The New Zealand Herald / Posted an hour ago
at 70.50 cents, she said. The New Zealand dollar edged up to 92.15 Australian cents from 92.08 cents yesterday. The Reserve Bank of Australia publishes its statement on monetary policy today. The local currency gained to 60.29 euro cents... Read more
26 related stories
1h
TheBull
$A lower, facing further downward pressureAsset Management managing director of FX strategy Kathy Lien said the Aussie ha
$A lower, facing further downward pressure
TheBull / Posted an hour ago
Asset Management managing director of FX strategy Kathy Lien said the Aussie has managed to stay above 74.50 since the Reserve Bank cut rates on Tuesday, but the currency still faced downside risks in coming days. "The pullback in commodity... Read more
20 related stories
1h
TheBull
Australian market set to open lowerindex was down 47 points at 5,219. In local economic news on Friday, investors
Australian market set to open lower
TheBull / Posted an hour ago
index was down 47 points at 5,219. In local economic news on Friday, investors would be focused on the release of the Reserve Bank statement on monetary policy, after the central bank cut rates on Tuesday afternoon. The Australian Bureau of... Read more
9 related stories
1h
Perth Now
NZ dollar falls as greenback strengthensemployment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Au
NZ dollar falls as greenback strengthens
Perth Now / Posted an hour ago
employment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Australian cents from 92.08 cents ahead of the Reserve Bank of Australia publishing its statement on monetary policy. The local currency gained to 60.29 euro cents from... Read more
26 related stories
2h
The Courier Mail
NZ dollar falls as greenback strengthensemployment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Au
NZ dollar falls as greenback strengthens
The Courier Mail / Posted 2 hours ago
employment report, Ms Martin said. The New Zealand dollar edged up to 92.15 Australian cents from 92.08 cents ahead of the Reserve Bank of Australia publishing its statement on monetary policy. The local currency gained to 60.29 euro cents from... Read more
26 related stories
2h
New Zealand's National Business Review
NZ dollar falls as greenback broadly strengthens ahead of US jobs report68USc and faces resistance at 70.50USc, she said. The New Zealand dollar edged
NZ dollar falls as greenback broadly strengthens ahead of US jobs report
New Zealand's National Business Review / Posted 2 hours ago
68USc and faces resistance at 70.50USc, she said. The New Zealand dollar edged up to 92.15Ac from 92.08Ac yesterday. The Reserve Bank of Australia publishes its statement on monetary policy today. The local currency gained to 60.29 euro cents... Read more
26 related stories
2h
The Economic Times
Raghuram Rajan's advisers worry over 2.1% decline in remittances to $68.9 billionBy Gayathri Nayak MUMBAI: External advisers of Reserve Bank of India governor R
Raghuram Rajan's advisers worry over 2.1% decline in remittances to $68.9 billion
The Economic Times / Posted 2 hours ago
By Gayathri Nayak MUMBAI: External advisers of Reserve Bank of India governor Raghuram Rajan are worried about the monetary policy implications of slowing remittances by overseas Indians for the first time since 2009 even though India does not rely... Read more
3h
Business Standard India
SKS deserves a new name: Dilli Rajin future? We are waiting for the proposed on-tap process for granting universa
SKS deserves a new name: Dilli Raj
Business Standard India / Posted 3 hours ago
in future? We are waiting for the proposed on-tap process for granting universal bank licences as announced recently by the Reserve Bank of India. We can re-evaluate our case after understanding the basic regulatory requirements that comes along... Read more
3h
Business Standard India
Big firms left out of on-tap bank licenceof a group's income from financial servicesRBI's draft guidelines want 60% of a
Big firms left out of on-tap bank licence
Business Standard India / Posted 3 hours ago
of a group's income from financial servicesRBI's draft guidelines want 60% of a group's income from financial services The Reserve Bank of India (RBI) on Thursday proposed granting on-tap universal banking licences to individuals, groups or... Read more
3 related stories
3h
The Economic Times
Professionals, finance companies may get licence to set up banksto set up banks but many large business houses which have long dreamt of owning
Professionals, finance companies may get licence to set up banks
The Economic Times / Posted 3 hours ago
to set up banks but many large business houses which have long dreamt of owning such institutions may not be so lucky. The Reserve Bank has come out with draft rules that propose a minimum capital of Rs 500 crore for granting on-tap licence to new... Read more
3 related stories
4h
Business Standard India
LS passes Budgetout. With this, the way has been paved to set up a panel to fix the policy rat
LS passes Budget
Business Standard India / Posted 4 hours ago
out. With this, the way has been paved to set up a panel to fix the policy rate, against the current practice of the Reserve Bank governor doing so. However, the latter will have a casting vote. Experts believe the proposal to reduce the... Read more
4h
Deepika
Business News Detail"Bank credit registered a growth of 9.7 per cent in December 2015 as compared
Business News Detail
Deepika / Posted 4 hours ago
"Bank credit registered a growth of 9.7 per cent in December 2015 as compared to December 2014 largely due to higher credit growth of private sector banks," the Reserve Bank said in a release here today. In terms of total number of credit... Read more
3 related stories
4h
The New Zealand Herald
Brian Fallow: Kiwi genius ahead of the curvewages. "I don't think Phillips necessarily saw a causal relationship. He saw a
Brian Fallow: Kiwi genius ahead of the curve
The New Zealand Herald / Posted 4 hours ago
wages. "I don't think Phillips necessarily saw a causal relationship. He saw a correlation," says Bollard, the previous Reserve Bank governor. But his work was seized on by policy wonks and ultimately politicians, who saw it as offering a... Read more
4h
The Hindu
India eyes bad debt cleanup as wary state-run banks balkover how it would fit into India's existing legal framework. A Finance Ministr
India eyes bad debt cleanup as wary state-run banks balk
The Hindu / Posted 4 hours ago
over how it would fit into India's existing legal framework. A Finance Ministry spokesman declined to comment. The Reserve Bank of India (RBI) did not immediately respond to requests for comment on the proposal. Fear of bad headlines was... Read more
5 related stories
4h
The Hindu
RBI for easier bank permitsThe Reserve Bank of India (RBI) has proposed a relaxation of norms for on-tap l
RBI for easier bank permits
The Hindu / Posted 4 hours ago
The Reserve Bank of India (RBI) has proposed a relaxation of norms for on-tap licenses for universal banks, as the banking regulator seeks to open the key economic sector to wider participation.This is first time since the financial industry was... Read more
5h
The Jewish Week
David Duke: Trump Victory Wrests Control Of Country From ‘Jewish Extremists’what you’re even talking about with white supremacy or white supremacists.” Du
David Duke: Trump Victory Wrests Control Of Country From ‘Jewish Extremists’
The Jewish Week / Posted 5 hours ago
what you’re even talking about with white supremacy or white supremacists.” Duke is a former Ku Klux Klan grand wizard and white supremacist who has publicly asserted that Jews control the Federal Reserve Bank, the U.S. government and th... Read more
2 related stories
5h
Western Advocate
The rate debate: How low can they go?real estate agents have welcomed a cut to interest rates, saying the local mark
The rate debate: How low can they go?
Western Advocate / Posted 5 hours ago
real estate agents have welcomed a cut to interest rates, saying the local market will benefit from the move. The Reserve Bank of Australia this week cut the official interest rate to an historic low of 1.75 per cent, based on weak... Read more
5h
DW
Zimbabweans wary of new 'bond notes' to match the dollar |Sithando, a communication specialist in Zimbabwe, is pertubed with the announce
Zimbabweans wary of new 'bond notes' to match the dollar |
DW / Posted 5 hours ago
Sithando, a communication specialist in Zimbabwe, is pertubed with the announcement by the Reserve Bank of Zimbabwe that it will start printing bond notes which have the same value as the dollar. "There might be panic, you will find that the US... Read more
5h
Reuters
Fed's Williams sees 2-3 rate hikes this year, backs Yellen: CNBCJohn Williams, president of the Federal Reserve Bank of San Francisco, speaks d
Fed's Williams sees 2-3 rate hikes this year, backs Yellen: CNBC
Reuters / Posted 5 hours ago
John Williams, president of the Federal Reserve Bank of San Francisco, speaks during an interview with Reuters in San Francisco, California December 18, 2015. It is reasonable to expect the Federal Reserve to raise interest rates two or three times... Read more
5h
dna
Clean Note Policy: Modified incentive scheme for banksnew scheme has been formulated by segregation the scheme of Incentives & Penalt
Clean Note Policy: Modified incentive scheme for banks
dna / Posted 5 hours ago
new scheme has been formulated by segregation the scheme of Incentives & Penalties which was formulated in May 2015, Reserve Bank said. The RBI further said matter relating to penalties are under review and the till the new scheme is... Read more
5h
The Economic Times
Trading in interest rate swap market set to rise on RBI push to bring in more participantstransactions on electronic platforms for interest rate swaps (IRS) as one party
Trading in interest rate swap market set to rise on RBI push to bring in more participants
The Economic Times / Posted 5 hours ago
transactions on electronic platforms for interest rate swaps (IRS) as one party to such transactions has to be either the Reserve Bank of India (RBI) or a scheduled bank or such other agency..., RBI said. In this context, RBI has specified that... Read more
6h
Business Standard India
Arvind Subramanian: Why the coupling has been brokenreduce lending rates, thereby impairing monetary transmission. All of this will
Arvind Subramanian: Why the coupling has been broken
Business Standard India / Posted 6 hours ago
reduce lending rates, thereby impairing monetary transmission. All of this will also affect real activity. How should the Reserve Bank of India (RBI) respond to these risks? It will need to monitor liquidity in the banking system carefully, and... Read more
6h
Pacific Coast Business Times
U.S. unlikely to experience negative interest ratesTheatre on May 5. Story updated at 10:30 a.m.: The U.S. is unlikely to experi
U.S. unlikely to experience negative interest rates
Pacific Coast Business Times / Posted 6 hours ago
Theatre on May 5. Story updated at 10:30 a.m.: The U.S. is unlikely to experience negative interest rates, Federal Reserve Bank of St. Louis President and CEO James Bullard said at the UC Santa Barbara Economic Summit at the Granada Theater... Read more
6h
Reuters
Fed's Williams says Brexit outcome may play into rate decisionJohn Williams, president of the Federal Reserve Bank of San Francisco, speaks d
Fed's Williams says Brexit outcome may play into rate decision
Reuters / Posted 6 hours ago
John Williams, president of the Federal Reserve Bank of San Francisco, speaks during an interview with Reuters in San Francisco, California December 18, 2015. PALO ALTO, Calif. San Francisco Fed President John Williams on Thursday said that if by... Read more
7h
The Financial Express
On-tap bank licences: RBI proposes 10 per cent stake for business housesone of his key reform measures would to put bank licensing on-tap.(Reuters) Mo
On-tap bank licences: RBI proposes 10 per cent stake for business houses
The Financial Express / Posted 7 hours ago
one of his key reform measures would to put bank licensing on-tap.(Reuters) Moving towards on-tap licensing regime, the Reserve Bank today proposed allowing professionals with 10 years of experience to promote full-fledged banks but large... Read more
3 related stories
7h
The China Post
Zimbabweans line up as US$ 'bond notes' plannedinflation — which peaked at 231 million percent — rendered the local currency u
Zimbabweans line up as US$ 'bond notes' planned
The China Post / Posted 7 hours ago
inflation — which peaked at 231 million percent — rendered the local currency unusable. But a shortage of foreign notes led Reserve Bank Governor John Mangudya to announce a raft of measures on Wednesday, including limiting withdrawals to US$1,000... Read more
9 related stories
7h
Quartz
Zimbabwe will print $200 million worth of its own version of US dollarsis introducing its own version of US dollars to deal with its worsening cash cr
Zimbabwe will print $200 million worth of its own version of US dollars
Quartz / Posted 7 hours ago
is introducing its own version of US dollars to deal with its worsening cash crunch. John Mangudya, governor of the Reserve Bank of Zimbabwe, said the bank will introduce “bond notes” of $2, $5, $10, and $20, which will hold the same value... Read more
9 related stories
8h
Fortune
Leaders, Get to Work Already on America’s Economic Challengespayouts to those who don’t need them. There are creative ways to pay for all of
Leaders, Get to Work Already on America’s Economic Challenges
Fortune / Posted 8 hours ago
payouts to those who don’t need them. There are creative ways to pay for all of this, including by the Federal Reserve Bank issuing “helicopter money” directly to the Treasury, from where it could be authorized and appropriated by... Read more
8h
The Financial Express
RBI Finance Bill clears the way for monetary panel on policy rateThe Finance Bill 2016 contained an amendment to the Reserve Bank of India Act o
RBI Finance Bill clears the way for monetary panel on policy rate
The Financial Express / Posted 8 hours ago
The Finance Bill 2016 contained an amendment to the Reserve Bank of India Act of 1934 giving the central bank a mandate to target inflation. (PTI) The move to strip Reserve Bank Governor of powers to set interest rates by transferring the authority... Read more
2 related stories
8h
Business Standard India
RBI proposes relaxation of bank licence requirementsThe Reserve Bank of India (RBI) has issued proposals for the relaxation of requ
RBI proposes relaxation of bank licence requirements
Business Standard India / Posted 8 hours ago
The Reserve Bank of India (RBI) has issued proposals for the relaxation of requirements for banking licences in the latest effort to boost a sector struggling with $100 billion of stressed debt that is choking the financial system and hitting... Read more
8h
dna
Finance Bill clears the way for monetary panel on policy rateThe move to strip Reserve Bank Governor of powers to set interest rates by tran
Finance Bill clears the way for monetary panel on policy rate
dna / Posted 8 hours ago
The move to strip Reserve Bank Governor of powers to set interest rates by transferring the authority to a broader panel is a step closer to reality with the Lok Sabha on Thursday approving the Finance Bill 2016. The Finance Bill 2016 contained an... Read more
2 related stories
8h
The Economic Times
RBI proposes relaxation of bank licence requirementsgrowth. With only about half of India's population having access to financial
RBI proposes relaxation of bank licence requirements
The Economic Times / Posted 8 hours ago
growth. With only about half of India's population having access to financial services, particularly in rural areas, the Reserve Bank of India (RBI) is keen to extend the sector's reach and the new proposals aim to encourage investment in new... Read more
8h
Your Hometown Lima Stations
Zimbabweans hunt for US cash as shortages biteyuan. In practice, the U.S. dollar is the de facto official currency. John Man
Zimbabweans hunt for US cash as shortages bite
Your Hometown Lima Stations / Posted 8 hours ago
yuan. In practice, the U.S. dollar is the de facto official currency. John Mangudya, the governor of the central bank, the Reserve Bank of Zimbabwe, has described Zimbabwe's multi-currency system as "dysfunctional." Copyright 2016 The Associated... Read more
3 related stories
9h
Business Standard India
Credit Suisse sees limited impact of FCNR redemptionbe beneficial for the bond market. At the time of the scheme in 2013, banks ha
Credit Suisse sees limited impact of FCNR redemption
Business Standard India / Posted 9 hours ago
be beneficial for the bond market. At the time of the scheme in 2013, banks had entered into a swap agreement with the Reserve Bank of India. Banks that had lent cash for subscribing to the FCNR scheme would now pull back the loans and at the... Read more
9h
New Kerala
RBI releases draft guidelines for 'on tap' licensing of universal banks - newkerala.com #59483New Delhi, May 5 : The Reserve Bank of India on Thursday released the draft gui
RBI releases draft guidelines for 'on tap' licensing of universal banks - newkerala.com #59483
New Kerala / Posted 9 hours ago
New Delhi, May 5 : The Reserve Bank of India on Thursday released the draft guidelines for 'on tap' licensing of universal banks in the private sector and sought comments on them. "The suggestions on the draft guidelines may be sent by June 30 this... Read more
3 related stories
9h
ABC News
Zimbabweans Hunt for US Cash as Shortages Bitethe British pound and the Chinese yuan. In practice, the U.S. dollar is the de
Zimbabweans Hunt for US Cash as Shortages Bite
ABC News / Posted 9 hours ago
the British pound and the Chinese yuan. In practice, the U.S. dollar is the de facto official currency. John Mangudya, the governor of the central bank, the Reserve Bank of Zimbabwe, has described Zimbabwe's multi-currency system as "dysfunction... Read more
3 related stories
9h
Weekly Times
Dollar likely to falldollar would head towards US71c by the end of the year. “We are cautiously bear
Dollar likely to fall
Weekly Times / Posted 9 hours ago
dollar would head towards US71c by the end of the year. “We are cautiously bearish,” Mr Vanderstelt said. He said the Reserve Bank of Australia would keep an eye on the dollar and use interest rates as a level to bring the currency... Read more
9h
Stamford Advocate
10 things you need to know before the opening bell (spy, spx, qqq, dia, fit, tsla, goog, gni, tpub)yuan finished up 0.1% at 6.5039 per dollar. MORE BUSINESS INSIDER Australia's
10 things you need to know before the opening bell (spy, spx, qqq, dia, fit, tsla, goog, gni, tpub)
Stamford Advocate / Posted 9 hours ago
yuan finished up 0.1% at 6.5039 per dollar. MORE BUSINESS INSIDER Australia's central bank has a new governor. The Reserve Bank of Australia has announced that Phil Lowe will replace Glenn Stevens at the helm. Lowe has served as a deputy... Read more
2 related stories
9h
New Zimbabwe
RBZ imposes cash withdrawal limitsTHE Reserve Bank of Zimbabwe (RBZ) Wednesday announced cash export and withdraw
RBZ imposes cash withdrawal limits
New Zimbabwe / Posted 9 hours ago
THE Reserve Bank of Zimbabwe (RBZ) Wednesday announced cash export and withdrawal limits with immediate effect in order to stabilise and stimulate the economy in efforts to end the current cash crisis that has hit the country. RBZ governor John... Read more
9 related stories
9h
Connecticut Post
10 things you need to know before the opening bell (spy, spx, qqq, dia, fit, tsla, goog, gni, tpub)yuan finished up 0.1% at 6.5039 per dollar. MORE BUSINESS INSIDER Australia's
10 things you need to know before the opening bell (spy, spx, qqq, dia, fit, tsla, goog, gni, tpub)
Connecticut Post / Posted 9 hours ago
yuan finished up 0.1% at 6.5039 per dollar. MORE BUSINESS INSIDER Australia's central bank has a new governor. The Reserve Bank of Australia has announced that Phil Lowe will replace Glenn Stevens at the helm. Lowe has served as a deputy... Read more
2 related stories
10h
AllAfrica.com
Thumbs Up for NSSA's Building Societythe end of this month. "It's no longer happening this month (April) because we
Thumbs Up for NSSA's Building Society
AllAfrica.com / Posted 10 hours ago
the end of this month. "It's no longer happening this month (April) because we are waiting for the green light from the Reserve Bank of Zimbabwe," said Matemera, adding that "Maybe we are opening the bank next month (this May)." The bank is... Read more
More

People in this news