Tag: Bank Of England

London: Warning that the global economy is on the brink of a situation similar to the Great Depression of the 1930s, Reserve Bank of India Governor Raghuram Rajan has asked central banks from across the world to define “new rules of the game” to avert a repeat of the recent global financial crisis. “I do […]

Mumbai: The rupee appreciated by 21 paise to 69.49 against the US dollar in opening trade Wednesday ahead of the US central bank’s meeting. The rupee opened strong at 69.57 at the interbank forex market then gained further ground to touch 69.49 per dollar, displaying gains of 21 paise against the greenback. Forex dealers said […]