"There isn't any alternative to USD as reserve currency": Warren Buffett

May 05, 2024

"It won't be the quantity of the national debt. There isn't any alternative to the dollar as a reserve currency," said Warren Buffet, Chairman...

RBI exempts fresh FCNR(B) deposits from CRR, SLR norms till September 30 to boost foreign currency inflows

Jun 09, 2026

The Reserve Bank of India (RBI) has exempted fresh Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits mobilised by banks from Cash Reserve Ratio (CRR) and...

At Davos, RBI Governor says digital currency will make cross border payments more efficient

Jan 19, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and...

Private digital currencies are potentially dangerous, CBDC a safer alternative: RBI Governor

May 06, 2024

Reserve Bank of India Governor Shaktikanta Das said on Monday that Central Bank Digital Currency (CBDC) or digital currency, can drive financial inclusion and...

PNB decides FCNR(B) deposit rates up to 6.10% after RBI measures, expects USD 2.5 bn mobilisation

Jun 10, 2026

Punjab National Bank (PNB) has announced revised Foreign Currency Non-Resident (Bank) [FCNR(B)] deposit rates of up to 6.10 per cent following the Reserve Bank...

Western sanctions erode trust in dollar, euro: Kremlin

Apr 03, 2022

Moscow [Russia], April 3 (ANI/Sputnik): The Western sanctions policy is accelerating the process of erosion of the world reserve currency, with an increasing number...