Indian central bank likely defending rupee, conducting swaps to drain excess cash, traders say

MUMBAI, Sept 23 (Reuters) - The Reserve Bank of India likely intervened in the foreign exchange market on Wednesday, five traders said, continuing its interventions to support the currency as it ...

UAE central bank imposes strict sanctions on Bank Melli Iran branches

The UAE's central bank has prohibited Iran's Bank Melli from conducting operations in the country. This decision follows the ...
Decrypt

Europe’s Central Bank Prepares to Invest Own Funds in Tokenized Securities

The European Central Bank plans to buy euro-denominated public-sector debt and settle the transactions through its new Pontes ...
Crypto Briefing

UAE central bank moves against Bank Melli Iran branches as US sanctions tighten the noose

The UAE Central Bank has launched urgent reviews of Bank Melli Iran branches after the US Treasury sanctioned the Dubai branch's Iranian general ...

ECB launches 'Pontes' to settle tokenised assets in central bank money

The Eurosystem has launched Pontes, a system allowing banks to settle trades in tokenised assets using central bank money, and the ECB said it will invest some of its own funds in tokenised securities ...

Hungarian bond bulls bet on euro path as central bank cuts inflation target

The Hungarian central bank's move to lower its inflation target has sent a fresh signal to investors that the new government in Budapest is sticking to its goal of ​adopting the euro, boosting ...