Monetary Policy

Speech by Shri Vepa Kamesam Reserve Bank of India

SPEECH - Address delivered by Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India at the National Awards Presentation function for State Co-operative Agriculture & Rural Development Banks organized by National Co-operative Agriculture & Rural…

Concerns over euro increasing, says poll

EUROPE - Readiness for the advent of euro notes and coins is increasing across the eurozone, but so are concerns about the new currency, according to a survey published by the European Commission yesterday Monday 24 September.

Plenderleith - UK able to weather econ uncertainty

UK - The U.K. is well placed to weather the current world economic slowdown because of its low inflation and the underlying competitive advantages of major economies, Bank of England executive director Ian Plenderleith said Thursday 20 September in a…

Afghanistan currency strengthens

AFGHANISTAN - Money changers in Kabul have reported that the national currency of Afghanistan has strengthened, after losing 10% of its value in the initial aftermath of the attacks on America.

IMF sees no global recession in 2001 or 2002

US - International Monetary Fund First Deputy Managing Director Anne Krueger said Monday 24 September she does not see a global recession in either 2001 or 2002 despite increased economic uncertainty following the 11 September attacks on the United…

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