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The Reserve Bank of India has increased its gold reserve

Date: August 7, 2022 Category: News

There was a sharp jump in the foreign currency assets and gold reserves.
All components in forex reserves climbed with gold reserves outperforming foreign currency assets (FCA) in the week.
...

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Turkey adopted Russia's Mir cards

Date: August 6, 2022 Category: News

Turkish Banks Are Adopting Russian Payments System, Erdogan Says.
Five Turkish banks have adopted Russia's Mir payments system, Turkey's President Recep Tayyip Erdogan said on his return from tal...

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US Jobs Data could Trouble the Market

Date: August 6, 2022 Category:

Goldman: The Market's Reaction To The Jobs Report Means Brace For A Stubborn Grind Higher In September.
Unusually large U.S. jobs number stokes case for 'unusually large' rate hike.
Friday's...

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Central banks are buying gold

Date: August 6, 2022 Category: News

Central banks are buying gold to protect against the threat of a sovereign debt crisis.
Last week the World Gold Council noted that central banks bought 59 tonnes of gold in June.
For the fi...

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Discussions on Turkey's entry into BRICS

Date: August 5, 2022 Category: News

Kremlin allowed Putin and Erdogan to discuss Turkey's entry into BRICS.
Press Secretary of the President of the Russian Federation Dmitry Peskov admitted that today in Sochi, during a meeting bet...

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