Latest Central bank Stories
European debt crisis and faltering U.S.
LONDON, May 31, 2011 /PRNewswire/ -- The Market Group is pleased to announce today the six finalists that have been invited to participate in the next stage of the tender process to select the European DataWarehouse's (ED) constructor.
CHENNAI, India, May 27, 2011 /PRNewswire-FirstCall/ -- - Superior Functional Coverage and Future Ready Architecture with the Capability of Handling 100 Million Transactions Per Day Polaris Software (POLS.BO), a leading global Financial Technology Company, today announced that Reserve Bank of India (RBI) has chosen Polaris to implement its Intellect(TM) Core Banking System (CBS) across the Bank.
LONDON, April 28, 2011 /PRNewswire/ -- In December 2010, the Governing Council of the European Central Bank (the ECB) announced its intention to establish loan-by-loan data requirements for asset-backed securities (ABSs) in the Eurosystem collateral framework, with the aim of improving transparency and helping to restore investor confidence in the European securitisation markets. To make this happen, the ECB is encouraging the creation of a groundbreaking ABS Data Warehouse for the...
Online forex trading community InformedTrades.com has seen its free-floating virtual currency go an entire month without a decline, and is up 14% against the US dollar over the past 7 months.
PARIS, November 9, 2010 /PRNewswire/ -- According to momagri(c), a think tank advocating a new vision for global agriculture, the international community is not fully taking into account the impact of monetary and currency imbalances on agricultural activities. Yet, in an environment of food, financial and budgetary crises and in proportions unknown till now, the currency exchange rates and key rates set by Central Banks have become crucial variables for agricultural competitiveness.
CLEVELAND, October 25, 2010 /PRNewswire/ -- The Federal Reserve Banks and Equens have successfully processed the first automated clearinghouse payments via a new standardized channel for low-value cross-border payments between the United States and Europe. U.S.
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- Growing in low tufty patches.