The Reserve Bank of India (RBI) has released its half-yearly report on India’s foreign exchange reserves. It has been around since February 2004. So, this is the 12th report. It is not too long and provides useful information. It is interesting to know that the RBI uses external asset managers to manage a small fraction of [...]
Some have chosen to focus on the fact that some students in the University where Mr. Geithner made a presentation chose to laugh when he said that America would maintain the value of the dollar. See here for example.
The real issues are covered by Simon Johnson at Baseline Scenario. See his posts here and here.
This push by [...]
At VoxEU, a doctoral candidate in economics has an interesting http://www.voxeu.org/index.php?q=node/3490#mce_temp_url# on what France did to the pound sterling and to the US dollar. The conclusions are not exactly reassuring
China’s central bank governor posted a note on the web site of the People’s Bank of China proposing a new global reserve currency. The key points are here:
They may either fail to adequately meet the demand of a growing global economy for liquidity as they try to ease inflation pressures at home, or create excess [...]
Bare Talk at Mint
Recent Comments