Diabytes
Bank for International Settlements News
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China`s yuan is poised to enter the International Monetary Fund`s elite SDR basket of currencies, raising Beijing`s banknotes to the status of global reserve asset.
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The world`s major central banks, stung by this year's USD 81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network of cross-border banking from cyber attacks, according to two sources with knowledge of the matter.
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The BIS -- known as the central bank of central banks -- made the call in its quarterly report which is closely watched by investors.
"The easing in India came against the backdrop of a deceleration of inflation from a high single-digit pace, strong economic growth, and an improved fiscal situation.
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