Bank for International Settlements (BIS) Current Affairs, GK & News
On June 25, 2022 the central bank of China inked an agreement with the Bank for International Settlements (BIS), for establishing a Renminbi Liquidity Arrangement (RMBLA). About Renminbi Liquidity Arrangement The Renminbi Liquidity Arrangement will provide support to participating central banks during market fluctuations. It could be used in periods of market volatility in future, In ..
Month: Current Affairs - June, 2022
Category: International / World Current Affairs
As per the latest data from Bank for International Settlements (BIS), incremental credit growth has decreased to 59-year low at 5.56% in Financial Year 2021. Key points As per data, bank credit-to-GDP ratio has increased to a five-year high at about 56% in 2020. However, this increase is way behind its peers and is half ..
Month: Current Affairs - June, 2021
Category: Economy & Banking Current Affairs - 2022