‘business as usual’ In the months following Russia’s invasion of Ukraine, banks resisted requests for funds to remove Russian gold, fearing a market selloff. “We didn’t want a sudden sale of all Russian metals,” said an official at one of the banks storing the gold for the ETF, on condition of anonymity. “It has been […]
Inflation eased to 8.85 per cent in November from 8.91 per cent in the previous month due to lower food prices. This means that the Consumer Price Index has declined for the third month in a row. Food inflation fell to 8.14 percent in November from 8.50 percent in October, while non-food inflation rose to […]
