Why is the Bank of Japan taking this stance on interest rates?

The Bank of Japan has maintained its position despite interest rate increases by the Federal Reserve and other central banks across the world in an effort to reduce inflation.

Japan's benchmark interest rate has been negative 0.1% since 2016. The third-largest economy in the world h...

PAN-ASIAN FEASIBILITY OF PAYMENT VIA DLT & CBDC TO BE EXPLORED

Highlights:

•             Central banks of Asia and UAE will be a part of the project

•             Potential of DLT & CBDCs to be explored

FEASIBILITY STUDY ON DIGITAL CURRENCY TO BE STARTED BY THE BANK OF JAPAN FOR FISCAL 2021

Highlights –

• Feasibility study on digital currency to be started by the Bank of Japan for fiscal 2021.
• The study is said to begin in April 2021.
• BOJ will collaborate with other central banks and fintech firms to study the same.
...

GLOBAL STOCK MARKET PANICS AGAIN: INDIAN STOCK MARKET REMAIN LARGELY DIM

Highlights:

• Global investor sentiments are low
• Panic selling in the market brings the stock market down again
• Investors are looking at Central banks for relief
• Saudi Arabia slashes Crude oil prices

The panic waves of coronavirus...

DIGITAL CURRENCY CANNOT BE UNDER PRIVATE FIRMS

Highlights:

• Bank of France's Governor stated that private companies cannot be given the charge to issue digital currency.
• Central banks across the world are planning to release digital money to prevent the loss of state control over money.
...

Silver soared at 8% in the international markets

In January 2020, there is Chinese New Year celebrations. The manufacturing companies in China have high demand for silver metal. This is one of the reason for sharp rise in silver at 8%.

At the London spot market on Thursday, Silver traded at $17.9/oz. About two weeks ago it was trading...