RBI sticks to forex reserves policy in India
New Delhi - Arabstoday
India’s central bank will continue with its strategy of diversifying its forex reserves, a central banker said on Friday, adding, investors may not find it easy to move away from US debt investments.Lingering concerns about the health of the US economy and the fate of the dollar, the world’s premier reserve currency, is making economies across the world to diversify their forex reserves and pare their US debt holdings.“Yes we diversify always. That is a strategy that remains,” K.C. Chakrabarty, a deputy governor at the Reserve Bank of India (RBI) said. The global economic situation was becoming more complex and volatile, he added. From / Gulf Today
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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