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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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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