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The European Central Bank (ECB) is the central bank of the European Union, which is responsible for the monetary policy of the Eurozone. The ECB is an independent institution, which works to ensure price stability in the Eurozone, and to promote economic growth and financial stability. The ECB sets the interest rates for the Eurozone, and is responsible for the issuance of the Euro currency. The ECB is headed by a President and is responsible to the European Parliament. The ECB also works in partnership with the national central banks of the Eurozone countries. The ECB has become increasingly influential in recent years, as it has had to take on a greater role in the management of the Eurozone crisis. The ECB publishes regular press releases and holds regular press conferences, to keep the media and public informed about its decisions and activities. The ECB also produces regular economic reports, which provide an overview of the Eurozone economy and monetary policy. The ECB also regularly produces videos and articles about the Eurozone economy and monetary policy. These videos and articles provide an insight into the work of the ECB, and can help to explain the decisions and actions of the ECB.
Reliance Industries Ltd. has appointed Srikanth Venkatachari as the chief financial officer and the appointment will come into effect from June 1, according to an exchange filing on Friday, Alok Agarwal, the incumbent CFO, will assume the role of senior adviser to RIL Chairperson Mukesh Ambani, assisting him on a wide range of strategic issues with effect from June 1, 2023.
EUR/USD is set to finish the week with decent gains of 0.89%. US economic data was mixed, though it portrays a deceleration of the economy. ECB policymakers remain focused on tackling high inflation … Read Full Story at source (may require registration)
Apple CEO Tim Cook will be among a small group of top US executives attending a high-profile summit hosted by the Chinese government this weekend, in a show of commitment to the market amid decoupling risks and supply chain adjustments. The head of the world's most valuable company will join Jon Moeller, CEO of consumer goods giant Procter & Gamble; Stephen Schwarzman, CEO of investment firm Blackstone; and Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, at the China
In a regulatory filing on Friday, Reliance Industry said the current CFO Alok Agarwal will be assuming the new role of Senior Advisor to the Chairman and Managing Director of the Company, where he will assist Mukesh Ambani on a wide range of strategic issues.