LBMA & WGC Advocate for Gold Reclassification as High-Quality Liquid Asset Under Basel III
In a landmark effort to enhance financial market stability and liquidity, the London Bullion Market Association (LBMA) and the World Gold Council (WGC) have embarked on a mission to reclassify gold as a High-Quality Liquid Asset (HQLA) under Basel III guidelines
India's exports of polished diamonds increased by 2% in Apr-Dec'08
Exports of polished diamonds in Dec'08 dropped by 21%
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