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The Russian branch of Austria’s Raiffeisenbank Bank International (RBI) reduced funds in its correspondent accounts 2.7-fold in August, slashing the accounts by a record 421 billion rubles ($4.4 billion) to 242 billion ($2.5 billion), the Kommersant business daily reported, citing the…
Gold prices on the MCX traded higher on Monday, July 29, after dropping more than 4% overall in July. The fall was primarily due to the government announcing customs duty cuts on gold in the Union Budget 2024. Also Read:…