For central banks, gold is not a relic of history but a rational hedge against the politics for & of money, the fragility of debt, and the unpredictability of power.
Srinath Sridharan
October 12, 2025 at 3:33 PM IST
Screengrab from "RBI Unlocked: Beyond the Rupee" series (JioHotstar)
The BIS is located in Basel largely because a century ago it was a convenient meeting point for central banks. Today, it is not the geography, but political fault lines that cut through Basel.
Howard Davies
March 4, 2025 at 3:26 PM IST
Wladyslaw Sojka