The governor of the Reserve Bank of India (RBI) believes that the number of Indians reported to be investing in crypto could be “exaggerated.”Shaktikanta Das said he is “not so sure about the numbers which being quoted,” in an interview, which was part of financial newspaper Business Standard’s BFSI Insight Summit on Wednesday.“With a reasonable amount of confidence, I think … [Read more...] about Crypto Adoption Numbers in India Could be ‘Exaggerated’, Says RBI Governor
Exaggerated
Gold’s status as inflation hedge ‘somewhat exaggerated,’ says BlackRock exec
With the price of gold down more than 11% over the last six months, some investment managers are questioning its status as a hedge asset.According to Bloomberg, Russ Koesterich, portfolio manager at BlackRock’s Global Allocation Fund, gold is currently failing to prove its effectiveness as a viable hedge against inflation.Indeed, Koesterich countered the popular hedge asset … [Read more...] about Gold’s status as inflation hedge ‘somewhat exaggerated,’ says BlackRock exec