Singh, who is the co-convenor of the G20 Independent Expert Group, stressed that Multilateral Development Banks (MDBs) need to leverage their internal resources and optimise their balance sheets for higher lending. “We certainly intend to be cognizant of the leveraging ability of multilateral institutions,” Singh said.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per