Archive for May 30th, 2016

Should Cryptocurrencies be included in the forex reserves of Central Banks?

May 30, 2016

Interesting paper by Profs. Winston Moore and Jeremy Stephen of University of the West Indies (Cave Hill). They try and figure whether it made sense for Central Bank of Barbados to hold cryptocurrencies like bitcoin in their forex reserves. What they are trying to figure is would addition of these currencies lead to any benefits like lower volatility etc?

They say the impact would not have been much:

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What is in a batsman’s stance? Perhaps everything..

May 30, 2016

Some people are not just gifted speakers but writers as well. It is a rare thing to have,

Mark Nicholas is one such person who does great cricket commentary and writes equally well. Here he writes about stance of current English top order batsmen. One can apply the different ways to other batters as well:

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Mission creep (or sweep) for India’s Bank Board Bureau?

May 30, 2016

Gulzar writes on this interesting development amidst series of other links/posts (check no 11).

India recently appointed bank panel – Bank Board Bureau – to select heads of India’s Public sector banks amidst huge hype as always. Gulzar says that it being just 5 months old is already undergoing mission creep:

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Should railways offer opt-in or opt-out for meals in privileged trains?

May 30, 2016

As a railways and beh econ buff it is exciting to read this bit. It is even more exciting to see something come into action which this blog argued nearly three years ago.

One always wonders the logic behind food being compulsory in India’s privileged trains like Rajdhani and Shatabdi. Most of the time food is bland and hopeless. If one takes a Rajdhani on a longer route rest be assured food is going to be the same across meals. As one has paid for it either one takes it or just wastes it. There are quite a few cases who carry their own food despite paying for it in tickets.

In 2013, this blog argued to change this default choice:

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