"kevin-warsh"

Domestic silver futures plummeted 3.5 per cent to ₹2,42,990 per kg on Thursday. The sharp selloff tracked weak global cues after a hawkish US Federal Reserve kept interest rates steady but signaled potential rate hikes later this year

The appointment, which requires Senate confirmation, amounts to a return trip for Warsh, 55, who was a member of the Fed's board from 2006 to 2011