A man walks past a foreign exchange outlet in Mexico City. File/Reuters
Pakistan’s central bank (CB) kept its main interest rate at 13.25 per cent, having recently stopped hiking rates as data on the economy has begun to show that inflation is steadying.
The National Bank of Hungary’s (NBH) closely watched gauge of lasting price developments, tax-adjusted core inflation, will peak at 3.8% in the fourth quarter and decline from the end of 2019, the bank said in its quarterly inflation report.
Australia’s strong economic performance of recent decades has allowed its central bank to avoid the kinds of unorthodox policies seen in other countries, but record low rates mean less conventional measures may be needed to tackle new challenges.
Abdullah Ali Ateeq Al Sabousi, UAE Ambassador to Australia, has said that Expo 2020 Dubai promotes international cooperation in drafting a global action plan to achieve sustainable development.
The Sharjah FDI Office (Invest in Sharjah) has announced the dates of the sixth edition of its annual flagship event, Sharjah Investment Forum,
The ‘Principles of the 50’ are designed to serve as a strategic roadmap for all UAE government entities to follow as the nation enters a new era in its development path,