Customers at a supermarket in Moscow. File/Agence France-Presse
Russian Central Bank (CB) held its key interest rate at record low level of 4.25% and said it will not cut rates further, instead planning to start gradually raising them at some point in the future when inflation stabilises near its target.
The Russian central bank (CB) is developing new criteria for a maximum debt level for domestic companies to prevent any possible systemic risk at an early stage, Elizaveta Danilova, head of the bank’s financial stability department, told Reuters.
The Russian central bank (CB) lowered its key interest rate to 6.25% amid slowing inflation and said further rate reductions in the first half of 2020 looked possible but not imminent.
Badiri Education and Development Academy, the knowledge and capacity building arm of NAMA Women Advancement Establishment (NAMA),
During its pioneering 50-year journey, Abu Dhabi Fund for Development (ADFD) has worked to support international efforts aimed at achieving sustainable development
Across the globe, following the pandemic outbreak, as people experienced a number of challenges at once — lockdowns, bereavement, job uncertainties,