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    Australia’s central bank puts $4.10 billion into financial system

    Australia’s central bank puts $4.10 billion into financial system

    24 Mar 2020

    Australia’s central bank injected A$6.90 billion ($4.10 billion) into the financial system on Tuesday and bought A$4 billion in bonds as economists predicted a spike in unemployment and the worst...

    US Fed fresh support fails to pull world markets out of the woods

    US Fed fresh support fails to pull world markets out of the woods

    23 Mar 2020

    Fresh support announced by the Federal Reserve failed to lift Wall Street on Monday, after Europe and Asia had both been overwhelmed by the coronavirus pandemic and growing number of...

    CBUAE’s foreign assets reach Dhs406 billion in February

    CBUAE’s foreign assets reach Dhs406 billion in February

    17 Mar 2020

    The total foreign assets of the Central Bank of the UAE (CBUAE), were valued at Dhs405.94 billion in February 2020, according to the latest figures released by the central bank....

    UAE Central Bank to cut interest rates by 75 basis points ​ ​

    UAE Central Bank to cut interest rates by 75 basis points ​ ​

    16 Mar 2020

    The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning on Monday (March 16), following US Federal Reserve cuts to contain the economic...

    UAE’s Dhs100b stimulus package a huge step

    UAE’s Dhs100b stimulus package a huge step

    15 Mar 2020

    The UAE has been taking robust containment and control measures to tackle Corona virus COVID-19 crisis, which has become humanity’s biggest challenge. All precautionary steps are being taken in collaboration...

    Saudi central bank announces $13b financing package to help SMEs

    Saudi central bank announces $13b financing package to help SMEs

    15 Mar 2020

    Saudi Arabia’s central bank said it had prepared a 50 billion riyal ($13 billion) package to help small and medium-sized enterprises cope with the economic impacts of the coronavirus outbreak....

    Sweden’s central bank unveils loan package of $51 billion

    Sweden’s central bank unveils loan package of $51 billion

    14 Mar 2020

    Sweden’s central bank (CB) would lend up to 500 billion crowns ($51 billion) to Swedish companies via banks, moving to shore up credit flows as the coronavirus epidemic wreaks havoc...

    South Korea CB holds interest rates, slashes growth outlook

    South Korea CB holds interest rates, slashes growth outlook

    27 Feb 2020

    South Korea’s central bank (CB) has kept interest rates unchanged on Thursday, dashing expectations for a cut even as it downgraded the growth outlook. The outlook cut amid mounting fears...

    Russian central bank cuts key interest rate to 6 per cent

    Russian central bank cuts key interest rate to 6 per cent

    07 Feb 2020

    The Russian central bank lowered its key interest rate to 6.00% on Friday, cutting the cost of lending for the sixth consecutive meeting amid slowing inflation, and said a further...

    More central banks look to issue own digital currencies

    More central banks look to issue own digital currencies

    27 Jan 2020

    A rising number of central banks (CBs) are likely to issue their own digital currencies in the next few years, research by the Bank for International Settlements (BIS) showed, as...

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