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The two-day G-20 finance ministers’ summit, which ended in Bali on Saturday, failed to issue a joint statement because there were serious differences of view among the members. Indonesia, which...
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 75 basis points, effective from Thursday, 16...
Turkey’s annual inflation will peak at around 70 per cent by June before declining to near 43 per cent by year-end, the central bank forecast on Thursday, almost quadruple its...
Pakistan's upper house of parliament put the seal on Friday on a law backed by the International Monetary Fund (IMF) to give the central bank more independence in decision-making....
The Central Bank of the United Arab Emirates (CBUAE) has announced that the new Dhs50 polymer banknote is an official currency and to be used alongside the paper banknote...
The Turkish lira crashed as much as 7 per cent to a new record near 15 to the dollar on Monday, gripped by worries over President Tayyip Erdogan’s risky...
Is bitcoin about to become legitimate? Could it soon be printed with portraits of global heroes (Einstein on the 100 bitcoin bill, Marie Curie on the 1,000)? Could we soon...
Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank digital currencies (CBDC) to assess if this allows transactions to...
China’s central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading. The People’s Bank of China’s meeting...
China’s new bank loans fell more than expected in April while money supply growth slowed to a 21-month low, as the central bank gradually scales back pandemic-driven stimulus to reduce...
