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The central banks across the world seem to have woken up to the reality of rising inflation, and they are using the one weapon in their hands, the interest rate,...
Gulf Today, Staff Reporter The Central Bank of the UAE decided to raise the base rate on overnight deposit facilities by 50 basis points, as of Thursday, May 05,...
Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40...
Sri Lanka on Saturday announced a five-day share trading halt after the crisis-hit country hiked interest rates and declared a default on its external debt during the traditional New Year...
The US Federal Reserve has raised the bank interest rate from a near-zero level to 0.25 to 0.50 per cent range, for the first time in four years as inflation...
Gulf Today, Staff Reporter The Central Bank of the UAE decided to raise the “base rate” on overnight deposit facilities by 25 basis points, as of Thursday, March 17,...
World share markets edged higher on Thursday after the US Federal Reserve promised to keep its support in place, though another rise in global bond yields and the dollar...
Sri Lanka's central bank on Thursday cut interest rates for the fifth time this year in a new bid to breathe life into the coronavirus-stricken economy. The Central Bank...
To lessen the double whammy impact of subdued demand a long with lower production on account of COVID-19 pandemic, the Reserve Bank of India (RBI) on Friday reduced its...
Egypt’s central bank left its key interest rates unchanged, unexpectedly halting an easing cycle that began in August. The bank kept its deposit rate steady at 12.25% and its lending...
