Search Results - GulfToday

Suggestions

    SHOWING 111 Results

    Argentina’s CB cuts dollar purchase limit sharply

    29 Oct 2019

    Argentina’s central bank (CB) is implementing stern measures to control foreign exchange (forex) reserves. Banco Central de la Republica Argentina (BCRA) announced on Monday it would sharply cut the amount of dollars individuals could purchase.

    Pakistan passes IMF-backed law for central bank autonomy

    29 Jan 2022

    Prime Minister Imran Khan and his finance team have accused previous governments of interfering in the bank's operations such as propping up the rupee artificially to the detriment of imports.

    Tunisia Central Bank raises key rate by 75 bps to curb inflation

    31 Dec 2022

    Tunisia’s central bank raised its key interest rate by 75 basis points to 8 per cent from 7.25 per cent to combat high inflation, the bank said, marking the third hike this year.

    Australia, Malaysia, Singapore and S. Africa launch new digital scheme

    02 Sep 2021

    Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank digital currencies (CBDC)

    Brazil’s central bank makes first interest rate hike in six years

    18 Mar 2021

    Brazil’s central bank (CB) delivered its first interest rate hike in nearly six years on Wednesday, a larger-than-expected 75 basis point increase to 2.75%, and flagged a similar move in May to fight inflation despite rising economic uncertainty.

    Swiss CB balance sheet nears $1.08 trillion after FX spending

    22 Mar 2021

    The Swiss National Bank can expand its balance sheet further if necessary, the central bank said on Monday, after its annual report showed it ramping up foreign currency interventions to 110 billion Swiss francs ($118.27 billion) during 2020.

    Russia’s Central Bank holds key interest rate at record low level

    13 Feb 2021

    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.

    India shortlists four state-run banks for privatisation: Report

    16 Feb 2021

    India’s government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, a report said.

    BoJ must focus on keeping  entire yield curve ‘stably low’

    08 Mar 2021

    Bank of Japan (BOJ) Deputy Governor (DG) Masayoshi Amamiya said on Monday the Central Bank must focus on keeping the entire yield curve “stably low” for the time being, as the economy continues to suffer from the coronavirus pandemic.

    CBUAE issues new Consumer Protection Regulation

    01 Feb 2021

    The Principles-Based Regulation sets out key objectives to ensure protection of consumers’ interest in their use of any financial product, service and relationship with Licenced Financial Institutions (LFIs).

    111 Results