Tag: central bank
-
“Too big to fail” risk hangs over commodities
The giants that dominate global commodity trading face unprecedented unpredictability Javier Blas, Bloomberg March 19, 2022, 7:30 p.m. Last modification: March 19, 2022, 7:38 PM The ... -
China is committed to deploying pro-market policies; stocks soar
BEIJING, March 16 (Reuters) – Chinese Vice Premier Liu He, China’s economic czar, on Wednesday called for market-friendly policies to support the economy and caution in ... -
Let’s start raising interest rates
The Federal Reserve’s delays in raising interest rates and its continued misinterpretation of inflation, monetary and fiscal policies are now complicated by the negative supply shock ... -
Cash or card? Confusion rages over Lebanon’s new payment system
Supermarket owners in Lebanon have blamed the “hard measures” of the Banque du Liban for introducing a new payment system for their customers. The change in ... -
Gold Loves Recessions – Could High Interest Rates Cause One?
As we can see, each time the CPI cancellation rate has peaked above 5%, it has been accompanied or followed by a recession. The last such ... -
Freshta Karim explains how to change the lives of Afghan women
IT IS THE first International Women’s Day in years that I will not be at home in Afghanistan. I write to mark it instead of the ... -
The financial system resists the first week of sanctions against Russia
The unprecedented economic sanctions imposed on Russia in response to its invasion of Ukraine represented a calculated risk. The US, EU and other governments reacted to ... -
Rising interest rates do not attract deposits – The Himalayan Times – Nepal’s No.1 English Daily Newspaper
KATHMANDU, MARCH 1 Even though commercial banks have raised interest rates on deposits, deposit collection remains subdued. According to the latest data provided by the Nepal ... -
Central Bank of Russia says domestic banks have sufficient reserves amid mounting sanctions
Elvira Nabiullina, Governor of the Central Bank of Russia, at a press conference on Monday, February 28, said that the Russian economy is facing a non-standard ... -
OFAC implements additional sanctions against Russian financial sector and individuals – International Law
United States: OFAC implements additional sanctions against Russian financial sector and individuals February 24, 2022 Thompson Hine LLP To print this ... -
It’s Russian banks and the US-sanctioned ‘elite’
Two Kremlin-backed banks and the sons of three cronies of Russian President Vladimir Putin are among the first targets of US sanctions for what President Joe ... -
Banking, a sector that is quick to emerge from the crisis
Profits hit a record high just a year after the Covid-19 pandemic brought economic activities to a halt. [iStockphoto] Winston Churchill made a famous observation during ... -
Joe Biden cannot abandon Afghanistan to starvation
Few Americans have kept abreast of the catastrophic consequences that the US withdrawal from Afghanistan and the subsequent Taliban takeover have had for that country. Prior ... -
Half of the frozen Afghan funds will be used to help the Afghans. Rest can go to 9/11 families: NPR
ARI SHAPIRO, HOST: When the Taliban took control of Afghanistan last year, the US Treasury Department froze Afghan government funds that were being held here in ... -
LIVE MARKETS Options market skeptical of CPI data
European stocks were little changed U.S. inflation data at a glance Delivery Hero slumps as advice disappoints Nasdaq futures fall slightly February 10 – Welcome home ... -
Bundesbank’s Joachim Nagel calls on Europe to tighten its financial belt
Germany’s new central bank chief said it was time for Europe to tighten its financial belt by ending the one-off monetary and fiscal stimulus that helped ... -
European sovereigns turn the crisis to their advantage
Europe’s major sovereign debt issuers are confident they emerged from the global public health crisis in better shape than before the pandemic, albeit for different reasons. ... -
Afghanistan ‘hanging by a thread’: UN chief sounds alarm over humanitarian crisis
Afghanistan “hangs by a thread”, United Nations Secretary-General Antonio Guterres told the Security Council on Wednesday, calling on countries to authorize all transactions necessary to carry ... -
Reviews | Let the innocent Afghans have their money
But even a deal that funnels money into a humanitarian trust fund for Afghanistan seems unlikely to bolster Afghanistan’s central bank, which needs foreign currency to ... -
Top rated bonds “just don’t make sense,” says veteran Dan Fuss. Buy them instead.
Text size “It makes no sense to buy good corporate loans at current yields.” —Dan Fuss. Victor J. Blue / Bloomberg The putative ‘bond kings’ have ... -
Chinese stocks close higher, pulled by real estate stocks; annual sales reach a record high
Chinese stocks closed higher on Friday, led by real estate developers and energy news stocks, after the chairman of the securities regulator said the country would ... -
Sri Lanka closes three foreign missions as dollar crisis deepens
Sri Lanka on Monday announced the closure of three diplomatic missions abroad as part of an attempt to restructure to save badly needed foreign exchange reserves ... -
Liquidity crisis in Nepal: alcohol, cosmetics and vehicles, among others, become more expensive amid restricted imports
Citing the liquidity crisis in the market, Nepal’s regulatory bank, Nepal Rastra Bank, on Monday introduced a new policy that is expected to increase the cost ... -
China’s easing fails to quell Evergrande’s nervousness in real estate sector
Evergrande’s slow-motion collapse spilled over into China’s real estate industry on Monday, as real estate stocks fell despite assurances from Beijing that they would back “quality” ... -
Sri Lanka crisis deepens after being hit by further degradation
In response to the current economic crisis in Sri Lanka, Fitch Rating has lowered the long-term default rating of the country’s foreign currency issuers (IDRs) to ... -
IMF Executive Board Concludes Annual Discussions on CEMAC Common Policies and Common Policies in Support of Member Countries’ Reform Programs
Download logo The IMF Executive Board concludes annual discussions on CEMAC common policies and common policies in support of member countries’ reform programs. The pandemic crisis ... -
DafriBank Digital and other African digital banks heat up the competition in 2021 | The Guardian Nigeria News
Founded by Ziggy Xolane Ndhlovu, DafriBank Digital is transforming old commercial banking systems with its revolutionary digital banking model. It opens up new opportunities for emerging ... -
Why is the money about to disappear in Afghanistan?
Afghanistan is on the verge of collapse, with crisis, both economic and humanitarian, crippling the citizens of the nation. And it is already a weak economy ... -
Digital DafriBank proves a tough nut to crack among the best digital banks in the industry
One of the best African business journalists, Ngeke Leteba, recently wrote in a review of the best digital banks in Africa: “DafriBank is the best and ... -
Looming crisis in Afghanistan directly affects Pakistan and Iran, PM Khan says
TEHRAN – Pakistani Prime Minister Imran Khan has criticized the continued freezing of Afghan assets by the United States as the war-affected country grapples with a ... -
Reversing the reverse repo status quo needed to give economic recovery more time to strengthen: report
Amid growing fear of the new variant of the Omicron coronavirus and ahead of the MPC meeting, SBI internal economists urged the central bank to delay ... -
Fraudulent websites offering quick loans target vulnerable people before Christmas, Gardaí warns
WEBSITES OFFERING QUICK, Unsecured Loans target financially vulnerable people before Christmas, Gardaà warned. The Garda National Economic Crime Bureau is warning the public of continued advance ... -
BB decides not to mop funds for a month to deal with liquidity crisis
TBS Report December 02, 2021, 11:45 a.m. Last modification: 02 December 2021, 11:53 Bangladesh Bank File Photo: Salahuddin Ahmed / TBS “> Bangladesh Bank File Photo: ... -
Osinbajo, others insist on added value and development of the commodity market | The Guardian Nigeria News
Vice President Yemi Osinbajo said yesterday Nigeria needs to deepen value addition to help create jobs and grow the commodities market. To achieve this, Osinbajo said ... -
Why the bond market has become more nervous
November 27, 2021 JSOULS MADDISON was sure he had scored. As his free kick broke through the wall of Arsenal players, a goal seemed certain. Somehow, ... -
Rising import costs, demand for credit and global inflation could trigger a liquidity crisis
Economists and bankers warn of looming liquidity crisis in banking Rising import costs, demand for credit, rising international prices and the return to normal economic activities ... -
Navigating the headache of inflation | Cash flow and risk
In recent months, the rise in prices has impacted our daily lives. The cost of everything from cars and food to lumber and plane tickets has ... -
GOP describes Biden’s choice for banking regulator as radical
President Joe Biden’s choice to head one of the agencies responsible for overseeing the banking sector was the subject of fierce questioning Thursday from Republican senators, ... -
Why the West must continue to push for Tunisian democracy
Western countries have been relatively timid in their response to Tunisian President Kais Saied’s takeover. Unlike their rapid suspension of aid to Sudan after the recent ... -
Global holdings of Chinese stocks and bonds increase by $ 120 billion in 2021
Global holdings of Chinese stocks and bonds have jumped by around $ 120 billion in 2021 as international investors seek returns in the country’s markets despite ... -
UN urgently needs money in Afghanistan, but struggles to find a solution
By Jonathan Landay and Michelle Nichols WASHINGTON / NEW YORK, October 28 (Reuters) – The United Nations cannot get enough money in Afghanistan to provide humanitarian ... -
Modernize regulations or risk an economic crisis of the 1980s
The recent announcement by post of its entry into the banking industry is a stark reminder of how we seem to have forgotten the causes of ... -
With Ant Group overhaul, its record IPO is in limbo | Business and Economy News
Days after China stifled the largest initial public offering in history, Ant Group Co. assembled its investment bankers at a Hong Kong convention center overlooking Victoria ... -
Bitcoin is part of pitch as El Salvador courts IMF deal
(Bloomberg) – Bloomberg’s Most Read Adoption of Bitcoin, the first of its kind in El Salvador, will not be an obstacle for the government to reach ... -
RBI should follow Fed on rate hikes
We expect the Monetary Policy Committee (MPC) to keep all policy rates unchanged during the next monetary policy on October 8. Just as the US Fed ... -
Ruling FdT congressman in Argentina wants bank deposits to be nationalized, Perón style – MercoPress
Ruling FdT congressman in Argentina wants bank deposits to be nationalized, Perón style Friday, October 1, 2021 – 8:00 p.m. UTC Martiarena has become a thug ... -
Business This Week | The Economist
Sep 25, 2021 Listen to this story Your browser does not support the item . Enjoy more audio and podcasts on ios Where Android. A global ... -
Structural bull run in Indian stock market remains intact: Chris Wood
Even as local authorities rush to cushion the fall of the Evergrande group – China’s second-largest real estate developer in terms of sales – which can ... -
Gold and silver both fall before the European open
Editor’s Note: With such market volatility, stay up to date with the daily news! In minutes, discover our quick summary of today’s must-see news and expert ... -
Could China’s $ 18.6 billion cash injection amid Evergrande crisis benefit crypto markets? – Bitcoin – United States dollar ($ BTC)
The People’s Bank of China injected $ 18.6 billion into the banking system after the Evergrande debt crisis sent shockwaves through most financial markets, including cryptocurrencies. ... -
Stocks fall in Hong Kong; most other Asian markets closed
Shares fell more than 3% in Hong Kong on Monday in thinned trading during the Asian holiday, with other major markets in Tokyo and Shanghai closed. ... -
“Be Very Cautious” – Garda Warns Fraudsters Target Desperate People For Short-Term Loans With “Upfront Fee” Scam
People looking for loans online are being urged by gardaà to be extremely careful with who they deal with after a recent increase in the number ... -
DMOs reassure investors with a political response
Investors hailed the decisive nature of the political response by financial authorities and sovereign borrowers to the global public health crisis. This response was all the ... -
Gold Claws regains ground after lightning crash early in the morning
(Bloomberg) – Gold has recouped most of its losses after falling sharply at the start of Asian trading, but remains under pressure as bets mount that ... -
Peru’s new president must appease markets to save economy
Published on: 07/20/2021 – 23:02 Lima (AFP) Peru’s newly elected president, leftist trade unionist Pedro Castillo, faces an uphill battle to build the market confidence he ... -
Inflation: High Inflation & Liquidity, Asset Price Bubble: What Can the RBI Do Now?
NEW DELHI: In the 1960s, economists John Fleming and Robert Mundell developed a theory called the Impossible Trinity, which claimed that no central bank can achieve ... -
Utilities still unable to deliver despite naira 1.5 billion in funding – Economic Confidential
electricity Electricity companies still unable to deliver despite funding of 1.5 billion naira Power companies, mostly private entities, may have secured around 1.5 trillion naira from ... -
IMF staff reaffirm continued recovery of Saudi economy (SPA)
RIYAD: The staff of the International Monetary Fund (IMF) reaffirmed the continued recovery of the Saudi economy and the slowdown in consumer price index (CPI) inflation, ... -
Banks can’t afford to continue ignoring cryptocurrencies
As crypto continues to gain traction, with the emergence of spending portals around the world, central banks are looking for alternatives. Increasingly, retail banking customers and ... -
Spanish Socialist Workers’ Party signs public initiative on digital currency
The Spanish Socialist Workers’ Party (PSOE), the ruling political body in Spain, supports a new national digital currency initiative. The PSOE, Spain’s oldest active party and ... -
IMF Executive Board concludes 2021 Article IV consultation with Hungary
Washington, DC: On June 18, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Hungary and approved the staff ... -
Stablecoin growth is “exponential”, deserves “attention”
While a presentation yesterday by Boston Federal Reserve Chairman Eric Rosengren scared some members of cryptoTwitter about regulation and supervision, the central bank might just be ... -
Dow has worst week of year on rate hike fears
It appears the market reacted late to the moderately hawkish Fed announcement earlier this week, with stocks falling more than 1% a few days later than ... -
Central bank stress test shows UAE banking sector remains strong
The UAE’s banking system remains resilient despite a challenging operating environment due to the fallout from the COVID-19 pandemic, according to the results of the latest ... -
Castillo in Peru will respect market economy if declared winner of elections, adviser says
Peruvian presidential candidate Pedro Castillo addresses his supporters from the headquarters of the “Free Peru” party in Lima, Peru on June 8, 2021. REUTERS / Alessandro ... -
Explained: Why Indian Companies Are Worried About Second Wave Covid
The second wave of Covid-19 is in decline, but states have yet to ease local lockdown-like restrictions, resulting in reduced economic activity. As a result, the ... -
Regulators want to avoid future explosions in Treasuries. An idea is popular.
Text size Federal Reserve Chairman Jerome Powell. Kevin Dietsch / Pool / Getty Images More than a year after the pandemic, US officials are looking for ... -
Gold and silver fall leading to European opening
Editor’s Note: With such market volatility, stay up to date with daily news! Take a minute to read our quick summary of today’s must-see news and ... -
Explained: The Importance of the $ 200 Million Currency Swap Bangladesh Approved for Sri Lanka
Bangladesh’s central bank approved a $ 200 million currency swap facility in Sri Lanka. What does this mean and why is it important? What’s the arrangement? ... -
Actions and dollar rise as Fed officials downplay inflation concerns
NEW YORK (Reuters) – Global equity markets advanced and the US dollar rallied against major currencies on Wednesday for the first time this week as Federal ... -
Fintech megatrends are transforming our relationship with money
The Wharton Global Youth Program Future of the business world The online course asks high school students to think deeply about how the business landscape will ... -
Kenya seeks to govern digital lending rates
The central bank of Kenya is proposing new legislation to govern the interest rates charged on loans from digital lenders. Online lenders will need the green ... -
Even “Beto” Won’t Lend You, Because Usury Law Affects Quick Loans
(QCOSTARICA) The entry into force of the reform which established a ceiling interest rate on loans and credits generated changes in the fast lending sector, including ... -
Central Bank sets maximum interest rate for credit cards
(QCOSTARICA) The Banco Central de Costa Rica (Central Bank) published early Friday morning the maximum interest rates for credit operations in colones, dollars and other currencies, ...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/D6DHQIE67BOBPKJ6K5HDXN55KU.jpg)
