Tag: central
Central African Republic: a drafting committee for a new Constitution invalidated
The Constitutional Court in the Central African Republic on Friday canceled decrees by President Faustin-Archange Touadéra creating a committee responsible for drafting a new Constitution, on a referral from the…
Lira gets a beating: Turkish central bank commits interest rate hara-kiri
Lira gets spanked Turkey’s central bank commits interest rate hara-kiri 09/22/2022, 4:10 p.m The financial world is surprised: Despite the extreme inflation, the Turkish National Bank lowers the key interest…
the Central Bank lowers its rates, the pound at an all-time low
The Turkish Central Bank on Thursday lowered its main interest rate for the second consecutive month, from 13% to 12%, the Turkish lira at the same time reaching its lowest…
Central banks drive rates up and stock markets down
New York (awp/afp) – World stock markets fell on Thursday, digesting many central bank decisions, starting with that of the United States on Wednesday, while the dollar remained at a…
the Central Bank raises its rate to 6.25% against inflation
The Central Bank of South Africa raised its key rate on Thursday by 75 basis points to 6.25%, the second increase in two months, in a context of high inflation.…
the Central Bank raises its rate again to 6.25%
The Central Bank of South Africa raised its key rate on Thursday by 75 basis points to 6.25%, the second increase in two months, in a context of high inflation.…
The dollar hits new highs after the Fed and other central banks
London (awp/afp) – The dollar hit new highs against other major currencies on Thursday, buoyed by further US Federal Reserve (Fed) rate hikes as central bankers met in Japan, in…
Sweden: The central bank surprises with a rate hike of 100 points
by Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank on Tuesday announced a one-percentage-point hike in its key interest rate to 1.75%, a bigger-than-expected rise, and warned that it plans…
The Fed is poised for a big rate hike as the waters turn choppy for the world’s central banks.
The policy decision, due to be announced at 2 p.m. EDT (1800 GMT), will mark the latest step in a synchronized policy shift by global central banks that is testing…
Digital Euro: Amazon chosen by the central bank to prototype user interfaces
Vincent Mannessier September 20, 2022 at 3:20 p.m. 15 © mixmagic / Shutterstock The ECB notably chose Amazon among the companies responsible for creating interface prototypes for its future digital…
Sweden: The central bank surprises with a rate hike of 100 points!
by Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank on Tuesday announced a one-percentage-point hike in its key interest rate to 1.75%, a bigger-than-expected rise, and warned that it plans…
The Central Bank of Argentina restricts access to foreign currency for soybean exporters, which affects the peso.
Argentina’s currency weakened 2.11% 285 per dollar on the parallel black market following the central bank’s decision, which was announced late Monday. According to the measure, soybean exporters who sell…