Tag: central bank.
The People’s Bank of China says it would cut the reserve requirement ratio by 50 basis points for all banks.
This fiscal stimulus is a timely boost for a government that is looking to step up spending as it deals with a rapidly slowing economy.
The Philippines is following the likes of India, New Zealand and Thailand in cutting interest rates.
Markets await decisions on rate cut from central banks across Australasia.
The lira drops immediately after the policy announcement.
The investigation reveals that Gabriel Makhlouf’s actions fell short of expectations but they did not warrant dismissal.
Central banks are resuming their first-responder role as the world economy runs into trouble even if they lack the firepower they once had at their disposal.
Weidmann says the current situation does not require for the ECB need to react with any economic programs or further stimulus.
Rehn says the person to succeed Draghi must be qualified in both monetary and financial policy as well as capable in team play.
Baqir's appointment comes after former governor Tariq Bajwa and Federal Board of Revenue Chairman Mohammad Jehanzeb Khan were fired because of their “performance,”
Despite its fast-growing economy, Filipino policymakers have to grapple with soaring inflation and raising its benchmark interest rates.
Last year's series of interest-rates increment in the Philippines will ease its monetary policy.
Sri Lanka is on high alert after an explosion occurred east of Colombo and a bomb scare at its Central Bank.
The rupiah led losses among emerging Asian currencies in early Thursday trading.
It is a stark contrast from as recently as 4 months ago when the prospect of further Fed hikes was pummelling the region’s currencies and pressuring current account deficits.
The gold was removed in government vehicles last week when there were no regular security guards present at the bank.
Kholifey also says he does not expect deflation in Saudi Arabia thanks to consumer demand and real estate loans.
Espenilla was a three-decade veteran of the central bank when he took office in July 2017.
Philippine president approves amendments to the central bank charter that would expand its powers, restore the institution’s ability to issue debt, and pave the way for additional government capital.
The comments come a month after Sun wrote a commentary in which he argued that problems with timely capital replenishment.
Former officials at the banks face trial over allegations they sold grossly overvalued shares to small investors and lent money to clients on condition that it would be partly used to buy the shares.
Monetary authorities will have to gauge how recent tightening impacted credit, interest rate and inflation expectations.
Philippine's central bank governor says policy responses will be data dependent, timely and appropriate.
The People's Bank of China says the injection is to maintain reasonably ample liquidity in the banking system.