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Banks
China’s c. bank adds $2.8b liquidity via reverse repos
China's central bank injected two billion yuan ($281.42 million) into the banking system on Tuesday through…
S. Korea to hold rates steady at 3.50% – poll
The Bank of Korea will likely maintain its key interest rate at 3.50 per cent for the 11th consecutive meeting on…
Nigeria’s naira decline prompts rate discussions
The Nigeria's naira has sharply declined since mid-April, with a 28-year high inflation rate likely prompting the…
Australia’s central bank holds interest rate at 4.35% for May
Australia’s central bank considered raising interest rates at its May policy meeting but ultimately decided to keep…
Summer could bring rate cut – Bank of England’s Broadbent
The Bank of England is considering a potential reduction in interest rates in the upcoming months, Deputy Governor…
JPMorgan raises NII forecast to $91b
JPMorgan Chase revised its forecast for net interest income (NII) on Monday, which represents the earnings from…
ABK-Egypt reports significant Q1 ’24 financial growth
Al Ahli Bank of Kuwait-Egypt (ABK-Egypt) reported on Monday a substantial increase in its Q1 2024 financial…
Qatar’s IPI surges to 100.2 points in March
Qatar's Industrial Production Index (IPI) surged to 100.2 points in March, marking a robust 4.7 per cent surge from…
China’s c. bank injects $2.8b into banking system
The People's Bank of China injected 2 billion yuan ($281.52 million) into the banking system through reverse…
China holds inyterest rates steady at 3.45%
Chinese banks kept their benchmark lending rates on Monday.