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Banks
Malaysia holds rates steady at 3.0% – BNM
Malaysia's central bank, Bank Negara Malaysia (BNM), kept its benchmark interest rate unchanged at 3.0 per cent.
Egypt’s c. bank offers EGP 50b in T-bills
The Central Bank of Egypt (CBE) on Thursday offered a total of 50 billion Egyptian pounds in two treasury bills…
Mastercard, US banks test tokenised settlement
Mastercard Inc. is teaming up with some of the largest US banks to explore shared-ledger technology, enabling the…
BOJ’s governor signals potential rate hikes
The Bank of Japan (BOJ) governor Kazuo Ueda hinted at a potential shift in monetary policy on Wednesday.
Egypt’s gold reserves hit $9.384b in April – report
Egypt’s gold reserves, a major component of foreign cash reserves, surged to $9.384 billion at the end of April…
UBS job cuts to start late ’24 – CEO
UBS's CEO announced on Tuesday that the bulk of job reductions in Switzerland, the bank’s home market, would…
Egypt’s net FX reserves surge to $41,057b in April – CBE
Egypt’s net foreign exchange reserves rose to $41,057 billion by the end of April 2024, compared to $40.361 billion…
Nigeria imposes 0.5% cybersecurity levy on e-tranfers
Nigeria's central bank announced on Monday it will introduce a 0.5 per cent levy on all domestic electronic…
Australia’s c. bank holds rates steady
The Reserve Bank of Australia (RBA) maintained interest rates at a 12-year high of 4.35 per cent on Tuesday.
Bank of Spain to increase ’24 growth projection in June
The Bank of Spain is set to increase its 1.9 per cent growth forecast for the Spanish economy in 2024, according to…
