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Banks
Norway holds rates steady
Norway's central bank (Norges Bank) held its benchmark interest rate steady at 4.50 per cent on Thursday.
ECB prepares banks for a changing risk landscape
Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia…
Swiss franc falls to lowest after SNB rate cut
The Swiss franc experienced a sharp decline against the dollar following the Swiss National Bank (SNB) 25-basis…
Swiss National Bank makes first rate cuts in 9 years
The Swiss National Bank has on Thursday cut its main interest rate by 25 basis points, the first-rate reduction…
Turkey to reconsider rate hike
Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
Most Japanese firms expect 0.25% rate hike in ’24
A Reuters survey revealed on Thursday that most Japanese firms anticipate a rise in interest rates by the central…
H. Kong holds base rate unchanged at 5.75%
The Hong Kong Monetary Authority (HKMA) kept its base rate at 5.75 per cent in line with the US Federal Reserve's…
China has room to reduce reserve ratio– top banker
China's deputy central bank head, Xuan Changneng, stated that there is room for further cuts in banks' reserve…
Egypt’s c. bank auctions EGP 60b T-bills
The Central Bank of Egypt (CBE) is auctioning 60 billion Egyptian pounds in treasury bills (T-bills) on Thursday,…
Egypt’s c. bank cancels MPC March 28 meeting
The Central Bank of Egypt decided to cancel the meeting of the Monetary Policy Committee scheduled for Thursday,…