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South Korea commits 420T won for green projects
South Korea pledged a massive 420 trillion won ($313.4 billion) in policy loans aimed at funding initiatives that…
China boosts liquidity via ¥5b reverse repo
The People's Bank of China (PBC) announced on Tuesday that it injected 5 billion yuan into the banking system…
Central banks turn to AI for climate risk assessment
Central banks have embarked on a pioneering initiative, utilising artificial intelligence to enhance the assessment…
SNB sells forex worth CHF132.9b in ’23
The Swiss National Bank sold foreign currency totalling 132.9 billion Swiss francs ($149.51 billion) in 2023.
Ugandan shilling steady on Tuesday
The Ugandan shilling was steady on Tuesday but expected to strengthen, underpinned by inflows of dollars from…
Uganda’s gold exports surge in ’23
Uganda witnessed a remarkable surge in gold exports in 2023 despite facing US sanctions on a major processor within…
Egypt expects over $20b FX inflows post IMF deal – FinMin
Egypt’s Minister of Finance Mohamed Maait said on Tuesday that the anticipated foreign cash inflows are estimated…
Africa’s biggest economies likely to hold interest rates
Central banks in Africa’s biggest economies are expected to diverge from their Latin American and European…
Egypt’s c. bank offers EGP 100b fixed-return deposits
The Central Bank of Egypt (CBE) on Tuesday announced it has auctioned fixed-rate deposits for a seven-day term,…
Japanese banks to profit following BOJ elimination of negative rates
Japanese banks are set to generate profits in yen from interest on their deposits with BOJ following the…
