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Banks
IFC, Axis Bank launch $500m blue finance initiative in India
The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million loan aimed at…
EBRD offers €24.6m loan to decarbonise Mongolia’s construction sector
The European Bank for Reconstruction and Development (EBRD) is financing the refurbishment of Shunkhlai Holding’s…
Sweden’s inflation rate eases to 1.6% in September ’24
Sweden's preliminary consumer price index (CPI) inflation rate fell to 1.6 per cent in September 2024, down from…
Indian rupee holds steady amidst outflows
The Indian rupee remained stable on Monday despite pressure from equity-related outflows and a decline in regional…
Uganda c. bank cuts rates
Bank of Uganda has cut its benchmark interest rate for the second consecutive time, marking the first back-to-back…
Philippines’ foreign reserves hit $112b in Sep. ’24
The Philippine foreign exchange reserves reached a new all-time high of $112.0 billion at the end of September…
India’s c. bank likely to hold rates amidst economic uncertainty
The Reserve Bank of India (RBI) is expected to keep interest rates unchanged on Wednesday, with some investors…
India’s RBI urges banks to avoid rupee speculation
The Reserve Bank of India advised both state-run and private lenders to avoid excessive speculation against the…
US Treasury yields hit 4% amid strong jobs data
US Treasury yields have surged to 4 per cent, the highest since August, after a robust jobs report led traders to…
S. Korea’s non-financial sector assets increase in Q2
South Korea domestic non-financial sector's total financial assets reached 12,123.7 trillion won in the second…
