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Banks
EBRD names Mark Davis as new managing director for SEMED region
The European Bank for Reconstruction and Development (EBRD) announced on Wednesday that it had appointed Mark Davis…
Bank Indonesia cuts interest rate to 6%
The Bank Indonesia Board of Governors Meeting decided to lower the interest rate by 25 basis points to 6.00 per…
WB forecasts bright future for Solomon Islands
The World Bank reported that Solomon Islands can achieve upper-middle-income status by 2040 by focusing on…
CBE: Egypt’s issued banknotes up to EGP 1.273t by May ’24
The Central Bank of Egypt (CBE) reported on Wednesday that issued banknote reached 1.273 trillion Egyptian pound by…
Egypt’s reserve money M0 posts EGP 1.968t in August – CBE
Egypt’s reserve money (M Zero) dropped to 1.968 trillion Egyptian pounds at the end of August 2024, from 1.992…
China’s PBC announces 568.2b yuan reverse repo
People’s Bank of China (PBC) announced on Wednesday a seven-day 568.2 billion-yuan reverse repo at an interest rate…
JPMorgan CEO to visit Africa for expansion push
JPMorgan Chase CEO Jamie Dimon is set to return to Africa in mid-October, marking his first visit in seven years,
US industrial production rebounds in August
US industrial production staged a strong recovery in August, Federal Reserve data showed on Tuesday.
Egypt c.bank takes part in New Beginning for Human Development Initiative
The Central Bank of Egypt (CBE), in partnership with the banking sector, is participating in the government's New…
Canada’s inflation slows to 2%
Canada’s Consumer Price Index (CPI) inflation rose 2.0 per cent on a year-over-year basis in August, its lowest…
