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Rwanda’s real GDP grows 9.7% in Q1-24 – World Bank
Rwanda's real GDP increased by 9.7 per cent in the first quarter of 2024, surpassing the previous year's growth…
CBE: Non-food items fuel August inflation
Egypt's annual urban headline inflation rose slightly to 26.2 per cent in August 2024, driven by higher prices of…
CBE withdraws EGP1.2t in open market operation auction
The Central Bank of Egypt (CBE) withdrew nearly 1.2 trillion Egyptian pounds from the market on Tuesday through an…
Bank of Russia raises 2024 profit outlook for banking sector
The Bank of Russia on Tuesday raised its profit forecast for the banking sector in 2024.
AfDB grants $6.6m to boost Somalia’s financial architecture
The African Development Bank (AfDB) approved on Tuesday a $6.6 million grant to bolster Somalia's capacity to build…
Moldova secures EIB’s €212m deal for forestry and rail upgrades
The European Investment Bank (EIB) and the Moldovan government signed on Tuesday two key agreements totalling €212…
Bank of Russia to tighten policy amid inflation concerns
The Bank of Russia has indicated the need for additional tightening of monetary conditions to curb inflationary…
Global economy embraces central bank digital currencies
A total of 134 countries, representing 98 per cent of the global economy, are now exploring digital versions of…
ADB offers support to Bangladesh’s interim govt.
The Asian Development Bank (ADB) has expressed its commitment to assisting the Bangladeshi interim government in…
Taiwan c. bank to hold rates steady – poll
Taiwan's central bank is expected to maintain its current policy interest rate this week and likely continue to do…
