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Morgan Stanley cuts ’24 oil demand growth forecast to 1.1m bpd
Morgan Stanley has reduced its global oil demand growth forecast for 2024 from 1.2 million barrels per day (mbpd)…
India’s FX reserves climb by $4.5b – RBI data
India's foreign exchange reserves increased by $4.5 billion to reach $674.664 billion in the week ending August 16.
Fed Chair hints at possible rate cuts
The US Federal Reserve Chair Jerome Powell on Friday morning (ET) signaled that the Federal Reserve might lower…
Botswana central bank cuts interest rate by 25bps
The Monetary Policy Committee (MPC) of the Bank of Botswana on Thursday reduced the Monetary Policy Rate (MoPR) by…
No urgency for rate cuts -ECB policymakers
European Central Bank (ECB) policymakers showed no urgency in cutting interest rates during their July meeting but…
Bangladesh c.bank to hike rates to 9%, chief tells BBC
Bangladesh's central bank, Bangladesh Bank is set to raise interest rates to 9 per cent from the current 8.5 per…
China c.bank injects 359.3b yuan via reverse repos
People’s Bank of China (PBC) injected on Thursday 359.3 billion yuan (around $50.44 billion) into the banking…
EBRD invests €10m to boost Romanian retailer La Cocos
The European Bank for Reconstruction and Development (EBRD), alongside private equity firms CEECAT Capital and…
Bank of Korea keeps base rate steady at 3.50%
The Bank of Korea kept the base rate unchanged at 3.50 per cent on Thursday. This decision reflects the Board's…
Egypt c.bank auctions EGP 55b in t-bills
The Central Bank of Egypt (CBE) is offering a total of 55 billion Egyptian pounds in treasury bills (T-bills) on…
