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Banks
Global banks’ tech revival boosts Indian IT sector
Global banks have resumed technology projects that were paused in 2023, bringing optimism to the $254 billion…
Bank of Russia sells yuan worth 7.3b rouble
The Bank of Russia conducted a yuan sale on the domestic market amounting to 7.3 billion roubles ($79.3 million) on…
Australian banks boost efforts to cut carbon emissions
Leading Australian banks are intensifying their efforts to cut carbon emissions and align with global climate…
Republic of Congo’s economy to ‘gradually’ recover in ’24 –…
The Congolese economy is slowly recovering, with GDP growth projected to rise from 1.9 per cent in 2023 to 3.5 per…
China’s PBC offers 369.2b yuan off reverse repos
People’s Bank of China (PBC) announced on Wednesday seven-day 369.2 billion-yuan reverse repos at an interest rate…
Russian rouble real rate hits 1.8% in July
The real effective exchange rate (REER) of the Russian rouble against the currencies of the country's main trade…
N. Zealand unexpectedly cuts OCR to 5.25
The Reserve Bank of New Zealand (RBNZ) surprised markets on Wednesday by cutting its official cash rate (OCR) by 25…
Egypt c.bank withdraws EGP938.750b in open market operations
The Central Bank of Egypt (CBE) on Tuesday withdrew 938.750 billion Egyptian pounds through an open market…
Rupee holds steady amid c. bank intervention
The Indian rupee closed almost unchanged on Tuesday, supported by the Reserve Bank of India's (RBI) intervention to…
EBRD provides €70m loan to Ukrainian postal sector
The European Bank for Reconstruction and Development (EBRD) has approved a €70 million loan to Nova Post, Ukraine's…
