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Banks
China c.bank injects 7.1b yuan in reverse repos
People’s Bank of China (PBC) announced on Thursday seven-day 7.1 billion yuan (about $993.6 million) reverse repos…
India c.bank keeps rate unchanged at 6.50%
The Reserve Bank of India kept the policy repo rate unchanged at 6.50 per cent on Thursday. Consequently, the…
Japan’s 30-year bond auction draws interest
Japan's recent auction of 30-year sovereign notes garnered substantial interest on Thursday, as the rise in yields…
EGP stable against USD in Thursday early trade
The Egyptian Pound (EGP) remained stable against the US Dollar (USD) at the start of trading on Wednesday, August…
Philippines c. bank lifts moratorium on digital banks
The Central Bank of the Philippines (BSP) lifted its moratorium on new digital banking licenses effective January…
Egypt’s expats remittances double in June – CBE
Egypt's remittances from its abroad workers increased in June 2024 for the fourth consecutive month, rising by 65.9…
ECB may slash rates again if inflation eases- Rehn
The European Central Bank (ECB) could continue to cut interest rates if there is increased confidence in the…
China halts gold buying for 3rd straight month
China’s central bank has extended its pause on gold purchases for a third consecutive month, even as the precious…
Romania’s central bank considers 2nd rate cut
Romania's central bank is facing a tough decision on whether to cut interest rates again amid a global market…
Egypt’s gold reserves climb 4.1% in July – CBE
Egypt’s gold reserves surged 4.1 per cent to $9.883 billion at the end of July up from $9.485 billion at the end of…
