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Banks
IMF to mull cutting fees on major borrowers
The International Monetary Fund (IMF) is set to discuss reducing fees for its largest borrowers amid concerns over…
Indonesia c. bank hints at potential rate cut in Q4
Indonesia's central bank governor, Perry Warjiyo, hinted at the possibility of an interest rate cut in the fourth…
Remittances from Egyptian expats surge 73.8% YoY in May – CBE
Egyptians working abroad sent home a significant amount of money in May 2024 as remittances surged 73.8 per cent…
Egypt’s c. bank issues over EGP 8b in fixed coupon t-bonds
Egypt's central bank (CBE) issued fixed-rate treasury bonds (T-bonds) on Monday, raising 8.25 billion Egyptian…
BOJ sees wage growth spreading to regional firms
The Bank of Japan (BOJ) cautiously optimistic on Monday, noting wage hikes spreading to smaller regional companies.
China’s c. bank for more efficient banking liquidity
China's central bank announced a new tool on Monday to improve control over liquidity and interest rates in the…
UK firms less likely to raise prices – BCC
British firms are less likely to raise prices in the coming months, according to a survey by the British Chambers…
China c. bank conducts $280.56m of reverse repos
The People’s Bank of China (PBC) conducted a 7-day reverse repo of 2 billion yuan ($280.56 million) at 1.8 per cent…
Egypt’s net FX reserves hit $46.383b in June – CBE
Egypt’s net foreign exchange reserves rose to $46.383.9 billion by the end of June, compared to $46.125 billion of…
Taiwan’s c. bank puts digital currency launch on hold
The Central Bank of Taiwan (CBC) has no specific timeline for launching a digital currency due to its complexity.
