SNB sells forex worth CHF132.9b in ’23
The Swiss National Bank sold foreign currency totalling 132.9 billion Swiss francs ($149.51 billion) in 2023.
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Inflation
Swiss firms seek central bank support amid strong franc
Swiss industries are calling on the country’s central bank to shift its focus from combating inflation to…
Swiss National Bank to start rate cuts earlier than expected
The Swiss National Bank (SNB) is anticipated to initiate interest rate reductions earlier than previously…
Egypt’s CBE reveals reasons for high inflation in Feb.
Egypt’s annual urban headline inflation rose to 35.7 per cent in February from 29.8 per cent in January, the…
ECB eyes spring rate cuts, inflation defeat in sight
The European Central Bank (ECB) is likely to commence cutting rates in the spring, specifically between April and…
Dollar holds ground as inflation fails to stir traders
The US dollar maintained its stability against various other currencies on Wednesday as traders evaluated how the…
Argentina slashes benchmark rates to 80%
Argentina’s central bank has reduced its benchmark interest rate from 100 per cent to 80 per cent, which aligns…
Egypt’s economy remains resilient amid global challenges – Tarek Fayed
Tarek Fayed, Chairman of Banque du Caire, said on Sunday that the Central Bank of Egypt's (CBE) recent decisions…
S. Africa’s private sector expands in Feb
South Africa witnessed a resurgence in private sector activity in February after a six-month downturn buoyed by…
French inflation hits 2.5-year low
French inflation slowed to its lowest point since September 2021, intensifying discussions about the timing of the…