Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and ...
The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...
The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.
The Nigerian currency improved against the United States dollar in the foreign exchange market following policies introduced ...
The latest movement in the parallel market comes as the Central Bank of Nigeria (CBN) reported an official exchange rate of N1,493/$1 as of Thursday. On Friday, the CBN’s rates indicated that the ...
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has ...
The Central Bank of Kenya (CBK) said the easing of the monetary policy stance was aimed at enhancing economic activities and ...
The decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020 ...
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
The central bank enacted a widely expected interest rate cut, from 4.75% to 4.5%. However, the... Posted on 7 Feb at 8 AM Tags: At the time of writing the GBP/CAD exchange rate traded at CA$1.7772.