Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and ...
The Bangladesh Bank is expected to continue its contractionary monetary policy for the second half of the current fiscal year while maintaining the policy rate unchanged at 10%, as the rising ...
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 Central Bank of Kenya (CBK) said the easing of the monetary policy stance was aimed at enhancing economic activities and ...
The world's leading central bank umbrella group, the Bank for International Settlements, has delivered its first public ...
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 ...
Exchange rate appreciated significantly in January 2025, gaining N63.72 against the dollar to close at N1,474.78 per dollar ...