DUBAI (Reuters) – Saudi Arabia’s central bank governor said it was encouraging commercial banks to lend more to sustain businesses during the coronavirus crisis. Saudi Arabian Monetary Authority (SAMA) Governor Ahmed al-Kholifey was speaking at a virtual econo... More »
SHANGHAI (Reuters) – China’s central bank unexpectedly cut the rate on reverse repurchase agreements by 20 basis points on Monday, the largest in nearly five years, as authorities ramped up steps to relieve pressure on an economy ravaged by the coronavirus pan... More »
RIYADH/WASHINGTON (Reuters) – Central bankers from the United States, Japan and the euro zone meeting in the desert kingdom of Saudi Arabia this weekend had their own shifting sands to cross – those of elusive inflation. The problem facing all three is that pr... More »
ISTANBUL (Reuters) – Turkey has reduced the range and the levels of fees and commissions that banks can charge clients, according to central bank and banking watchdog regulations announced on Monday. The measures will cut the various charges banks can charge f... More »
PARIS (Reuters) – Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge of issuing it, not private companies, Bank of France Governor Francois Villeroy de Galhau said on Saturday. Spurred by the r... More »
RIYADH (Reuters) – Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco’s initial public offering (IPO), its governor said on Sunday. Saudi Arabian Monetary Authority gove... More »
MOSCOW (Reuters) – Russia’s central bank sees some room to further cut its key rate, First Deputy Governor Ksenia Yudayeva said on Monday. “…in principle, we currently see certain room for a further reduction, but we have to follow the situation very closely, ... More »
BUENOS AIRES (Reuters) – Argentina’s central bank announced early Monday morning it would sharply cut the amount of dollars individuals could buy, amid concerns over outflows of foreign exchange reserves accelerating after President Mauricio Macri was voted ou... More »
AMSTERDAM (Reuters) – The Dutch central bank said on Tuesday it would require banks to retain 3 billion euros ($3.31 billion) in additional capital to compensate for risks posed by mortgage portfolios. In its autumn report on financial stability, De Nederlands... More »
OSLO (Reuters) – Norway’s central bank is expected to keep interest rates on hold on Aug. 15 while signaling that a hike will likely follow later this year amid solid growth, above-target inflation and currency weakness, a Reuters poll of economists showed. De... More »
MUMBAI (Reuters) – Reserve Bank of India (RBI) Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term in office, citing personal reasons, the central bank said on Monday, confirming a media report. Acharya’s departure was no... More »
CAIRO (Reuters) – Egypt’s central bank is likely to maintain interest rates at its meeting on Thursday, a Reuters poll showed on Monday, although some analysts predicted a cut ahead of expected fuel price increases this summer. Eight out of 12 economists polle... More »
ACAPULCO, Mexico (Reuters) – Various companies in Mexico, including Uber Technologies Inc., have shown interest in using a new mobile payments system developed by the country’s central bank that seeks to promote financial inclusion, the head of the bank said o... More »
STOCKHOLM (Reuters) – Uncertainties about the global economy mean Sweden’s central bank needs to move cautiously in tightening policy after its first hike in more than seven years, minutes of its December meeting published on Wednesday showed. Last month, the ... More »
FILE PHOTO – Bank of Korea Governor Lee Ju-yeol speaks during a news conference in Seoul, South Korea, November 30, 2017. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea has reappointed current central bank chief Lee Ju-yeol for another term on Friday, a mov... More »
Greece will need a financial "safety net" after its bailout ends in August and should consider a precautionary support program, the central bank governor said on Monday. More »
FILE PHOTO: The sign for Sweden’s central bank is pictured in Stockholm, Sweden, August 12, 2016. REUTERS/Violette Goarant STOCKHOLM (Reuters) – One of the Swedish central bank’s most hawkish rate-setters, Deputy Governor Martin Floden, has had his mandate ext... More »
Broken representation of the Bitcoin virtual currency, placed on a monitor that displays stock graph and binary codes, are seen in this illustration picture, December 21, 2017. REUTERS/Dado Ruvic/Illustration SINGAPORE (Reuters) – The head of Singapore’s centr... More »
FILE PHOTO: An Israeli flag flutters outside the Bank of Israel building in Jerusalem August 7, 2013. REUTERS/Ronen Zvulun/File Photo JERUSALEM (Reuters) – The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system... More »
KIEV (Reuters) – Ukraine’s central bank said on Monday a failure to cooperate with the International Monetary Fund and the inefficiency of state lenders were among the biggest risks to the country’s financial stability next year. Backtracking by the government... More »
A waitress poses with some coins in front of a cash-box of Danish crowns in a pub in Copenhagen, January 22, 2015. REUTERS/Fabian Bimmer COPENHAGEN (Reuters) – Introducing a digital version of the Danish crown currency would pose risks to financial stability w... More »
Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration FRANKFURT (Reuters) – Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble. B... More »
Singapore's labor demand is expected to improve in the near term but accumulated slack in the market will take time to be absorbed and wage pressures are unlikely to build up rapidly, the central bank said on Friday. More »
Tanzania's President John Magufuli said on Monday he had appointed Florens Luoga, a taxation expert, as the country's new central bank governor. More »
Fostering monetary conditions conducive to economic growth were a constant consideration for Indian policymakers, but would not take priority over achieving the central bank's inflation target, Governor Urjit Patel told a newspaper on Monday. More »
China's central bank issued a statement on Monday on the implementation of U.N. Security council resolutions without specifying which resolutions or the affected parties. More »
FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo South Korea’s economy is expected to see gradual improvement this year thanks to manufacturing and services, the country’s central ... More »
Incoming Philippine Central bank Governor Nestor Espenilla speaks during a news conference at the Bangko Sentral ng Pilipinas in Manila, Philippines May 9, 2017. REUTERS/Karen Lema The Philippines central bank is closely watching the rapid pace of domestic cre... More »
Bank of Korea Governor Lee Ju-yeol speaks during a news conference at Seoul Foreign Correspondent’s Club January 22, 2015. REUTERS/Kim Hong-Ji South Korean President Moon Jae-in said on Monday unemployment was “very serious” and it could turn into a national c... More »
Public sector investors plan to raise exposure to real estate, infrastructure, green bonds and renewables over the coming year, while cutting holdings of low-yielding government bonds, an annual survey showed on Monday. More »
A Saudi money exchanger counts Saudi riyals in Riyadh August 4, 2008. REUTERS/Fahad Shadeed The Saudi Arabian central bank’s foreign assets fell in April as the government borrowed heavily abroad, according to official data that suggested Riyadh was bringing m... More »
Two people walk towards the entrance of the Reserve Bank of New Zealand located in the New Zealand capital city of Wellington, March 22, 2016. REUTERS/Rebecca Howard/File Photo New Zealand’s central bank on Monday said that a world of “radical uncertainty” has... More »
FILE PHOTO: Joggers run past the Bank of Canada building in Ottawa July 17, 2012. REUTERS/Chris Wattie/File Photo The Bank of Canada may not be known for its humor but it marked the nation’s 150th anniversary with a bit of whimsy, embedding a computer code in ... More »
People walk past the Reserve Bank of India (RBI) building in New Delhi, India. Picture taken March 2, 2016. REUTERS/Anindito Mukherjee A proposal by India’s central bank to set up new private or state companies that would buy up bad debt from lenders was met w... More »
Alejandro Diaz de Leon, the newest member of the Mexican central bank, speaks on the phone before an interview with Reuters in Mexico City, Mexico February 20, 2017. REUTERS/Jose Luis Gonzalez Mexico’s central bank faces difficult decisions as it balances a sp... More »
The Reserve Bank of India (RBI) Governor Urjit Patel speaks during a news conference after the bimonthly monetary policy review in Mumbai, India December 7, 2016. REUTERS/Danish Siddiqui/File Photo Denny Jose, a small-town caterer in the southern Indian state ... More »
The Reserve Bank of India (RBI) Governor Urjit Patel smiles while attending a seminar during the Vibrant Gujarat investor summit in Gandhinagar, India, January 11, 2017. REUTERS/Amit Dave The governor of India’s central bank said it needs to look beyond recent... More »
India’s central bank needs to ensure that the hard earned gains with regard to macro-economic stability are maintained and able to withstand global financial volatility, said Governor Urjit Patel in an interview to CNBC-TV18 news channel. More »
The political party of Philippine leader Rodrigo Duterte has backed Antonio Moncupa, the president of mid-sized lender East West Bank and head of the party’s policy think tank, to become the next governor of the country’s central bank More »
A notice is displayed outside an ATM counter which is no longer dispensing cash in Chandigarh, November 14, 2016. REUTERS/Ajay Verma India’s central bank said on Monday it will set up a task force under Deputy Governor SS Mundra to oversee the recalibration of... More »
The Saudi Arabian central bank hopes interbank money rates SAIBOR= continue to fall, central bank governor Ahmed al-Kholifey told a news conference on Monday. More »
People walk on a zebra crossing in front of the buliding of Bank of Korea in Seoul, South Korea, July 14, 2016. REUTERS/Kim Hong-Ji South Korea’s economy is expected to see gradual improvement in coming months thanks to services and domestic consumption, the c... More »
SINGAPORE The Singapore central bank’s current monetary policy stance remains appropriate and only a marked worsening in the global economy or significant shift to the inflation outlook would prompt a change, its managing director said on Monday. The Monetary ... More »
BEIJING Liberalizing China’s interest rates is a key element of financial reform, the country’s central bank said on Monday, adding that cutting borrowing costs and lowering the amount of cash banks must keep as reserves do not equate to quantitative easing. T... More »
MUMBAI The Reserve Bank of India is expected cut its key repo rate to a four-year low on Tuesday to help support the domestic economy at a time when consumer inflation is at a record low, but may express caution about easing further as price risks still loom. ... More »
