Tag: central bank

Cairo’s $1.3 Billion Gamble: Can Clearing Oil Debt Revive Egypt’s Energy Future?

Mena Asanga Divulweva -
The Egyptian government has begun accelerating its efforts to pay off the $1.3 billion it owes to international oil...

Is a Broad-Based Trade War emerging

Business & Trade Suraj Atapattu -
Global (Commonwealth) _ The International Monetary Fund (IMF) informed that if there is a broad-based trade war between the...

IMF makes bold move to give Sri Lanka a new…

Asia Sarojini P -
Sri Lanka (Commonwealth Union)_ In a significant development, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva has commended...

South Africa’s Central Bank Takes a Cautious Stance on Interest Rates Amid Global Uncertainty

Africa Warsha De Silva -
Africa (Commonwealth Union) _ South Africans had hoped for a significant interest rate reduction, but the Monetary Policy Committee...

Pakistan to roll out New currency notes with Advanced Security Features

Asia Sarojini P -
Pakistan (Commonwealth Union)_ In a significant development, the State Bank of Pakistan (SBP) announced its plans to issue new...

Bank of Canada still to decide whether to further increase interest rates

Canada and Caribbean admin -
OTTAWA - Further interest rate rises from the Bank of Canada are very much still on the table as...
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Commonwealth Central Bank Governors convene in Marrakesh to…

News from the Commonwealth Secretariat Sarojini P -
UK (Commonwealth Union)_ Commonwealth Central Bank Governors convened on the sidelines of the World Bank and International Monetary Fund...

The Nigerian Central Bank missed the chance to…

Africa Warsha De Silva -
Africa (Commonwealth Union) _ A consortium of Nigerian digital asset experts convened at the Stakeholders in Blockchain Technology Association...

Saudi deposits $2 billion in Pakistan to shore up…

Business & Trade Suraj Atapattu -
Pakistan (Common Wealth) _ Saudi Arabia has provided Pakistan with $2 billion in financial assistance, according to Finance Minister...

Expectations high as india trades!

Maritime and Trade Suraj Atapattu -
India (Common Wealth) _ Indian equities are poised to begin higher on Friday, matching Asian peers, with indexes nearing...

 South Africa’s central Bank warns of…      

Africa Suraj Atapattu -
South Africa (Common Wealth) _ Following a U.S. diplomat's accusation that Russia was providing weaponry to support its campaign...

The gold surge should not be wasted in SA.

Africa Warsha De Silva -
AFRICA ( Commonwealth Union ) _ Particularly the central banks of emerging markets appear to have a renewed demand...

Bank of Canada is poised to keep interest rates unchanged this week.

News Mayondi Maralande -
The Bank of Canada is Canada's central bank, responsible for overseeing the country's monetary policy and financial stability. The...

Do you know where Crypto Is Going?

CUDFN Mayondi Maralande -
Cryptocurrency is a type of digital or virtual currency that uses cryptography for security and operates independently of a...

Time for Samoa’s Central Bank to change monetary policy- IMF

Pacific Mayondi Maralande -
A team from the International Monetary Fund (IMF) led by Mr. Andrew Swiston met with Samoan officials and other...

Sri Lankan central bank wants India and China to reduce their loans

Asia Sarojini P -
Sri Lanka (Commonwealth Union)_ In an attempt to assist the country to begin repaying their debts, the Central Bank...