MEXICO CITY, March 27 (Xinhua) -- The Central Bank of Mexico (Banxico) said Thursday it will again lower the benchmark interest rate amid the uncertainty generated by the changing economic policy in the United States.
ISTANBUL, March 26 (Xinhua) -- Türkiye's inflation expectations remain on the disinflationary path despite recent political developments, Central Bank Governor Fatih Karahan said here on Wednesday.
BUDAPEST, March 25 (Xinhua) -- The National Bank of Hungary (MNB) kept its base rate unchanged at 6.5 percent on Tuesday, maintaining a tight monetary stance amid elevated inflation risks.
JERUSALEM, March 25 (Xinhua) -- Israeli residents' holdings of foreign assets increased to 774 billion U.S. dollars by the end of 2024, the Bank of Israel reported Tuesday.
The role of the Indonesia's central bank must be strengthened to help support the government's economic growth target of 8% by 2029, a lawmaker heading a parliamentary committee overseeing the financial sector said.
JOHANNESBURG, March 20 (Xinhua) -- South Africa's gross domestic product (GDP) grew 0.6 percent in 2024, with household consumption and lower inflation being the major contributors, the country's central bank said on Thursday.
KUALA LUMPUR: Bank Negara Malaysia (BNM) has added 12 new entities to its Financial Consumer Alert (FCA) list.
JOHANNESBURG, March 20 (Xinhua) -- The South African Reserve Bank (SARB) has kept the repo rate unchanged at 7.5 percent due to inflation remaining within the target range, the central bank announced on Thursday.
JAKARTA: Indonesia's central bank kept policy rates unchanged for a second straight review on Wednesday, as expected, against a backdrop of turmoil in local markets on concerns about global trade wars and the government's fiscal policy.
KUALA LUMPUR: Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.
HANOI: As experts say the credit-growth quota policy for commercial banks in Vietnam is currently inappropriate and hinders customers accessing bank loans, the State Bank of Vietnam (SBV) has announced plans to gradually remove the scheme.
KUALA LUMPUR: Bank Negara Malaysia (BNM) will work with its ASEAN counterparts to encourage businesses to use local currencies in facilitating trade within the region, said Deputy Governor Datuk Marzunisham Omar.
JAKARTA: The Indonesian central bank said it is ready to intervene to stabilise the rupiah, which on Wednesday stayed close to its lowest levels since 1998 even as officials said market sentiment was positive and economic fundamentals were resilient.
The bank also pledged to cut interest rates and keep the yuan stable amid an uncertain global outlook
PETALING JAYA: Bank Negara will continue monitoring the evolving digital asset landscape in 2025.
PETALING JAYA: Bank Negara will pay a record-high RM5.25bil as a dividend to the government after it recorded a surge in net profit to RM13.16bil for last year.
KUALA LUMPUR: Bank Negara will continue monitoring the evolving digital asset landscape in 2025.
Waiting to break their fast during the Muslim holy month of Ramadan, clerics in the Indonesian town of Majalengka gathered for an unusual briefing on the subject of inflation, led by the country's central bank.
ANKARA, March 13 (Xinhua) -- The Turkish central bank will "do whatever it takes" to achieve its 24-percent year-end inflation target, the bank's chief Fatih Karahan said Thursday.
KUALA LUMPUR: Bank Negara projects the Malaysian economy to grow by 4.5% to 5.5% this year driven by sustained domestic demand anchored on private consumption, private sector investments as well as the continued progress of public sector infrastructure projects and the adjustments to civil service wages.