Bank of Ghana Halts Interest-Rate Hikes on Growth Concerns
The Bank of Ghana announced to yield a record of 21.86% having it being the cedi-Africa's worst-performing currency this year, ...
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Tag: Central Banks
Asia-Pacific Stocks Mixed as Investors React to BoJ’s Corporate Financing Statement
The U.S. dollar index, which tracks the greenback against a basket of its peers, last traded at 89.945 after weakening ...
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Bank of Uganda Clears DTB, Says Foreign Banks with Agents Don’t Require Second License
DTB has appealed the ruling and secured a stay of the execution of the judgement. The lawyers at ENS say ...
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Global Banks HSBC and Standard Chartered Accused of Moving SCAM Millions
HSBC now risks being caught in deepening turmoil after a swirl of trouble over the past year amid political unrest ...
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Central Bank of Kenya Maintains CBR at 7.0 Percent
The hold in the Central Bank Rate was supported by inflation stability with inflation rate at 5.6% in April. Going ...
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WGC Forecasts Modest Growth for Gold Demand in Q1.
Gold demand will continue to feel the effects of COVID-19 for the rest of 2020. In particular, the divergence between ...
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Morning Note: Did the Bull take out the bear, Higher Volatility looms.
Well, these types of rallies are not uncommon in periods of extreme volatility. During the height of the financial crisis, ...
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South Africa’s Reserve Bank Injects Liquidity, Markets Soar.
The measures are aimed at supporting interbank lending and freeing up cash in the money markets in response to “liquidity ...
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Bank of Canada Follows Feds, cuts rates as coronavirus delivers ‘negative shock’
Before the outbreak, the global economy was showing signs of stabilizing, as the Bank had projected in its January Monetary Policy ...
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