Central Bank News
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The People's Bank of China sets the exchange rate for the dollar at 7.1878 yuan.
On Friday morning, the People's Bank of China decided to set the exchange rate of the yuan against the US dollar at a level of 7.1878 yuan per dollar. Expectations were pointing to a rate of 7.2868 yuan,..
Friday 03 January 2025 07:23am | Source: ArabicTrader -
Lagarde: The European Central Bank will continue its efforts to reduce inflation..
The President of the European Central Bank, Christine Lagarde, expressed her strong optimism about the bank's ability to achieve its goal of reducing inflation to 2% by 2025. She confirmed that the progress..
Thursday 02 January 2025 09:32am | Source: ArabicTrader -
The People's Bank of China sets the exchange rate of the dollar at 7.1884 yuan.
On Tuesday morning, the People's Bank of China decided to set the exchange rate of the yuan against the US dollar at 7.1884 yuan per dollar, while expectations indicated it would be set at 7.2832 yuan...
Tuesday 31 December 2024 06:50am | Source: ArabicTrader -
European Central Bank member Holzmann: The next interest rate cut may take longer.
During his speech on Saturday, European Central Bank Governing Council member Robert Holzmann stated that he expects the next interest rate cut by the European Central Bank may take longer after recent..
Monday 30 December 2024 07:57am | Source: ArabicTrader -
Governor of the People's Bank of China: There is still room to lower interest..
During his speech at a press conference on Monday morning, People’s Bank of China Governor Pan Gongsheng stated that the current level of interest rates still leaves room for monetary policy adjustment..
Monday 30 December 2024 07:12am | Source: ArabicTrader -
The People's Bank of China sets the exchange rate of the dollar at 7.1889 yuan.
The People's Bank of China decided on Monday morning to set the exchange rate of the yuan against the US dollar at 7.1889 yuan per dollar. Expectations had indicated a rate of 7.1893 yuan, and the closing..
Monday 30 December 2024 06:55am | Source: ArabicTrader -
The Turkish central bank cuts interest rates for the first time since February..
The Turkish central bank announced on Thursday a reduction in the benchmark interest rate to 47.5% from 50%, marking the first rate cut approved by the bank since February of last year, following signs..
Thursday 26 December 2024 01:06pm | Source: ArabicTrader -
Bank of Japan Governor: Our real interest rates are still negative.
Bank of Japan Governor Kazuo Ueda confirmed on Thursday the bank's commitment to maintaining its monetary easing policy, which is aimed at sustainably achieving a 2% inflation target. Ueda pointed out..
Thursday 26 December 2024 07:38am | Source: ArabicTrader -
Commerzbank expects movements in the dollar-yen in light of recent developments..
Foreign exchange market analyst at Commerzbank, Volkmar Power, provided his expectations regarding the performance of the dollar-yen currency pair in the upcoming period, after the Bank of Japan decided..
Wednesday 25 December 2024 04:12pm | Source: ArabicTrader -
The Governor of the Bank of Japan warns against rushing to raise interest rates.
Japanese Bank Governor Kazuo Ueda noted in his speech on Wednesday morning that the Japanese economy is approaching a sustainable inflation rate of 2%, indicating the possibility of an interest rate hike..
Wednesday 25 December 2024 06:43am | Source: ArabicTrader -
The People's Bank of China injects 300 billion yuan in liquidity into medium-term..
On Wednesday morning, the People's Bank of China decided to keep the one-year Medium-Term Lending Facility (MLF) interest rate unchanged at 2.0% for December, following its commitment earlier this week..
Wednesday 25 December 2024 06:14am | Source: ArabicTrader -
Summary of the Monetary Policy Meeting Minutes at the Bank of Japan - October..
The Bank of Japan published the minutes of its previous monetary policy meeting held in October on Tuesday morning, where members of the Board of Directors shared their views on the outlook for monetary..
Tuesday 24 December 2024 02:14pm | Source: ArabicTrader -
Urgent.. The Bank of England concludes its annual meetings with a decision to..
The Monetary Policy Committee of the Bank of England announced the interest rate decision on Thursday following the conclusion of its December meeting. The bank decided to maintain the main interest rates..
Thursday 19 December 2024 12:01pm | Source: ArabicTrader -
Breaking... The U.S. Federal Reserve lowers interest rates for the third consecutive..
After the conclusion of its meeting today, Wednesday, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve decided to reduce U.S. interest rates by 25 basis points at the December meeting,..
Wednesday 18 December 2024 07:00pm | Source: ArabicTrader -
Commerzbank: What will the Federal Reserve's meeting offer today?
Foreign exchange market analyst at Commerzbank, Volkmars Power, stated in a research note released today, Wednesday, that it would be miraculous for the U.S. Federal Reserve to make another decision other..
Wednesday 18 December 2024 12:06pm | Source: ArabicTrader