Central bank News
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The Bank of Botswana announced that it is leaving its benchmark rate unchanged at 9.5 percent for the fifth straight meeting. The African central bank noted that the inflation rate would drop between three and six percent next year.
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The Central Bank of Nigeria’s new policy which requires banks to ensure that proceeds of international funds transfers are remitted to customers through their bank accounts will check fraud and money laundering in the country, says journalist Acheme Jac
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MANILA – The Bangko Sentral ng Pilipinas (BSP), the country’s premier banking institution, is at the center of a raging controversy after it issued a circular allowing the outsourcing of human resources in banks and other financial institutions.
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The Federal Reserve has posted record profits in 2009 by making $50.2 billion, which is a $14.4 billion increase from 2008.
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At the Gulf Co-operation Council Summit in Kuwait, four of the six member nations agreed on Tuesday to setup a joint central bank and a single currency, which will be based in Riyadh.
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The Reserve Bank of Australia raised its chief interest rate today by a quarter of a percentage point to 3.25 becoming the first G-20 nation to do so.
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Nigeria's central bank has injected $2.5 billion into five big banks in the oil-producing nation and at the same time firing their managing director.
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As the Fed takes actions to slash interest rates, your money is losing value in your very hands. You are now receiving diminished compensation for delaying consumption while your ability to consume is simultaneously eroding.
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Central bank Headlines
Troubled Spanish lender Bankia is to be partly nationalised, the central bank confirms.
 The European Central Bank Tuesday temporarily suspended the use of Greek government bonds by banks as collateral to get loans from the central bank.
The European Central Bank is readying another round of low interest loans for Europe's banks that could top 500bn euros.
The European Central Bank provides a further 530bn euros ($713bn; £448bn) of low interest loans to 800 banks.
The chairman of the Swiss National Bank, Philipp Hildebrand, resigns in the wake of allegations of currency trades made by his wife.
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Central bank Blogs
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With the Diamond Jubilee Bank Holiday weekend beckoning, what is your legal entitlement to have Tuesday 5th June off...
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Owning a PR firm I consume media non-stop, but reading news about Israel and Judaism is constantly a bewildering...
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A four-year, $63 billion FAA bill, which was approved by House and Senate negotiators for use of unmanned planes,...
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Mainstream media is notorious for disinformation and smear propaganda especially when it comes to Ron Paul. The...
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There was an article in Bloomberg Business Week recently with the headline “Foreign Buyers Heat Up Miami’s Condo...
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