Turkey's central bank lowers key interest rate to 47.5%
ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to control soaring inflation. Citing slowing inflation, the bank ...
Egypt central bank keeps overnight interest rates steady
Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless remained high.
Russian central bank surprises markets by holding key rate at 21%
Russia’s central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its ongoing battle with sky-scraping inflation.
Here's what we now know about the European Central Bank's rate cut plans
Policymakers in Frankfurt indicated a clear dovish shift, but exactly where they will stop rate cuts remains a topic of debate.
Russian Central Bank Surprises by Leaving Key Rate at 21%
Russia’s central bank left its key interest rate unchanged as it struggles to contain a surge in inflation driven by the diversion of men and material to prosecute Vladimir Putin’s invasion of Ukraine.
Turkish central bank surprises with large rate cut
Reduction of 250 basis points Lending rate just above inflation Analysts predicted smaller cut Turkey’s central bank has cut its key lending rate by a higher than expected 250 basis points. The bank lowered its lending rate to 47.
Thai advisory council says candidate for central bank chair ineligible due to recent political role
Thailand's state advisory council said the government-backed candidate for chair of the board of the central bank is ...
Thai Government Suffers Setback in Bid to Influence Central Bank
The Thai government’s campaign to pressure the Bank of Thailand to cut interest rates suffered a significant setback, with ...
Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...
Indian banks' balance sheets stay robust, bad loans decline more, central bank report says
Indian banks' financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their ...
Brazil Central Bank Offers to Sell $3 Billion as Real Weakens
Brazil’s central bank stepped into markets again to prop up the real amid a rout sparked by concerns about the sustainability ...
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
Botswana’s central bank said that as local crypto markets remain underdeveloped, crypto poses minimal risks to its financial ...
Exclusive-Mexico central bank could weigh rate cut of 25 or 50 bps in February, deputy governor says
Mexico's central bank board could discuss a rate cut of either 25 basis points or 50 basis points in its next decision in ...