The Central Bank

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13m
Pilipino Star
Calls for 2nd referendum crash UK websitethe economic impact on the Romanian leu was "small and manageable." He spoke a
Calls for 2nd referendum crash UK website
Pilipino Star / Posted 13 minutes ago
the economic impact on the Romanian leu was "small and manageable." He spoke after meeting Prime Minister Dacian Ciolos, the central bank governor Mugur Isarescu and party leaders. 12:30 p.m. Polish President Andrzej Duda says Britain's... Read more
2398 related stories
1h
Boston Globe
Markets brace for more volatility as investors digest Brexit voteto work together to ensure that markets continued to function smoothly. Mark C
Markets brace for more volatility as investors digest Brexit vote
Boston Globe / Posted an hour ago
to work together to ensure that markets continued to function smoothly. Mark Carney, governor of the Bank of England, said the central bank had taken ‘‘all the necessary steps’’ to prepare for the aftermath of a vote to leave the E.U., adding that... Read more
9 related stories
3h
The Economic Times
Brexit completely irrelevant for emerging markets, including India: Christopher Wood, equity strategist at CLSABank. In the beginning of 2015, I forecasted that the RBI would lower interest
Brexit completely irrelevant for emerging markets, including India: Christopher Wood, equity strategist at CLSA
The Economic Times / Posted 3 hours ago
Bank. In the beginning of 2015, I forecasted that the RBI would lower interest rates by 200 bps by end of 2016. And so far the central bank has reduced 150 basis points, hence going forward I see scope for another 50 basis points rate r... Read more
3h
The Economic Times
ET in the classroom: What does weak rupee mean?All this causes the current account deficit to swell and puts further pressure
ET in the classroom: What does weak rupee mean?
The Economic Times / Posted 3 hours ago
All this causes the current account deficit to swell and puts further pressure on the local unit. This also preempts the central bank from cutting interest rates and hampers economic growth. A weak rupee reduces the dollar gains of foreign... Read more
3h
The Economic Times
Unlike 2008, Indian firms well hedged now for Brexittime hopefully the currency will re-establish into a new equilibrium which is n
Unlike 2008, Indian firms well hedged now for Brexit
The Economic Times / Posted 3 hours ago
time hopefully the currency will re-establish into a new equilibrium which is not based on immediate reactions," he said. Rajan said there is little to be concerned about on bank exposures as the central bank continues to monitor these pos... Read more
3h
The Economic Times
Banks set to lobby RBI for liberal loan recast normsof the loan which defeats the very need for loan restructuring, say bankers. T
Banks set to lobby RBI for liberal loan recast norms
The Economic Times / Posted 3 hours ago
of the loan which defeats the very need for loan restructuring, say bankers. To avoid another set of bad loan pile up, the central bank has said that banks could split the debt in to two for struggling companies - sustainable and unsustainable.... Read more
4h
Channel NewsAsia
UK's Osborne to make Brexit statement before markets open on Mondayfurther. Markets have priced in a growing chance of a rate cut later this year.
UK's Osborne to make Brexit statement before markets open on Monday
Channel NewsAsia / Posted 4 hours ago
further. Markets have priced in a growing chance of a rate cut later this year. BoE Governor Mark Carney on Friday said the central bank was ready to provide 250 billion pounds (US$345.93 billion) of additional funds to support financial... Read more
4 related stories
4h
The Age
British finance minister George Osborne to make statement before markets open on Mondayfurther. Markets have priced in a growing chance of a rate cut later this year.
British finance minister George Osborne to make statement before markets open on Monday
The Age / Posted 4 hours ago
further. Markets have priced in a growing chance of a rate cut later this year. BoE Governor Mark Carney on Friday said the central bank was ready to provide £250 billion ($452 billion) of additional funds to support financial markets. The bank... Read more
4 related stories
4h
Sydney Morning Herald
British finance minister George Osborne to make statement before markets open on Mondayfurther. Markets have priced in a growing chance of a rate cut later this year.
British finance minister George Osborne to make statement before markets open on Monday
Sydney Morning Herald / Posted 4 hours ago
further. Markets have priced in a growing chance of a rate cut later this year. BoE Governor Mark Carney on Friday said the central bank was ready to provide £250 billion ($452 billion) of additional funds to support financial markets. The bank... Read more
4 related stories
4h
Canberra Times
British finance minister George Osborne to make statement before markets open on Mondayfurther. Markets have priced in a growing chance of a rate cut later this year.
British finance minister George Osborne to make statement before markets open on Monday
Canberra Times / Posted 4 hours ago
further. Markets have priced in a growing chance of a rate cut later this year. BoE Governor Mark Carney on Friday said the central bank was ready to provide £250 billion ($452 billion) of additional funds to support financial markets. The bank... Read more
4 related stories
4h
New Zealand's National Business Review
Brexit fallout for New Zealand: sub 2% OCR and uncertaintycuts after that. Mr Lister says the trade-weighted index measure of the New Ze
Brexit fallout for New Zealand: sub 2% OCR and uncertainty
New Zealand's National Business Review / Posted 4 hours ago
cuts after that. Mr Lister says the trade-weighted index measure of the New Zealand dollar is sitting at 5% higher than the central bank expected it to be at the end of June, “keeping the Reserve Bank quite uncomfortable and that just adds to... Read more
4h
Reuters
UK's Osborne to make Brexit statement before markets open on MondayMarkets have priced in a growing chance of a rate cut later this year. [GB/] B
UK's Osborne to make Brexit statement before markets open on Monday
Reuters / Posted 4 hours ago
Markets have priced in a growing chance of a rate cut later this year. [GB/] BoE Governor Mark Carney on Friday said the central bank was ready to provide 250 billion pounds ($345.93 billion) of additional funds to support financial markets.... Read more
4 related stories
6h
Daily News
Govt. has borrowed above the approved limit: JVPthe Attorney General has also been summoned before the Committee on Public Ente
Govt. has borrowed above the approved limit: JVP
Daily News / Posted 6 hours ago
the Attorney General has also been summoned before the Committee on Public Enterprise as part of its investigations into the Central Bank bond issue. “The COPE Committee will hold a special meeting on Wednesday and the committee has decided to... Read more
6h
Daily News
PM explains Brexit fallout on SL : Four Asian deals timely in light of Brexitrelations with Asian countries should be broadened. “No sooner the UK decided
PM explains Brexit fallout on SL : Four Asian deals timely in light of Brexit
Daily News / Posted 6 hours ago
relations with Asian countries should be broadened. “No sooner the UK decided to leave the EU, I received a report from the Central Bank on the impact it may have on the global economy and Sri Lankan economy. We have to be mindful of this... Read more
6h
Daily News
Rising pressure of Civil Society on goals of January 8on these subjects, and the related controversy over the possible re-appointment
Rising pressure of Civil Society on goals of January 8
Daily News / Posted 6 hours ago
on these subjects, and the related controversy over the possible re-appointment of Arjuna Mahendran as Governor of the Central Bank, certainly turned a new leaf in the politics of the country; moving away from the slogans and tactics of the... Read more
6h
Business Standard India
Rupee unlikely to cross 69 this weekthe euro and gained 7.5 per cent against the pound . RBI's foreign exchange re
Rupee unlikely to cross 69 this week
Business Standard India / Posted 6 hours ago
the euro and gained 7.5 per cent against the pound . RBI's foreign exchange reserves, at a record $363 billion gives the central bank enough ammunition to intervene. So, the market is not very concerned. "There is no panic ," said Goenka of... Read more
7h
The Economic Times
Modi government's response to feedback on its economic performance impressive: Anand Mahindrahas weakened in the wake of the vote. On Raghuram Rajan's record as governor o
Modi government's response to feedback on its economic performance impressive: Anand Mahindra
The Economic Times / Posted 7 hours ago
has weakened in the wake of the vote. On Raghuram Rajan's record as governor of the Reserve Bank of India, he said the central bank should have done more on interest rates. "As far as rate cuts are concerned, I frankly have been in the camp... Read more
7h
The Hindu
Sri Lanka central bank chief to step downThe Governor of the Central Bank of Sri Lanka (CBSL) Arjuna Mahendran has stepp
Sri Lanka central bank chief to step down
The Hindu / Posted 7 hours ago
The Governor of the Central Bank of Sri Lanka (CBSL) Arjuna Mahendran has stepped aside following more than a year-long-campaign by sections of civil society activists and political parties. Mr. Mahendran, who was made the Governor immediately after... Read more
7h
Zero Hedge
"The Global Economy Can No Longer Rely On Debt" - BIS Warns Central Bank Actions "Have Started To Backfire"in which the BIS said central banks are defenseless against the coming crisis.
"The Global Economy Can No Longer Rely On Debt" - BIS Warns Central Bank Actions "Have Started To Backfire"
Zero Hedge / Posted 7 hours ago
in which the BIS said central banks are defenseless against the coming crisis. Well, it underestimated just how far the central banking "magic people" are willing to reach inside their "magic bag of tricks" to preserve the status quo: to be... Read more
2 related stories
8h
Reuters
Egypt central bank will not appeal decision to suspend CEO term limit decreeheadquarters is seen in downtown Cairo, Egypt March 8, 2016. CAIRO Egypt's cen
Egypt central bank will not appeal decision to suspend CEO term limit decree
Reuters / Posted 8 hours ago
headquarters is seen in downtown Cairo, Egypt March 8, 2016. CAIRO Egypt's central bank governor Tarek Amer said that the central bank would not appeal a court decision made on Sunday that suspends a central bank decree limiting the terms of... Read more
8h
The New Zealand Herald
Reserve Bank well placed for Brexit fallouteven the UK's FTSE index was only down 3.15 per cent. The difference is the le
Reserve Bank well placed for Brexit fallout
The New Zealand Herald / Posted 8 hours ago
even the UK's FTSE index was only down 3.15 per cent. The difference is the level of confidence investors have in the central bank's ability to respond. The FTSE rallied in afternoon trading after Bank of England governor Mark Carney said... Read more
9h
Market Watch
Carney, Draghi and Yellen to be in the post-Brexit spotlightHappier times for Bank of England Gov. Mark Carney, Federal Reserve Chairwoman
Carney, Draghi and Yellen to be in the post-Brexit spotlight
Market Watch / Posted 9 hours ago
Happier times for Bank of England Gov. Mark Carney, Federal Reserve Chairwoman Janet Yellen and European Central Bank President Mario Draghi. The focus of financial markets will turn to Portugal this week, and not for the bacalhau on offer. Federal... Read more
9h
AllAfrica.com
Osinbajo Raises Hope On Nigeria's Refining Capacity, Lauds Dangote Refineryaccrued an interest of $173m, stressing that, contrary to speculations, the com
Osinbajo Raises Hope On Nigeria's Refining Capacity, Lauds Dangote Refinery
AllAfrica.com / Posted 9 hours ago
accrued an interest of $173m, stressing that, contrary to speculations, the company has not gotten substantial forex from the Central Bank of Nigeria. Dangote stated the impact of the new forex policy on the project saying: "We lost almost N50bn... Read more
2 related stories
9h
AllAfrica.com
Brexit - UK Credit Rating DowngradedBrexit will affect Nigeria's finances in two ways. First, it will expose the Na
Brexit - UK Credit Rating Downgraded
AllAfrica.com / Posted 9 hours ago
Brexit will affect Nigeria's finances in two ways. First, it will expose the Naira to currency volatility. But fortunately, the Central Bank of Nigeria has already floated it, having adopted a flexible forex policy the previous week. In the new... Read more
12h
The Globe and Mail
Leader of UKIP criticizes Trudeau for backing Remain during referendum campaignif it left the EU, including a possible recession. Mr. Carney has defended his
Leader of UKIP criticizes Trudeau for backing Remain during referendum campaign
The Globe and Mail / Posted 12 hours ago
if it left the EU, including a possible recession. Mr. Carney has defended his remarks, saying it was his duty as the central bank governor to point out risks to the economy. But Mr. Farage and others on the Vote Leave side have said Mr.... Read more
3 related stories
13h
Quartz
If you want to know how much to worry about Brexit, watch this currencyresponded to the turmoil on Friday (June 24) by announcing it would shave $1.7
If you want to know how much to worry about Brexit, watch this currency
Quartz / Posted 13 hours ago
responded to the turmoil on Friday (June 24) by announcing it would shave $1.7 billion off federal government spending. The central bank also said it was ready to intervene in the exchange markets if it saw speculators had singled out the... Read more
13h
Swissinfo
Too-Easy Money Is Making It Too Hard to Gauge Markets, BIS Saysauthorities will approach the limits of its effectiveness, according to the BIS
Too-Easy Money Is Making It Too Hard to Gauge Markets, BIS Says
Swissinfo / Posted 13 hours ago
authorities will approach the limits of its effectiveness, according to the BIS, which was formed in 1930 and acts as the central bank for many of those institutions. Lending Capacity With the cost of money so close to zero, the... Read more
13h
Australian Broadcasting Corporation
Banks ready 'contingency plans' amid fears of further global fallout after Brexitexit from the European Union will escalate in the coming days. The Bank for In
Banks ready 'contingency plans' amid fears of further global fallout after Brexit
Australian Broadcasting Corporation / Posted 13 hours ago
exit from the European Union will escalate in the coming days. The Bank for International Settlements (BIS) — known as the central bank of central banks — is warning of a "period of uncertainty and adjustment" given Britain's status in the... Read more
16h
The Financial Express
Monetary committee rules to be notified in few weeks: Shaktikanta DasChairperson. Deputy Governor of RBI in charge of the monetary policy will be a
Monetary committee rules to be notified in few weeks: Shaktikanta Das
The Financial Express / Posted 16 hours ago
Chairperson. Deputy Governor of RBI in charge of the monetary policy will be a member, so will be an Executive Director of the Central bank. Each member will have one vote and in case of a tie, the Governor shall have a casting vote. RBI Governor... Read more
3 related stories
16h
AllAfrica.com
Cash Crunch Hits Importerspayments through agents would increase the cost of production and quicken the o
Cash Crunch Hits Importers
AllAfrica.com / Posted 16 hours ago
payments through agents would increase the cost of production and quicken the outflow of money from Zimbabwe. He said the central bank should try to make the payments instead of preserving the cash. "They [banks] are slow in moving the... Read more
16h
The New Zealand Herald
Reserve Bank well placed for Brexit fallouteven the UK's FTSE index was only down 3.15 per cent. The difference is the le
Reserve Bank well placed for Brexit fallout
The New Zealand Herald / Posted 16 hours ago
even the UK's FTSE index was only down 3.15 per cent. The difference is the level of confidence investors have in the central bank's ability to respond. The FTSE rallied in afternoon trading after Bank of England governor Mark Carney said... Read more
17h
The Economic Times
Monetary committee rules to be notified in few weeks, says Shaktikanta DasChairperson. Deputy Governor of RBI in charge of the monetary policy will be a
Monetary committee rules to be notified in few weeks, says Shaktikanta Das
The Economic Times / Posted 17 hours ago
Chairperson. Deputy Governor of RBI in charge of the monetary policy will be a member, so will be an Executive Director of the Central bank. Each member will have one vote and in case of a tie, the Governor shall have a casting vote. RBI Governor... Read more
3 related stories
18h
Bangkok Post - Thailand's English news
Milk farmers sour as quota end brings price crashtheir costs. Meanwhile in New Zealand, the world's top exporter, 80 percent of
Milk farmers sour as quota end brings price crash
Bangkok Post - Thailand's English news / Posted 18 hours ago
their costs. Meanwhile in New Zealand, the world's top exporter, 80 percent of farmers are selling at a loss according to the central bank. In March, the European Commission, the executive of the 28-nation bloc, allowed member states to... Read more
18h
Times of Malta
Yellen projects gradual hikes in interest rates, warns on Brexit impactto the European Central Bank’s Outright Monetary Transaction (OMT) programme. T
Yellen projects gradual hikes in interest rates, warns on Brexit impact
Times of Malta / Posted 18 hours ago
to the European Central Bank’s Outright Monetary Transaction (OMT) programme. This is the bond-buying programme that allows the central bank to buy debt of financially strained countries. The case was brought by thousands of German plaintiffs who... Read more
18h
Business Standard India
Monetary committee rules to be notified in few weeks: Shaktikanta DasChairperson. Deputy Governor of RBI in charge of the monetary policy will be a
Monetary committee rules to be notified in few weeks: Shaktikanta Das
Business Standard India / Posted 18 hours ago
Chairperson. Deputy Governor of RBI in charge of the monetary policy will be a member, so will be an Executive Director of the Central bank. Each member will have one vote and in case of a tie, the Governor shall have a casting vote. RBI Governor... Read more
3 related stories
18h
The Zimbabwe Standard
Govt to inject $50m bond notes by year-endan exporter would receive a 5% incentive on any exports which would be given by
Govt to inject $50m bond notes by year-end
The Zimbabwe Standard / Posted 18 hours ago
an exporter would receive a 5% incentive on any exports which would be given by the bank after a request has been made to the central bank. Chinamasa said the bond notes would be at par with the United States dollar and no one would be forced to... Read more
18h
dna
Monetary policy committee rules to be notified in few weeks: Shaktikanta DasChairperson. Deputy Governor of RBI in charge of the monetary policy will be a
Monetary policy committee rules to be notified in few weeks: Shaktikanta Das
dna / Posted 18 hours ago
Chairperson. Deputy Governor of RBI in charge of the monetary policy will be a member, so will be an Executive Director of the Central bank. Each member will have one vote and in case of a tie, the Governor shall have a casting vote. RBI Governor... Read more
3 related stories
19h
Business Standard India
Swamy: India's Trump?nobody compared to some of Swamy’s other targets that include his famous in-law
Swamy: India's Trump?
Business Standard India / Posted 19 hours ago
nobody compared to some of Swamy’s other targets that include his famous in-laws as well as the country’s finance minister, the central bank governor and the chief economic ... Key stories on business-standard.com are available to premium... Read more
19h
The Zimbabwe Standard
Cash crunch hits importerspayments through agents would increase the cost of production and quicken the o
Cash crunch hits importers
The Zimbabwe Standard / Posted 19 hours ago
payments through agents would increase the cost of production and quicken the outflow of money from Zimbabwe. He said the central bank should try to make the payments instead of preserving the cash. “They [banks] are slow in moving the... Read more
20h
The Manila Times
Saudi, UAE see little Brexit impact on their banksthe UK and the EU are limited,” said the UAE’s central bank. In a statement ca
Saudi, UAE see little Brexit impact on their banks
The Manila Times / Posted 20 hours ago
the UK and the EU are limited,” said the UAE’s central bank. In a statement carried by the UAE’s official WAM news agency, the central bank said it will “continue to watch developments… mainly those that could affect the UAE economy.” The governor... Read more
23h
The Trinidad Guardian
DPP GETS COLMAN REPORTa source said. “There is missing paperwork, we still have to calculate who pai
DPP GETS COLMAN REPORT
The Trinidad Guardian / Posted 23 hours ago
a source said. “There is missing paperwork, we still have to calculate who paid for what. There were expenses from the Central Bank, the Ministry of Finance, state enterprises, what has been spent so far on investigations by the DPP... Read more
1d
Zero Hedge
Global Institutions May Be Susceptible To Hackers, SWIFT Remains Vulnerableparty is responsible for providing security measures before accessing the SWIFT
Global Institutions May Be Susceptible To Hackers, SWIFT Remains Vulnerable
Zero Hedge / Posted yesterday
party is responsible for providing security measures before accessing the SWIFT network. On March 7, 2016 Reuters reported the central bank for Bangladesh stated it discovered unauthorized withdrawals from its account at the Federal Reserve Bank of... Read more
1d
The Star
Renting is OK tooyour financial capacity first, advices Bank Negara. It’s acceptable to rent wh
Renting is OK too
The Star / Posted yesterday
your financial capacity first, advices Bank Negara. It’s acceptable to rent when owning isn’t an option. Malaysians, the central bank says, needn’t feel compelled to own or embarrassed to rent. In many advanced countries like Germany,... Read more
1d
The Star
Demand from first-time buyers still strong despite affordability challengebuyers, including the younger generation, remains strong although housing affor
Demand from first-time buyers still strong despite affordability challenge
The Star / Posted yesterday
buyers, including the younger generation, remains strong although housing affordability is a challenge, said Bank Negara. The central bank added that they accounted for 75% of 1.47 million borrowers. Owning and investing in a house remains a... Read more
1d
Sunday Observer
HONOUR ELECTION PROMISES - Prof Wijesooriyalearnt must not be disregarded. Q: Civil society groups met the Prime Minister
HONOUR ELECTION PROMISES - Prof Wijesooriya
Sunday Observer / Posted yesterday
learnt must not be disregarded. Q: Civil society groups met the Prime Minister on Friday to discuss the re-appointment of the Central Bank Governor Arjun Mahendran. Didn�t you get a satisfactory response at this meeting? What was the need to call... Read more
1d
Sunday Observer
Sri Lanka holds Interest Rates as Brexit roils global marketscentral bank Governor Arjuna Mahendran said he wouldn�t seek an extension until
Sri Lanka holds Interest Rates as Brexit roils global markets
Sunday Observer / Posted yesterday
central bank Governor Arjuna Mahendran said he wouldn�t seek an extension until he is absolved of corruption allegations. The Central Bank of Sri Lanka kept the standing lending facility rate at 8 percent and the standing deposit facility rate at... Read more
1d
Sunday Observer
Government calms furore over CB Governorhe would not seek an extension of term until the conclusion of the COPE investi
Government calms furore over CB Governor
Sunday Observer / Posted yesterday
he would not seek an extension of term until the conclusion of the COPE investigation. He communicated the decision to the Central Bank�s Monetary Board, on Friday morning. At that point, the Joint Opposition group calculated that they could... Read more
1d
Sunday Observer
Rohitha transferred to general wardMawatha and Galle Face roundabout. However, the Police had obtained a court ord
Rohitha transferred to general ward
Sunday Observer / Posted yesterday
Mawatha and Galle Face roundabout. However, the Police had obtained a court order preventing protesters from entering the Central Bank complex. Which is in a High Security Zone city Barricades had been erected opposite the World Trade Centre... Read more
1d
Sunday Observer
M-EXIT ?views expressed on �acting governor� provision:By Chandani JayatillekeA senior
M-EXIT ?
Sunday Observer / Posted yesterday
views expressed on �acting governor� provision:By Chandani JayatillekeA senior Deputy Governor currently serving in the Central Bank is likely to be appointed to head the bank, as incumbent Governor Arjuna Mahendran has decided not to seek a... Read more
1d
Sunday Observer
Sri Lanka News | ObserveOnline.lkMawatha and Galle Face roundabout. However, the Police had obtained a court ord
Sri Lanka News | ObserveOnline.lk
Sunday Observer / Posted yesterday
Mawatha and Galle Face roundabout. However, the Police had obtained a court order preventing protesters from entering the Central Bank complex. Which is in a High Security Zone cityBarricades had been erected opposite the World Trade Centre to... Read more
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