The Central Bank

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5m
The Economic Times
Trading in interest rate swap market set to rise on RBI push to bring in more participantsand Development Authority and the National Housing Bank to trade in interest ra
Trading in interest rate swap market set to rise on RBI push to bring in more participants
The Economic Times / Posted 5 minutes ago
and Development Authority and the National Housing Bank to trade in interest rate swaps on electronic trading platforms," the central bank said in a notification on Thursday. Those regulated institutional entities, should apply for membership of... Read more
25m
Investopedia
The Great Inflation Of The 1970sthe American central bank, which were designed to generate full employment, by
The Great Inflation Of The 1970s
Investopedia / Posted 25 minutes ago
the American central bank, which were designed to generate full employment, by the early 1970s, also caused high inflation. The central bank, under different leadership, would later reverse its policies, raising interest rates to some 20%, a number... Read more
1h
Pilipino Star
Banks' consumer loans breach P1 TOutsourcing industry, the solid performance of the services sector, and heighte
Banks' consumer loans breach P1 T
Pilipino Star / Posted an hour ago
Outsourcing industry, the solid performance of the services sector, and heightened consumer spending and investing,” the central bank said. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Growth in the country’s gross domestic... Read more
1h
Pilipino Star
Hot money inflow seen to slow in H2its policy rates for a 12th straight meeting arguing healthy domestic demand an
Hot money inflow seen to slow in H2
Pilipino Star / Posted an hour ago
its policy rates for a 12th straight meeting arguing healthy domestic demand and low inflation for easier credit. This followed a US Federal Reserve meeting the week before where the central bank signaled it may not hike rates as planned this... Read more
1h
Pilipino Star
Inflation steadies at 1.1% in Aprilvegetables and fruits reflecting a prolonged El Niño. Nonetheless, our inflatio
Inflation steadies at 1.1% in April
Pilipino Star / Posted an hour ago
vegetables and fruits reflecting a prolonged El Niño. Nonetheless, our inflation outlook remains comfortably within the central bank’s target range,” she said. Victorino added benign inflation would give enough room for the central bank to... Read more
3 related stories
1h
The Financial Express
On-tap bank licences: RBI proposes 10 per cent stake for business housesfor a new bank shall be Rs 500 crore and thereafter, the bank shall have a mini
On-tap bank licences: RBI proposes 10 per cent stake for business houses
The Financial Express / Posted an hour ago
for a new bank shall be Rs 500 crore and thereafter, the bank shall have a minimum net worth of Rs 500 crore at all times,” the central bank said. While assuming charge on September 4, 2013, Governor Raghuram Rajan had said one of his key reform... Read more
1h
Business Standard India
Akash Prakash: A stabilisation in Chinaramp sales. In February minimum down payment for mortgages was reduced to 20 pe
Akash Prakash: A stabilisation in China
Business Standard India / Posted an hour ago
ramp sales. In February minimum down payment for mortgages was reduced to 20 per cent and transaction taxes were also cut. The central bank also encouraged banks to push mortgage lending. So much so that mortgage lending in Q1 was slightly over a... Read more
1h
The China Post
Placement on US watch list 'won't affect TPP bid': central bankplacement on a U.S. currency watch list will not affect its bid to join the U.S
Placement on US watch list 'won't affect TPP bid': central bank
The China Post / Posted an hour ago
placement on a U.S. currency watch list will not affect its bid to join the U.S.-led Trans-Pacific Partnership (TPP), the central bank said yesterday. In a report released on April 29, the U.S. Treasury Department named five economies... Read more
1h
The China Post
Zimbabweans line up as US$ 'bond notes' planneda raft of measures on Wednesday, including limiting withdrawals to US$1,000 or
Zimbabweans line up as US$ 'bond notes' planned
The China Post / Posted an hour ago
a raft of measures on Wednesday, including limiting withdrawals to US$1,000 or 20,000 South African rand. Mangudya said the central bank would also print U.S.-dollar-equivalent bond notes — "which are currently at the design stage" — to ease the... Read more
7 related stories
1h
IMF
IMF Executive Board Concludes 2016 Article IV Consultation with Colombiaachieved its structural balance target through timely expenditure cuts and reve
IMF Executive Board Concludes 2016 Article IV Consultation with Colombia
IMF / Posted an hour ago
achieved its structural balance target through timely expenditure cuts and revenue increases from the end-2014 tax reform. The central bank initiated a tightening cycle in September to ensure the anchoring of inflation expectations and contain the... Read more
2h
The Manila Times
April inflation remains steady at 1.1%1.1 percent, the same rate posted in March, on lower utility rates and fuel pri
April inflation remains steady at 1.1%
The Manila Times / Posted 2 hours ago
1.1 percent, the same rate posted in March, on lower utility rates and fuel prices, which an analyst suggested would allow the central bank to ease policy rates in preparation for the implementation of its interest rate corridor (IRC) system. Data... Read more
3 related stories
2h
Fortune
Turkey's Political Turmoil Is Bad News for Investorssaid UBS’s Narain. The political rift, which sent the lira to a two-month low,
Turkey's Political Turmoil Is Bad News for Investors
Fortune / Posted 2 hours ago
said UBS’s Narain. The political rift, which sent the lira to a two-month low, is likely to delay further rate cuts by the central bank, analysts said. The bank has already lowered the top end of its interest rate “corridor” by 75 basis points... Read more
2h
The Financial Express
RBI Finance Bill clears the way for monetary panel on policy rateThe Finance Bill 2016 contained an amendment to the Reserve Bank of India Act o
RBI Finance Bill clears the way for monetary panel on policy rate
The Financial Express / Posted 2 hours ago
The Finance Bill 2016 contained an amendment to the Reserve Bank of India Act of 1934 giving the central bank a mandate to target inflation. (PTI) The move to strip Reserve Bank Governor of powers to set interest rates by transferring the authority... Read more
2 related stories
2h
Business Standard India
RBI proposes relaxation of bank licence requirementsannounced on Thursday include a move to allow large industrial companies to buy
RBI proposes relaxation of bank licence requirements
Business Standard India / Posted 2 hours ago
announced on Thursday include a move to allow large industrial companies to buy up to 10% stakes in new lenders. The central bank also proposed a lowering of the minimum ownership level for companies or people setting up lenders under a... Read more
2h
RTE News
Govt document leak 'outrageous' - Halliganwill be greater protection also for mortgage holders, tenants and SMEs whose lo
Govt document leak 'outrageous' - Halligan
RTE News / Posted 2 hours ago
will be greater protection also for mortgage holders, tenants and SMEs whose loans are transferred to vulture funds. The Central Bank and government will work on a help-to-buy scheme for first time buyers. The document commits to spending at... Read more
2h
dna
Finance Bill clears the way for monetary panel on policy ratethe Finance Bill 2016. The Finance Bill 2016 contained an amendment to the Res
Finance Bill clears the way for monetary panel on policy rate
dna / Posted 2 hours ago
the Finance Bill 2016. The Finance Bill 2016 contained an amendment to the Reserve Bank of India Act of 1934 giving the central bank a mandate to target inflation. "We have drafted the amendment (to the RBI Act) in consultation with the RBI... Read more
2 related stories
2h
Money Marketing Online
Darius McDermott: Is the Japanese dream team out of ammunition?the cut. That is Japan in a nutshell really: investors can either be wildly su
Darius McDermott: Is the Japanese dream team out of ammunition?
Money Marketing Online / Posted 2 hours ago
the cut. That is Japan in a nutshell really: investors can either be wildly successful or wildly unsuccessful. Politics, the central bank and the currency make or break returns, and the traditional wisdom of taking a long-term view has not... Read more
3h
The Economic Times
RBI proposes relaxation of bank licence requirementsannounced on Thursday include a move to allow large industrial companies to buy
RBI proposes relaxation of bank licence requirements
The Economic Times / Posted 3 hours ago
announced on Thursday include a move to allow large industrial companies to buy up to 10 per cent stakes in new lenders. The central bank also proposed a lowering of the minimum ownership level for companies or people setting up lenders under a... Read more
3h
Your Hometown Lima Stations
Zimbabweans hunt for US cash as shortages bitepound and the Chinese yuan. In practice, the U.S. dollar is the de facto offici
Zimbabweans hunt for US cash as shortages bite
Your Hometown Lima Stations / Posted 3 hours ago
pound and the Chinese yuan. In practice, the U.S. dollar is the de facto official currency. John Mangudya, the governor of the central bank, the Reserve Bank of Zimbabwe, has described Zimbabwe's multi-currency system as "dysfunctional." Copyright... Read more
3 related stories
3h
Radio Angulo
Spain and Cuba Signed in Madrid Debt Agreementsigning were Spanish Secretary of State for Trade, Jaime Garcia Legaz, together
Spain and Cuba Signed in Madrid Debt Agreement
Radio Angulo / Posted 3 hours ago
signing were Spanish Secretary of State for Trade, Jaime Garcia Legaz, together with Arnaldo Alayon Bazo, vice president of the Central Bank of Cuba, Amelia Morales Dominguez, deputy minister of Economy and Planning, and Eugenio Martinez Enriquez,... Read more
3h
New Kerala
RBI releases draft guidelines for 'on tap' licensing of universal banks - newkerala.com #59483at any point of time, it said. The decision to issue an in-principle approval
RBI releases draft guidelines for 'on tap' licensing of universal banks - newkerala.com #59483
New Kerala / Posted 3 hours ago
at any point of time, it said. The decision to issue an in-principle approval for setting up of a bank will be taken by the central bank and will be valid for 18 months. Non-operative financial holding company (NOFHC) has now been made... Read more
3h
ABC News
Zimbabweans Hunt for US Cash as Shortages Bitethe British pound and the Chinese yuan. In practice, the U.S. dollar is the de
Zimbabweans Hunt for US Cash as Shortages Bite
ABC News / Posted 3 hours ago
the British pound and the Chinese yuan. In practice, the U.S. dollar is the de facto official currency. John Mangudya, the governor of the central bank, the Reserve Bank of Zimbabwe, has described Zimbabwe's multi-currency system as "dysfunction... Read more
3 related stories
3h
IMF
IMF Staff Completes 2016 Article IV Mission to Guineapublic infrastructure projects and strengthen social spending. “The authoritie
IMF Staff Completes 2016 Article IV Mission to Guinea
IMF / Posted 3 hours ago
public infrastructure projects and strengthen social spending. “The authorities should also strengthen the independence of the central bank and complete the reform of the exchange rate system to align the exchange rate with fundamentals and rebuild... Read more
3h
IMF
IMF Statement at the End of a Review Mission to the Kyrgyz Republicemerging vulnerabilities stemming from the weak economic environment, high doll
IMF Statement at the End of a Review Mission to the Kyrgyz Republic
IMF / Posted 3 hours ago
emerging vulnerabilities stemming from the weak economic environment, high dollarization, and currency rate fluctuations. The central bank is deploying prudential and other tools at its disposal to bolster the sectors’ defense. “A key missing... Read more
4h
New Zimbabwe
RBZ imposes cash withdrawal limitsevidenced by queues at some banks and automated teller machines (ATMs) could be
RBZ imposes cash withdrawal limits
New Zimbabwe / Posted 4 hours ago
evidenced by queues at some banks and automated teller machines (ATMs) could be attributed to a number of factors. He said the central bank would with immediate effect, put measures to improve the situation. “Cash withdrawal limits in the bank... Read more
7 related stories
4h
Zero Hedge
Trumped! Why It Happened And What Comes Next, Part 1therefore, there is more than $1 trillion of bottled air. But the social media
Trumped! Why It Happened And What Comes Next, Part 1
Zero Hedge / Posted 4 hours ago
therefore, there is more than $1 trillion of bottled air. But the social media billionaire brats are not the half of it. The central bank money printers have transformed Wall Street into a nonstop casino that has showered a tiny slice of hedge... Read more
4h
Market Watch
Here’s why inflation might be this market’s bogeymanbarometer, rose just 0.8% year-over-year. That was down from 1% in the prior mo
Here’s why inflation might be this market’s bogeyman
Market Watch / Posted 4 hours ago
barometer, rose just 0.8% year-over-year. That was down from 1% in the prior month and below the Fed’s 2% target, which the central bank wants to see before it raises interest rates again. And the consumer price index rose at a 0.9% rate over... Read more
4h
The Huffington Post
How (Not) To Prevent The Next Big Financial BubbleInstitute for International Economics, who was an economist at the Fed for many
How (Not) To Prevent The Next Big Financial Bubble
The Huffington Post / Posted 4 hours ago
Institute for International Economics, who was an economist at the Fed for many years, agrees with Baker and Bivens that the central bank should not raise rates in order to curb potential bubbles when better tools are available. “Raising... Read more
4h
Civil Georgia
C.Bank Buys USD 20mln amid GEL Appreciationof the year and 4.6% stronger compared to early May, 2015. It was NBG’s sixth
C.Bank Buys USD 20mln amid GEL Appreciation
Civil Georgia / Posted 4 hours ago
of the year and 4.6% stronger compared to early May, 2015. It was NBG’s sixth intervention on the purchasing side. The central bank bought total of USD 75 million in these six interventions in a period between March 17 and May 5. GEL... Read more
4h
AllAfrica.com
Yar'Adua - Six Years Afterthe country. - Dredging of River Niger, which was abandoned for decades. - Ap
Yar'Adua - Six Years After
AllAfrica.com / Posted 4 hours ago
the country. - Dredging of River Niger, which was abandoned for decades. - Appointed Sanusi Lamido Sanusi the governor of the Central Bank. - Reversed some of ex-president Obasanjo's decisions considered to be against the national interest such... Read more
5h
AllAfrica.com
FG Plans Strategic Implementationemployment generation capacity for the productive sector. "Another area is to
FG Plans Strategic Implementation
AllAfrica.com / Posted 5 hours ago
employment generation capacity for the productive sector. "Another area is to achieve an appropriate exchange regime, the Central Bank of Nigeria (CBN) is leading this particular action, the objective is to achieve a predictable exchange rate... Read more
6 related stories
5h
AllAfrica.com
Farmers Most Important in Today's Nigeriaproduction and diversify the economy. He said President Muhammadu Buhari had b
Farmers Most Important in Today's Nigeria
AllAfrica.com / Posted 5 hours ago
production and diversify the economy. He said President Muhammadu Buhari had begun an agricultural revolution by launching the Central Bank of Nigeria Anchor Borrowers Financing Initiative and flagging-off the dry season rice and wheat farming in... Read more
2 related stories
5h
AllAfrica.com
Negotiations Underway to Get UAE Deposit By End of May - CBEPresident of the Central Bank of Egypt (CBE) Tarek Amer stressed on Thursday th
Negotiations Underway to Get UAE Deposit By End of May - CBE
AllAfrica.com / Posted 5 hours ago
President of the Central Bank of Egypt (CBE) Tarek Amer stressed on Thursday that negotiations are underway with the UAE to receive the two-billion-dollar deposit the Gulf country has earlier allocated to Egypt's central bank. There is no delay in... Read more
6h
Stamford Advocate
CITI: The Fed would attempt one last 'Hail Mary' before announcing negative rateshowever, that the Fed would attempt one last "Hail Mary" before moving to a pol
CITI: The Fed would attempt one last 'Hail Mary' before announcing negative rates
Stamford Advocate / Posted 6 hours ago
however, that the Fed would attempt one last "Hail Mary" before moving to a policy of negative interest rates. He thinks the central bank would announce QE4, another round of quantitative easing, to try to "push down long term yields." While the... Read more
4 related stories
6h
Connecticut Post
CITI: The Fed would attempt one last 'Hail Mary' before announcing negative rateshowever, that the Fed would attempt one last "Hail Mary" before moving to a pol
CITI: The Fed would attempt one last 'Hail Mary' before announcing negative rates
Connecticut Post / Posted 6 hours ago
however, that the Fed would attempt one last "Hail Mary" before moving to a policy of negative interest rates. He thinks the central bank would announce QE4, another round of quantitative easing, to try to "push down long term yields." While the... Read more
4 related stories
6h
San Francisco Chronicle
CITI: The Fed would attempt one last 'Hail Mary' before announcing negative rateshowever, that the Fed would attempt one last "Hail Mary" before moving to a pol
CITI: The Fed would attempt one last 'Hail Mary' before announcing negative rates
San Francisco Chronicle / Posted 6 hours ago
however, that the Fed would attempt one last "Hail Mary" before moving to a policy of negative interest rates. He thinks the central bank would announce QE4, another round of quantitative easing, to try to "push down long term yields." While the... Read more
4 related stories
6h
The Globe and Mail
Look out, loonie, Canada may have just peakedrates are already so low, and have been for some time. In remarks delivered in
Look out, loonie, Canada may have just peaked
The Globe and Mail / Posted 6 hours ago
rates are already so low, and have been for some time. In remarks delivered in New York City last week, the governor said the central bank would re-initiate an easing bias only in the event of a significant new shock to the economy. The U.S.... Read more
6h
Quartz
Sorry, drug dealers: The €500 banknote is deadbill, arguing the high-currency bank note had little impact on combating crime.
Sorry, drug dealers: The €500 banknote is dead
Quartz / Posted 6 hours ago
bill, arguing the high-currency bank note had little impact on combating crime. In fact, some Swiss MPs have called on the central bank to go even further and create 5,000-franc notes to “save the privacy and freedom” of citizens. The Swiss... Read more
6h
Mail & Guardian
Reserve Bank introduces Zimbabwe ‘dollar’bond note as the liquidity crisis continues biting the investment-hungry countr
Reserve Bank introduces Zimbabwe ‘dollar’
Mail & Guardian / Posted 6 hours ago
bond note as the liquidity crisis continues biting the investment-hungry country. Speaking at a press conference at the central bank on Wednesday, Mangudya said he would introduce four new bond notes in future. “The Zimbabwe bond notes of... Read more
7 related stories
7h
The Economic Times
Finance Bill to reform how monetary policy moves closer to passagerates are set and monetary policy conducted as the lower house of parliament on
Finance Bill to reform how monetary policy moves closer to passage
The Economic Times / Posted 7 hours ago
rates are set and monetary policy conducted as the lower house of parliament on Thursday approved legislation giving the central bank a mandate to target inflation. The Finance Bill, passed by a voice vote, will next go to the upper house,... Read more
2 related stories
7h
AllAfrica.com
Govt Targets Three Years for Self-Reliance in Fuel Supplyemployment generation capacity for the productive sector. "Another area is to
Govt Targets Three Years for Self-Reliance in Fuel Supply
AllAfrica.com / Posted 7 hours ago
employment generation capacity for the productive sector. "Another area is to achieve an appropriate exchange regime... the Central Bank of Nigeria (CBN) is leading this particular action, the objective is to achieve a predictable exchange rate... Read more
6 related stories
7h
AllAfrica.com
Rotich Refers MPs to Uhuru On CBK Board Nominees ListTreasury secretary Henry Rotich has asked MPs to demand the list of nominees fo
Rotich Refers MPs to Uhuru On CBK Board Nominees List
AllAfrica.com / Posted 7 hours ago
Treasury secretary Henry Rotich has asked MPs to demand the list of nominees for the Central Bank of Kenya board from President Uhuru Kenyatta who is the appointing authority. Mr Rotich said he has no power to submit the list of the nominees to... Read more
7h
AllAfrica.com
Inflation Stabilises At 3.3 Percent in March 2016thanks to a near-stagnation of the consumer price index, according to the month
Inflation Stabilises At 3.3 Percent in March 2016
AllAfrica.com / Posted 7 hours ago
thanks to a near-stagnation of the consumer price index, according to the monthly note on economic situation published by the Central Bank of Tunisia (BCT) on Wednesday. This is the result of the contrasting effects of dropping clothing prices,... Read more
7h
Reuters
Bangladesh Bank officials say to meet NY Fed, SWIFT; seek to recover stolen moneyWilliam Dudley and a SWIFT representative will meet in Basel, Switzerland aroun
Bangladesh Bank officials say to meet NY Fed, SWIFT; seek to recover stolen money
Reuters / Posted 7 hours ago
William Dudley and a SWIFT representative will meet in Basel, Switzerland around May 10, they and another person briefed by the central bank said. It was not immediately clear who would represent SWIFT. Spokeswomen for SWIFT and the New York Fed... Read more
6 related stories
7h
Business Insider
CITI: The Fed would attempt one last 'Hail Mary' before announcing negative ratesEnglander says the Fed would attempt one last "Hail Mary" before moving to a ne
CITI: The Fed would attempt one last 'Hail Mary' before announcing negative rates
Business Insider / Posted 7 hours ago
Englander says the Fed would attempt one last "Hail Mary" before moving to a negative interest rate policy. He expects the central bank would announce QE4 in an effort to "push down long term yields." While the thought process seems to be good... Read more
4 related stories
7h
Bangkok Post - Thailand's English news
Asian stocks decline for seventh dayBank of Australia for a seven-year term on Sept 18. Lowe inherits the post with
Asian stocks decline for seventh day
Bangkok Post - Thailand's English news / Posted 7 hours ago
Bank of Australia for a seven-year term on Sept 18. Lowe inherits the post with diminished interest rate ammunition after the central bank eased policy to a record low to cushion the end of a mining investment boom and combat disinflation. Crown... Read more
8h
Guardian Unlimited
The man who helped save Afghanistan's treasures from ravages of warconvinced four government ministers to let them use a safe under the presidenti
The man who helped save Afghanistan's treasures from ravages of war
Guardian Unlimited / Posted 8 hours ago
convinced four government ministers to let them use a safe under the presidential palace that previously belonged to the Central Bank. For 11 years, only seven men knew where the gold was; only they had keys. When his superiors would ask... Read more
8h
WA Today
Phil Lowe: The right person to lead the RBAgovernor of the Reserve Bank in 2012, Philip Lowe was always the obvious choice
Phil Lowe: The right person to lead the RBA
WA Today / Posted 8 hours ago
governor of the Reserve Bank in 2012, Philip Lowe was always the obvious choice to replace Glenn Stevens as governor of the central bank. When Tony Abbott and Joe Hockey were calling the shots, however, he might have been only a 50-50 chance.... Read more
4 related stories
8h
Market Watch
Talking our way into recession? I don’t think soSchiller is considered one of the founders of behavioral finance — he ignores t
Talking our way into recession? I don’t think so
Market Watch / Posted 8 hours ago
Schiller is considered one of the founders of behavioral finance — he ignores the key driver of the modern business cycle: the central bank. And in giving weight to “newly popular narratives,” he discounts the very real effects on businesses and... Read more
8h
Irish Examiner
Tipperary hurler Darren Gleeson faces ban from work in financehurler Darren Gleeson faces an “indefinite” ban from working in a senior role i
Tipperary hurler Darren Gleeson faces ban from work in finance
Irish Examiner / Posted 8 hours ago
hurler Darren Gleeson faces an “indefinite” ban from working in a senior role in a financial services advisory firm, the Central Bank has disclosed. The regulator has issued a so-called prohibition notice on Mr Gleeson, of Portroe, Nenagh,... Read more
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