Tag: Central

ReutersAugust 10, 2020

WARSAW (Reuters) – Poland’s interest rates are too low and the Monetary Policy Council (MPC), the central bank’s rate-setting panel, should consider increasing them, rate-setter Eugeniusz Gatnar was quoted as saying by Parkiet daily on Monday. The central bank has cut rates three times this year to a record low of 0.1% and launched large-scale […]

ReutersAugust 6, 2020

BEIRUT (Reuters) – Lebanon’s central bank instructed banks and financial institutions on Thursday to extend exceptional dollar loans at zero interest to individuals and firms impacted by the Beirut port explosion that caused huge damage across the capital. Tuesday’s blast was the most powerful in years in Lebanon, which is already reeling from an economic […]

ReutersAugust 5, 2020

By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s central bank left its key interest rate unchanged at a record low for a second straight meeting on Wednesday, as the economy is showing signs of improvement with the easing of restrictions to halt the spread of the coronavirus outbreak. Southeast Asia’s second-largest economy is […]

CointelegraphAugust 3, 2020

Former China Central Bank Exec Pushes for Digital Currencies The former vice president of China’s central bank pushed for central bank digital currencies positioning it as a substitute for cash in circulation. Wang Yongli, former vice president of Bank of China and a director of the Haixia Blockchain Research Institute, said digital currencies can certainly […]

ReutersAugust 3, 2020

© Reuters. FILE PHOTO: Headquarters of the PBOC, the central bank, is pictured in Beijing BEIJING (Reuters) – China’s monetary policy will be more flexible and targeted in the second half of the year, the central bank said on Monday. China will actively and steadily push forward yuan internationalisation and capital account convertibility, the People’s […]

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