Major central banks in December delivered their biggest policy easing push since the spring 2020 COVID rate-cutting frenzy, ...
South Korea’s foreign exchange reserves rose slightly in December 2024, despite interventions to stabilize the won against ...
Before we look ahead to the first full week of 2025, a quick reminder of a few changes that crept in on January 1, when you may not have been paying attention. The minimum wage rose to €13.50 an hour, ...
The People's Bank of China, the country's central bank, issued a set of commemorative coins and banknotes to celebrate the upcoming Chinese New Year, which falls on Jan 29.
As a rising star in Central Asia, Uzbekistan has taken bold steps in sustainability, governance, education and international ...
Abstract: The advent of Central Bank Digital Currencies (CBDCs) represents a significant evolution in monetary systems, enhancing transparency, efficiency, and resilience in financial transactions.
BENGALURU: For more than 55 years, one man’s unyielding passion has evolved into a spectacular historical treasure -- a paper currency museum ... even the Reserve Bank of India took notice.
HONG KONG — The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75 percent, tracking a move by the US ...
The atrium and glass towers spoke to the concepts of transparency and openness favoured by modern central ... Bank’s important role in the Canadian economy. Artifacts from Canada’s National Currency ...
SHANGHAI -- China's central bank stepped up support for the yuan on Thursday, signaling it wants to avoid a rapid weakening of its currency, after the U.S. Federal Reserve's 2025 interest rate ...
BAKU, Azerbaijan, December 19. The Central Bank of Azerbaijan (CBA) has held the next currency auction, a source in the CBA told Trend. According to the source, the demand at the auction made up $ ...
Outside of September's jumbo 50 basis point cut, the Fed has moved in 25 basis point increments over the last year or so, indicating the central bank expects to cut interest rates two more times ...