Latest News for: Banking policy

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Türkiye holds interest rate unchanged

Anadolu Agency 25 Apr 2024
The Turkish Central Bank held the policy interest rate constant at 50% on Thursday, in line with market expectations ... economists had expected the Turkish Central Bank to keep its policy rate constant.
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PBOC may up bond trading

People Daily 25 Apr 2024
Typically, QE is deployed when the scope for conventional monetary policy is exhausted — such as when interest rates are close to zero — and is conducted via central banks' direct purchase of government bonds and other financial assets.
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Turkey Is in ‘Whatever It Takes’ Mode But Rate Hike Now Unlikely

Hindustan Times 25 Apr 2024
Echoing the central bank’s guidance, he said that “if there’s a worsening of inflationary dynamics, then it makes sense to raise rates.”. As the policy meeting approached, the central bank has been telegraphing a message of resolve.
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Incentive policy drafted to promote settlement of weak credit institutions

Vietnam News 25 Apr 2024
By the time of the audit in August 2023, the handling of the three banks was only at the stage of the Government's approval of the mandatory transfer policy, and determining the bank value.
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Yen plumbs 34-year low as intervention risks grow

Asahi News 25 Apr 2024
As the BOJ meets to discuss monetary policy, expectations are for the central bank to keep its short-term interest rate target unchanged at the conclusion of the meeting on Friday, following last month’s landmark exit from negative rates.
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Shareholders, State Officials Allege Political, Religious Discrimination by Bank of America

The Epoch Times 25 Apr 2024
... continue to call upon major banks like Bank of America to reverse course, stop evading their own shareholders, and correct the underlying policies that lead to de-banking.” ....
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US: Israel's move to legitimise West Bank settlements ‘dangerous and reckless’

Middle East Monitor 25 Apr 2024
Israel’s efforts to legitimise dozens of settlement sites in the Israeli-occupied West Bank would be “dangerous and reckless”, the US State Department said yesterday.
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BOJ to check effects of rate hike amid weak yen at policy meeting

Kyodo 25 Apr 2024
The Bank of Japan is widely expected to leave its policy rate unchanged at a two-day meeting from Thursday, a month after implementing a hike for the first time in 17 years, though a persistently weak ...
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Human rights allegations prompt World Bank to freeze project’s funds in Tanzania

Mongabay 25 Apr 2024
“We have recently received information that suggests breaches of our policies in the implementation of the Regrow project,” a World Bank spokesperson told Mongabay via email, adding that the World ...
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Sensex Today Live Updates : Muted global peers, Gift Nifty, signal slow start for Indian markets

Live Mint 25 Apr 2024
Traders will be alert for any comments from officials that suggest a higher state of readiness for intervention ahead of the Bank of Japan’s policy decision.The BOJ is forecast to keep its interest ...
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Moghalu Addresses 20 Global Investors on State of Nigerian Economy

This Day 25 Apr 2024
A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof ...  This stance, he said, has been influenced mainly by the policy steps taken by the CBN in recent weeks and months.
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How Japanese intervention works to bolster a weak yen

Business Line 25 Apr 2024
... in the market to boost its currency since 1998, after a Bank of Japan (BOJ) decision to maintain its ultra-loose monetary policy drove the yen as low as 145 per dollar.
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Japan committed to act appropriately on weak yen: finance minister

Kyodo 25 Apr 2024
The Bank of Japan, which holds a two-day policy meeting from Thursday, raised interest rates for the first time in 17 years last month but the central bank is not expected to rapidly push rates higher ...
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Fragile yen could make BOJ’s Ueda tilt more towards hawkish stance

Asahi News 25 Apr 2024
Some analysts point to the risk of a repeat of September 2022, when Japan intervened to prop up the yen after it plunged on former BOJ Governor Haruhiko Kuroda’s post-meeting remarks stressing the bank’s resolve to maintain ultra-loose policy.
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US Dollar hits 34-yr high in mid-JPY 155 level

Kuna 25 Apr 2024
... betting the Bank of Japan will not be hiking rates in the near future, NHK said. It added that investors are watching the pair closely as the Bank of Japan began its two-day policy meeting on Thursday.

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