Latest News for: Banking policy

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JAMIE MCGEEVER: Forex markets gear up for G10 central banks’ policy blitz

Business Day 10 Dec 2024
Remarkably, four of those — Bank of Japan, Bank of England, Riksbank and Norges Bank — will deliver their policy verdicts on the same day, December 19.
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Sanjay Malhotra Appointed as New RBI Governor for a Three-Year Term

Bitcoin World 10 Dec 2024
With extensive experience in fiscal policy, economic reforms, and public administration, Malhotra is set to lead India’s central bank at a time of global economic uncertainty and evolving domestic challenges.
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Türkiye’s disinflation in line with soft landing goal: Experts

Anadolu Agency 10 Dec 2024
Nazli said the bank may cut the policy rate by 150-250 basis points at the end of December, led by developments in inflation in the first three weeks of the month and the course of minimum wage negotiations.
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HSBC accused of funding deforestation in South America

The Daily Telegraph 10 Dec 2024
HSBC has been accused of funding deforestation in one of South America’s largest forests, increasing scrutiny of the bank’s climate policy under Georges Elhedery, its new chief ... policy for the bank.
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To-do list for RBI's new boss

The Times of India 10 Dec 2024
With central bank digital ... And Malhotra, a technocrat well versed in different spheres of public policy, is expected to brace the central bank’s arsenal to combat the unknown unknowns.Also read.
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Shaktikanta Das steered RBI with persuasive diplomacy

The Times of India 10 Dec 2024
... succeeded Urjit Patel, whose tumultuous and transformative tenure was marked by demonetisation, a new monetary policy framework, bankruptcy reforms, and lending restrictions on public sector banks.
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China still has further room for RRR, interest rate cuts

Lange Steel 10 Dec 2024
And with the central bank maintaining its stance on a supportive monetary policy, we believe that there is still room for further RRR, or reserve requirement ratio, and interest rate cuts.
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How the Reserve Bank manages climate-related shocks

Business Day 10 Dec 2024
The SA Reserve Bank approaches this in three ways ... Climate policy is not the responsibility of SA Reserve Bank ... Do you think central banks should conduct climate impact assessments of their policies? ... What is the SA Reserve Bank’s view?.
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Rupee settles on a flat note near all-time low at 84.85 against US dollar

Business Line 10 Dec 2024
... as change of guard at the Reserve Bank of India raised expectations of a shift in the central bank's monetary policy.
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Australia's central bank closer to cutting rates, Feb not ruled out

RTE 10 Dec 2024
Wrapping up its December policy meeting, the Reserve Bank of Australia kept the cash rate unchanged at 4.35% but softened its hawkish stance ... The RBA has held its policy steady for over a year now ...
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Is the new BoG  office building the catalyst to attaining its mandate?

B & FT Online 10 Dec 2024
... at a time that all policy energies should have been garnered towards reducing inflation and depreciation of the cedi, and bolstering the banking system to support growth and reduce unemployment.
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PPI shows modest recovery last month

China Daily 10 Dec 2024
"November's PPI showed improvement both year-on-year and month-on-month, reflecting the positive impact of a series of incremental policies on the production side," said Wen Bin, chief economist at China Minsheng Bank.
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RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings

Hindustan Times 10 Dec 2024
Achieving the right balance between inflation and growth, a key tradeoff for all economies, is “the most important task for the Reserve Bank of India (RBI)”, Shaktikanta Das, the outgoing governor of India’s central bank, said on Tuesday.
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Chinese shares climb on policy shift

Business Day 10 Dec 2024
The Reserve Bank of Australia said in its policy statement on Tuesday that ... Investors’ focus now turns to a press conference at 4.30am GMT for guidance around inflation and the bank’s next policy move.
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Pound rises to 20-month high against weakened euro

The Times/The Sunday Times 10 Dec 2024
Lower borrowing costs and looser monetary policy tend to weaken a currency. The pace of the ECB’s rate-cutting has exceeded that of the Bank of England, which has lowered borrowing costs twice this year and is.

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