Turkey’s central bank has lowered its key interest rate by a further 2.5 percentage points days after official figures indicated a slowdown in inflation that has eroded households’ purchasing power.
Malaysia's central bank kept its benchmark interest rate unchanged on Thursday, expecting economic activity to remain strong this year and inflation manageable, but it warned of increasing risks to the global economy.
India's central bank plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven people,
Ghana’s central bank said it’s in talks with domestic lenders on how they should tackle a rise in bad loans that in part stems from a government debt renegotiation, with one lender unable to recover as much as 81% of its total credit.
(Reuters) - Adrian Orr, who unexpectedly resigned as New Zealand's central bank governor on Wednesday, had a reputation as a maverick policymaker unafraid to surprise financial markets, and who clashed repeatedly with current Finance Minister Nicola Willis.
The UK unfroze the assets of Syria’s central bank and lifted sanctions on multiple oil groups and commercial lenders in the country, providing a lifeline to the devastated economy and its new rulers as they seek to mend ties with the west.
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