The RBI’s interventions in the forex market to defend the rupee have drained money from the banking system. As a result, ...

On monetary policy, Abiru noted the CBN’s decision to retain the Monetary Policy Rate (MPR) at 27 per cent while adjusting the standing facility corridor, saying it reflects a delicate balance between ...

The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday and took steps to boost banking-sector ...

To stabilise the exchange rate, the Bangladesh Bank purchased dollars from commercial banks for the second time this week. On Thursday, it bought $134 million at Tk 122.29 per dollar. By buying ...

The move snapped a two-meeting run of pauses as cooling inflation creates room to lend the economy more support against ...

Visa said on Thursday that it plans to launch operations in Syria, following an agreement with Syria’s central bank on a ...

A group of ten major European banks has created Qivalis, a Netherlands-based company that plans to issue a euro-backed ...

Digital banking incorporates the best of online banking (a service you might be familiar with through your current bank) and ...

Nigeria's appetite for cash intensified in October as Currency Outside Banks (COB) climbed for the second consecutive month to N4.65 trillion, signalling a renewed scramble for physical cash across ...

From crypto to gold and beyond, Ghana’s central bank is playing a vital role in the country’s journey to macroeconomic ...

The St. Louis Fed and the Cities for Financial Empowerment Fund established the Bank On National Data (BOND) Hub to aggregate and share impact metrics from financial institutions related to account ...

Bangladesh’s economy today is not collapsing; it is undergoing a difficult but necessary reconstruction after more than a ...