Central Bank

The central bank of New Zealand said it was getting close to a point of “low and stable inflation” as it cut the main interest rate by half a percentage point on Wednesday, the lowest level...

China’s central bank on Tuesday unveiled a raft of measures to boost the country’s struggling economy, cutting the amount of cash banks must hold in reserve and lowering a key interest rate. China’s economy, the world’s...

The United Nations said it held talks Monday with rival powers in Libya over the country’s central bank crisis which has threatened vital oil income. The UN Support Mission in Libya hosted the two administrations separately...

Turkey’s central bank on Thursday kept its key interest rate unchanged for the third month in a row as annual inflation runs high over 75 percent. The bank’s monetary policy committee said it had decided to...

With persistent inflation risks and robust economic growth, India, the world’s fifth-largest economy, saw its central bank maintain unchanged interest rates for the seventh consecutive week on Friday. The benchmark “repo rate,” or the amount at...

China’s central bank on Tuesday cut a key benchmark lending rate used to price mortgages, as Beijing seeks to boost its flagging growth. Officials in China have struggled to kickstart economic growth as they battle a...

Following the ruble’s plummet to a more than 16-month low against the dollar on Tuesday, Russia’s central bank increased its benchmark interest rate from 8.5 to 12 percent. “This decision was taken in order to limit...

Australia’s central bank hiked interest rates to a near eight-year high Tuesday as it joins others in trying to bring down sky-high inflation and warned further increases were likely that would hit families’ pockets. The Reserve...

South Korea said Monday it will halt all transactions with Russia’s central bank in the latest series of punitive actions against Moscow over its invasion of Ukraine. The foreign ministry said in a statement it had...

After officials ordered a fresh lockdown to combat a coronavirus spike caused by the highly contagious Delta type, Malaysia’s central bank reduced its economic growth prediction for this year on Friday. The country, like the rest...