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The central bank of Angola, Africa’s second-biggest oil producer after Nigeria, kept its benchmark interest for a fourth consecutive meeting in a bid to curb price pressures. The key lending rate was left at 10.25 percent, according to a text ...
May 24, 2012 at 23:14 | Source: Bloomberg
PARIS — The head of Germany’s central bank says there is no quick fix for Europe’s problems, calling appeals for more support from the European Central Bank and plans for investment in infrastructure a distraction from the hard work of reform.
May 25, 2012 at 11:53 | Source: Washington Post
(RTTNews) - India's central bank has been monitoring the rupee and has taken steps to improve dollar inflows, Reserve Bank of India Governor Duvvuri Subbarao said Thursday. The Indian currency, which breached the 56-mark against the U.S. dollar yesterday ...
May 24, 2012 at 12:51 | Source: RTT News
SAO PAULO -(Dow Jones)- The Brazilian real strengthened in intraday trading Friday after repeated interventions by the central bank reinforced the outlook the government won't let the real weaken much past BRL2.05 to the dollar. After opening at ...
May 25, 2012 at 15:35 | Source: NASDAQ
The Bank of Thailand will likely advocate keeping the policy interest rate at 3% at the next meeting of the Monetary Policy Committee (MPC), says governor Prasarn Trairatvorakul. The MPC, which sets the country's monetary policy stance including the policy ...
May 24, 2012 at 18:42 | Source: Bangkok Post
LONDON (Reuters) - Nigeria's weakening growth outlook is making it difficult for the central bank to raise interest rates, the country's deputy central bank governor said on Thursday, after the bank held rates for the fourth time in a row this week.
May 25, 2012 at 05:41 | Source: Reuters
CENTRAL Bank Governor Panicos Demetriades yesterday did not rule out Cyprus seeking a bailout from the EU as long as this would benefit the economy. "We should not rule out anything as long as this can benefit the economy," Demetriades told ...
May 26, 2012 at 10:12 | Source: Cyprus Mail
OTTAWA (Reuters) - The Canadian economy probably expanded at a significantly slower rate in the first quarter than the Bank of Canada had predicted in January, and in fact its spare capacity may have risen, a Reuters survey of analysts showed on ...
May 25, 2012 at 21:11 | Source: Reuters Canada
Brazil’s real advanced for a third straight day, appreciating 0.5 percent to 2.0199 per dollar at 9:56 a.m. in Sao Paulo. The central bank will offer as many as 40,000 currency swap contracts at auction today, it said in a statement.
May 25, 2012 at 13:12 | Source: Bloomberg
One of the myths that needs to be cast aside in any review of the role of the Bank of England in recent years is the myth that the Bank is and can be independent. In a democracy voters take great interest in economic progress as it ...
May 26, 2012 at 07:34 | Source: favstocks.com