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PRETORIA (Reuters) - South Africa's Reserve Bank left its repo rate unchanged at 5.5 percent on Thursday, as expected, saying global economic uncertainty was posing a downside risk to domestic growth while inflation had probably already peaked ...
May 24, 2012 at 13:56 | Source: Reuters
MUMBAI: India’s central bank likely intervened in foreign exchange markets on Tuesday after the rupee breached the key 54 level against the dollar, nearly hitting its lifetime low, dealers said. India’s Reserve Bank of India (RBI) is ...
May 15, 2012 at 05:03 | Source: DAWN Group
Roughly 40 examiners from the Federal Reserve Bank of New York and 70 staff members from the Office of the Comptroller of the Currency are embedded in the nation’s largest bank. They are typically assigned to the departments undertaking the greatest ...
May 26, 2012 at 22:15 | Source: CNBC
THE interest rate at which South Africa’s banks lend and borrow among each other and the Reserve Bank was left unchanged at 5,5% on Thursday. The prime rate remains at 9%. Gill Marcus, governor of the Reserve Bank, made the announcement, which keeps the ...
May 24, 2012 at 13:13 | Source: Business Day South Africa
The head of a national Federal Reserve panel devoted to improving bank/credit union dialogue and gathering grassroots economic data voiced support this week for the group’s record in shedding light on charter differences and addressing regulatory barriers.
May 22, 2012 at 17:54 | Source: Credit Union Times
South Africa's central bank is expected to keep its main policy rate unchanged for the ninth meeting in a row next week, hoping the economy will start to show some signs of oomph before it hikes the rate to curb high inflation next year. All 31 economists ...
May 18, 2012 at 10:28 | Source: Engineering News
In an interview with PBS Newshour, Geithner was asked whether or not it is a conflict of interest for JPMorgan Chase CEO Jamie Dimon to sit on the board of the Federal Reserve Bank of New York, which is responsible for regulating the banks.
May 17, 2012 at 23:01 | Source: Huffington Post
BEIJING -- China's central bank will likely lower the level of reserves banks must hold twice more this year to boost flagging growth, with the next cut in the third quarter, a survey of 10 economists by Dow Jones Newswires showed Tuesday.
May 15, 2012 at 09:06 | Source: NASDAQ
Dimon also sits on the board of the New York Federal Reserve, and his bank took over $390 billion in bailout loans from the Fed after the financial crash of 2008. “In other words, the people ‘regulating’ the banks are the exact same people ...
May 23, 2012 at 13:21 | Source: Raw Story
RBA - Investors are pricing in 125bp of easing from the Reserve Bank of Australia by the end of the year! I have been bearish the AUD but 125bp is a FAR out of line. At most the RBA will lower rates by another 75bp and more likely only 50bp by ...
May 25, 2012 at 09:08 | Source: FXStreet.com