Argentina Dollarization Is Medium-Term Goal, Caputo Tells Bankers
The government of Javier Milei won’t lift currency controls immediately after taking office on Dec. 10, while keeping
2023-11-25 06:58
Nigeria Central Bank Chief Vows to Curb Inflation, Steady Naira
Nigeria’s central bank pledged to restore price stability and steady the country’s battered currency, signaling tighter monetary policy
2023-11-25 05:55
Lagarde Says ECB Can Now Observe Impact of Its Rate Hikes
The European Central Bank is now at a point where it can pause and assess the impact of
2023-11-25 00:25
Wall Street Cheers as Milei Swaps Dollarization for Macri Brass
In the blink of an eye, Argentine President-elect Javier Milei pivoted away from advisers advocating for his most
2023-11-24 23:28
Euro-Area Growth Outlook Faces Downside Risks, ECB’s Guindos Says
European Central Bank Vice President Luis de Guindos said there are risks to the current growth outlook and
2023-11-24 22:18
Canada Retail Sales Jump 0.8% in Sharp Spending Rebound
Canadian consumers splurged in September and October, a surprise resurgence in spending even as high interest rates restrict
2023-11-24 22:17
Biggest Kenyan Bank’s Stock Lags Peers Under Weight of Bad Loans
Investors in KCB Group Plc, Kenya’s biggest bank by assets, got a reminder this week why the stock
2023-11-24 21:18
Turkey Nears First Bond Sale to Abu Dhabi Fund in Landmark Deal
Turkey is weighing its inaugural bond sale to an Abu Dhabi sovereign wealth fund by the end of
2023-11-24 20:53
BOE Will Not Relent in Inflation Battle, Chief Economist Says
The Bank of England will not relent in its fight against inflation despite signs that the UK economy
2023-11-24 18:51
China’s Belt and Road Eyes Smaller Projects, More Use of Yuan
China said it would prioritize small projects and push for greater use of the Chinese currency through its
2023-11-24 15:47
New Zealand Per-Capita Retail Sales Fall to Three-Year Low
New Zealand consumers are spending less per person after adjusting for inflation as high interest rates and rising
2023-11-24 10:58
Sri Lanka Cuts Rates to Spur Economy as Debt Plan Awaited
Sri Lanka cut its benchmark rate for a fourth time this year to help support the economy’s turnaround
2023-11-24 10:51