Central

German, Dutch central banks post big losses, warn of more
German, Dutch central banks post big losses, warn of more
February 23, 2024
THE German and Dutch central banks on Friday (Feb 23) posted multi-billion euro losses for 2023 and predicted more financial pain ahead, suggesting that they are unlikely to pay...
Ringgit tanks to 26-year low; central bank maintains economic prospects remain positive
Ringgit tanks to 26-year low; central bank maintains economic prospects remain positive
February 20, 2024
In a media statement, Bank Negara governor Abdul Rasheed Ghaffour maintained the central bank’s stance that Malaysia’s economic growth remained resilient, underpinned by the improvement in external demand and...
Cracks start to emerge in global central bank synchronicity
Cracks start to emerge in global central bank synchronicity
February 19, 2024
THE four-year synchronisation among developed-world central banks might be about to weaken as domestic drivers take over from global trends in determining price outlooks. A pioneer of inflation targeting...
India central bank extends deadline for Paytm unit wind-down to March 15
India central bank extends deadline for Paytm unit wind-down to March 15
February 16, 2024
INDIA’S central bank has extended the deadline for winding down operations of Paytm Payments Bank, an associate of One 97 Communications or Paytm, by 15 days to Mar 15,...
India central bank extends deadline for Paytm banking unit wind-down
India central bank extends deadline for Paytm banking unit wind-down
February 16, 2024
INDIAN lender Paytm Payments Bank got a much-sought after extension from the central bank to wind down its operations on Friday (Feb 16), even as its overseas transactions are...
Philippine central bank keeps benchmark rate unchanged at 6.50%
Philippine central bank keeps benchmark rate unchanged at 6.50%
February 15, 2024
THE Philippine central bank kept its benchmark interest rate steady at 6.50 per cent for a third straight meeting on Thursday (Feb 15), as price pressures have further eased....
Australia central bank says inflation slowdown requires productivity revival
Australia central bank says inflation slowdown requires productivity revival
February 12, 2024
AUSTRALIA’S central bank on Tuesday reiterated that while inflation was slowing, it was still too high and would take time to return to target, with much depending on whether...
Australia’s top central banker warns still some way to go to meet inflation target
Australia’s top central banker warns still some way to go to meet inflation target
February 8, 2024
AUSTRALIA’S top central banker on Friday said there was still some way to go to meet the midpoint of the central bank’s target range of 2-3 per cent, adding...
India’s central bank leaves rates unchanged, as expected
India’s central bank leaves rates unchanged, as expected
February 8, 2024
INDIA’S key rate was left unchanged for a sixth straight meeting on Thursday, as inflation remained above the central bank’s 4 per cent medium-term target while economic growth continued...
Turmeric, Ginger And Cardamom: Doselva Builds A New Supply Chain For Coffee Farmers In Central America
February 26, 2023
Coffee farmers in Central America have been hard-hit in recent years by both the impact of climate change and price volatility. With revenues down, they’ve been turning to other...