Central
FX Reserve Slumps to $6.7bn, Pakistan Looks to Saudi Arabia for Assistance
Net foreign reserves with commercial banks stand at $5.867 million. Liquid foreign reserves in totality held...
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From 70%, Sri Lanka Central Bank sees the inflation rate cool down by 4%-5% by the end of 2023
The Sri Lanka Central Bank governor stated that the nation may steadily relax the currency band...
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Saudi Arabia in discussions to deposit $5 billion at the Turkish Central Bank
Saudi Arabia’s huge deposit will be a major boost for President Recep Tayyip Erdogan’s efforts to...
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Bank of England prepares for the biggest rate hike in 33 years
The Bank of England intends to increase its interest rates from three-quarters of a percentage point...
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Bank Of England’s Bond Buying Intervention Concludes at £19.7bn, Gilt Yield at 4.825%
Bank of England had promised to buy £65bn worth of gilts through a temporary repo facility...
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National Bank of Bahrain reports 34 percent jump in Q2 net profit to USD 53 million
National Bank of Bahrain B.S.C (NBB) has reported a 34 percent increase in its net profit...
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Zimbabwe launches new gold coins as legal tender to tackle hyperinflation in 2022
Zimbabwe has launched new gold coins to be sold in public, in a bid to curb...
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National Bank of Bahrain signs an extended partnership with Mastercard to enhance portfolio through new premium offerings in 2022
The National Bank of Bahrain (NBB), and global payment technology solutions company, Mastercard have announced a...
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QNB launches WeChat Pay and AliPay+ in Qatar in 2022
QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, has announced...
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Central Bank of Europe ready to ‘stamp out’ surging inflation in 2022
On Tuesday, the head of the Central Bank of Europe said it would gradually combat soaring...
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