News

Reserve Bank holds Official Cash Rate at 3.25%
The Reserve Bank has held the official cash rate at 3.25 percent. To cut or not to cut? That is the question confronting the ...
Australia's central bank stuns markets by passing up chance to cut rates
Australia's central bank on Tuesday left its cash rate steady at 3.85%, a shock for markets that had confidently wagered on a ...
Central Bank stake to double bancassurance for company: Future Generali MD
State-owned Central Bank of India acquired a 24.91 per cent stake in Future Generali India Insurance for ₹451 crore ...
European Central Bank head: Frequent shocks to economy make inflation more unpredictable
FRANKFURT, Germany (AP) — The head of the European Central Bank said inflation has become more unpredictable due to shocks ...
Malaysia’s Central Bank Says Ringgit Is Market-Determined
Bank Negara Malaysia said the ringgit’s exchange rate is market-determined and that the central bank’s derivative positions ...
China’s central bank seeks European lenders’ advice on low interest rates
China’s central bank has asked European financial institutions for advice on dealing with the effects of low interest rates, ...
Vietnam central bank to prioritise growth for rest of year amid global uncertainties
Vietnam's central bank said on Tuesday it will continue to adopt flexible monetary policies for the rest of the year, with ...
Indian Central Bank Drains $10 Billion to Lift Short-Term Rates
India’s central bank drained 849.75 billion rupees ($10 billion) of excess cash from the banking system in its first such ...