IMF debt dilemma looms after Pakistan election – former cenbank governor
LONDON (Reuters) – The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the …
cenbank
India cenbank aiming at multiple targets with simultaneous purchase, sale of dollars – bankers
By Nimesh Vora MUMBAI (Reuters) – The Indian central bank’s simultaneous purchase and sale of U.S. dollars in recent weeks has puzzled bankers, who speculate …
Pakistan cenbank to hold rates steady as inflation seen easing- Reuters poll
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, …
Polish PM: opposition threatens cenbank independence with tribunal talk
WARSAW (Reuters) – Polish opposition parties want to launch an attack on the independence of the central bank by putting its governor before a state …
Brazil cenbank chief says external scenario has not affected FX, balance of risks
BRASILIA (Reuters) -Brazil’s central bank chief Roberto Campos Neto said on Friday that the increased level of concern among policymakers about the external scenario has …
Credit card data show drop in Israelis’ spending since start of Gaza war -cenbank
By Steven Scheer JERUSALEM (Reuters) – Five weeks into Israel’s war with Palestinian militant group Hamas, Israelis are spending less but a recovery may have …
Argentina 2023 inflation seen at 185% -cenbank poll
BUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank raised their estimate for annual inflation for this year to 185.0%, the bank said on …
South Africa’s path to inflation stabilisation uncertain- cenbank
JOHANNESBURG (Reuters) – South Africa’s central bank said on Tuesday that upside risks to inflation had strengthened over the past months, heightening uncertainty about a …
Exclusive-Kenya plans $500 million Eurobond buyback with new loans – cenbank governor
By Rachel Savage and Jorgelina do Rosario MARRAKECH, Morocco (Reuters) – Kenya is planning to buy back up to a quarter of its $2 billion …
U.S. interest rate scenario calls for humbleness from Brazil’s cenbank -director
BRASILIA (Reuters) – Brazil’s central bank monetary policy director said on Thursday that the current strength of the U.S. economy, demanding higher interest rates for …
Turkey cenbank chief to meet Blackrock, JPM, DB at IMF/WB forum -source
ANKARA (Reuters) – Turkish Central Bank Governor Hafize Gaye Erkan will hold her first meetings with international investors since taking the job at the annual …
India cenbank seen holding rates steady Friday but striking hawkish tone
By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee is widely expected to keep key rates on hold when it announces its decision on …
Brazil cenbank chief says rate cut pace ‘appropriate’ for the moment
By Fabricio de Castro SAO PAULO (Reuters) – Brazil’s current pace of interest rate cuts is “appropriate” for the moment, central bank chief Roberto Campos …
Brazil’s cenbank chief warns inflation expectations may not converge amid fiscal concerns
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Friday that inflation expectations are not aligned with official goals, and signaled they …
India cenbank says stabilising core inflation shows easing price pressures
MUMBAI (Reuters) – The Indian central bank sees stabilising core inflation, which excludes food and fuel prices, as a sign of easing price pressures in …
Hungary’s tax-adjusted core CPI slows to 15.2% y/y in Aug -cenbank
BUDAPEST (Reuters) – Hungary’s tax-adjusted core inflation slowed to an annual 15.2% in August from 17.5% in July, the central bank said on Friday. The …
With Indian rupee near record low, cenbank steps up NDF intervention
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India has been frequently intervening in the non-deliverable forward (NDF) market to make sure that …
Chile’s economy stagnant in most optimistic scenario for 2023 -cenbank
SANTIAGO (Reuters) -Chile’s central bank on Wednesday lowered the top end of its estimate for the country’s economic performance in 2023, saying it now forecasts …
Exclusive-India cenbank nudges banks to settle UAE trades in rupee, dirham -sources
By Siddhi Nayak, Jaspreet Kalra and Shivangi Acharya MUMBAI/NEW DELHI (Reuters) – India’s central bank is nudging local banks to ask their clients to settle …
China cenbank says it will keep policy ‘precise, forceful’ to aid recovery
BEIJING (Reuters) – China’s central bank said on Thursday it would keep liquidity reasonably ample and keep its policy “precise and forceful” to support the …
Nigeria’s suspended cenbank governor to face fraud charges on Thursday
By Camillus Eboh ABUJA (Reuters) – Nigeria’s suspended central bank governor Godwin Emefiele will appear in a high court in Abuja on Thursday, when he …
Improving Brazil’s public revenue would set stage for more rate cuts -cenbank governor
BRASILIA (Reuters) – Brazil’s central bank Governor Roberto Campos Neto said on Thursday that improving public revenue would anchor inflation expectations in line with official …
Turkish cenbank governor, Finance Minister to attend JP Morgan investor meeting on Friday -sources
By Orhan Coskun and Karin Strohecker ISTANBUL/LONDON (Reuters) – Turkish Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet Simsek will attend a meeting …
Investors bought bonds, stocks and inflation hedges in busy cenbank week-BofA
By Samuel Indyk LONDON (Reuters) – Investors flocked to stocks and bonds in the week to Wednesday, Bank of America global research said in a …
Turkey’s cenbank to deliver another substantial rate hike to 20%: Reuters Poll
By Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to raise its policy rate by 500 basis points to 20% this week, a …
India needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin
MUMBAI (Reuters) – India will need to grow at a rate of 7.6% annually for the next 25 years to become a developed nation, according …
India cenbank seeks to give customers choice of card network
BENGALURU (Reuters) – The Reserve Bank of India (RBI) on Wednesday asked banks and non-bank lenders to issue credit, debit and prepaid cards on multiple …
Brazil cenbank chief signals he supports changing inflation target time frame
By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a continuous time frame for the …
India’s cenbank may cut rates in early 2024 as inflation eases – S&P
MUMBAI (Reuters) – The Reserve Bank of India will likely start cutting the policy repo rate in early 2024 once headline inflation eases toward the …
Hungary cenbank to cut one-day depo rate by another 100 bps next week: Reuters poll
By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank is expected to cut its key one-day deposit rate again next week, a Reuters poll showed, …
Brazil inflation hits 2-1/2 year low; cenbank pressured to lower rates
SAO PAULO (Reuters) – Inflation in Brazil continued to slow down in early May, data from statistics agency IBGE showed on Thursday, in a move …
Mexican peso to stay strong despite end of cenbank tightening cycle – analysts
By Noe Torres MEXICO CITY (Reuters) – The Mexican peso could remain the top performer among major global currencies in the coming weeks, despite Mexico’s …
ECB says Hungary govt decree has impaired cenbank independence
BUDAPEST (Reuters) – Hungary’s government has infringed the National Bank of Hungary’s (NBH) independence with a decree restricting access to the bank’s discount bill and …
Brazil’s cenbank governor signals no room for rate cut amid inflation concerns
BRASILIA (Reuters) – Brazilian central bank Governor Roberto Campos Neto ruled out an imminent interest rate cut by emphasizing that the country’s benchmark rate for …
Turkey cenbank gross reserves seen down $5 billion last week -bankers
ANKARA (Reuters) – Turkish central bank total gross reserves are expected to have fallen more than $5 billion to about $116 billion last week due …
Market stress may pressure Spanish banks despite strong liquidity- cenbank
By Jesús Aguado MADRID (Reuters) -Spanish lenders may feel the impact from rising global risks, such as the higher cost of funding and liquidity stress, …
Pakistan’s cenbank governor says inflation to begin decelerating over next few months
(Reuters) – Pakistan’s central bank governor said on Friday that the country’s inflation is expected to start decelerating over the next few months. “And with …
Argentina cenbank mulls another rate hike to tame 100% inflation – adviser, analysts
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina central bank board have been discussing the idea of another potential interest rate hike from the current …
Turkey’s cenbank urges banks to avoid creating forex demand, bankers say
By Nevzat Devranoglu ANKARA (Reuters) – Turkey’s central bank has been urging banks in recent weeks to avoid steps that could create demand for foreign …
Greek economy to grow 2.2% in 2023, prudence pivotal – cenbank chief
ATHENS (Reuters) – Greece’s economy will grow by 2.2% in 2023, its central bank chief said on Friday, urging the country to stick to the …
Brazil’s Haddad sees positive signs from cenbank on fiscal efforts
SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday the country’s central bank has sent “several signs” that measures being taken by …
Chile cenbank boosts GDP forecast for 2023 but lowers 2024 estimate
SANTIAGO (Reuters) – Chile’s central bank on Wednesday improved its expectations for the country’s economic growth this year but lowered estimates for 2024 as high …
India to continue on expected rate hike path, despite global cenbank rethink – analysts
By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee is likely to deliver the expected 25-basis point (bps) rate hike in April, even as …
Americanas scandal won’t affect Brazil banks much even in “extreme scenario” – cenbank
BRASILIA (Reuters) – Brazil’s central bank stated on Thursday that the potential impact of the accounting scandal involving retailer Americanas SA on banks would be …
South Korea to reactivate FX swap between pension fund, cenbank
By Yena Park and Jihoon Lee SEOUL (Reuters) -South Korea’s finance minister said on Thursday foreign exchange authorities were in talks to reactivate market stabilizing …
Exclusive-S.Korea pension fund ready to revive FX swap with cenbank
By Jihoon Lee and Yena Park SEOUL (Reuters) – South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, will collaborate …
New Zealand rate hike in best interests of all amid weather crisis -cenbank
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand central bank considered the impact of recent extreme weather events when deciding to hike the cash …
Pakistan current account deficit falls to $0.2 billion in Jan – cenbank
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan’s current account deficit (CAD) dropped to $0.2 billion in January 2023, down 90% from last year as …
Brazil’s govt not planning to push for cenbank chief swap, senator says
SAO PAULO (Reuters) – Brazilian Senator Randolfe Rodrigues, the government leader in Congress, said on Wednesday there was no government guidance regarding replacing central bank …
Brazil’s govt not planning to push for cenbank chief swap, senator says
SAO PAULO (Reuters) – Brazilian Senator Randolfe Rodrigues, the government leader in Congress, said on Wednesday there was no government guidance regarding replacing central bank …