Tag: Central Banks

The Economist Intelligence Unit (EIU) has reconfirmed its forecast of an average end-year inflation rate of 38.1% for Ghana in 2023. This indicates that prices of goods and services will ...

Central banks in Africa’s biggest economies, according to Bloomberg, are poised to raise interest rates this month to contain sticky inflation and deter a selloff in their assets, heightened by ...

The annual average rate in the increase of goods and services prices in Turkey has slightly reduced for the first time in more than a year. According to the official ...

According to the World Gold Council (WGC) in its latest quarterly report, central banks bought a record 399 tonnes of gold worth around US$20 billion in the third quarter of 2022, ...

As the growing uncertainties in the global market prolongs, more central banks worldwide are expected to increase their gold holdings this year as they continue to view the bullion as ...

By carefully calibrating digital currencies, and by applying a nuanced approach to the implementation of Central Bank Digital Currencies (CBDCs), CBDCs stands the chance of being the next big gig, ...

EMTECH, an award winning fintech for Central Banks and Global InfoSwift (GIC) have announced a partnership to provide capacity building programs for Nigerian financial services regulators and providers. The development ...

The Bank of Ghana (BoG), in a pioneering collaboration with the Monetary Authority of Singapore and three other Central Banks and the Mastercard Foundation have launched a report on the ...

The impact of the COVID-19 pandemic on African trade finance shows that global financial conditions caused a wire out of the continent, in excess of $5 billion, a new report ...

Sustained high debt levels and prolonged low-interest rates will constrain the ability of policymakers in developed markets (DMs) to stimulate their economies in the event of a new shock, Fitch ...