Results for
Central bank
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Lebanon cabinet fails to select successor to central bank head Salameh, vacuum looms
Lebanon’s cabinet on Thursday failed to meet to choose a successor to long-time central bank governor Riad Salameh, meaning the bank could be ... Middle East -
Saudi Arabia, Gulf countries follow US Fed quarter-point hike to protect currency peg
Central banks in the Gulf including in Kuwait and Saudi Arabia matched the Federal Reserve’s 25 basis-point rate increase on Wednesday as they aim to ... Saudi Arabia -
Dozens protest in front of Iraq central bank after US blacklist of Iraqi banks
Dozens of people protested in front of the Central Bank of Iraq in Baghdad and bank owners called for official action to stem a sharp increase in the ... Middle East -
Pakistan thanks Saudi leadership for $2 bln central bank deposit ahead of IMF meeting
Saudi Arabia has deposited $2 billion into Pakistan’s central bank, the government said Tuesday, a much-needed financial boost ahead of a critical ... Saudi Arabia -
Sri Lanka unveils first rate cut in three years as inflation falls
Cash-strapped Sri Lanka on Thursday sharply cut interest rates for the first time since it last year crashed into its worst economic crisis, with the ... World News -
Lebanon imposes travel ban on Central Bank governor Riad Salameh
A Lebanese judge has banned the country’s central bank chief Riad Salameh from traveling, days after Beirut received an Interpol red notice following ... Middle East -
UAE imposes sanctions on 8 banks for failure to comply with NDDSF rules
The UAE Central Bank imposed administrative sanctions on eight banks over their failure to comply with rules linked to the Nationals Defaulted Debts ... Banking & Finance -
Lebanon central bank chief did not attend French fraud hearing: Source
Lebanon’s central bank chief did not attend a hearing in Paris on Tuesday where French prosecutors were expected to press preliminary fraud and money ... Middle East -
Turkey tightens rules on FX deposits in new move to support lira
Turkey’s central bank on Friday tightened regulations deterring banks from holding foreign currency as the lira comes under pressure.The decisions ... Economy -
Gulf nations follow US Fed’s quarter-point hike to maintain pegs
Central banks in the Arab Gulf including in Saudi Arabia and Qatar followed the US Federal Reserve’s 25 basis-point rate hike on Wednesday as they ... Economy -
Lebanon’s Salameh does not attend hearing, session postponed: Sources
Lebanon’s embattled central bank governor Riad Salameh did not attend a corruption probe hearing on Wednesday held by a local judge alongside European ... Middle East -
Lebanon central bank chief hearing in graft probe set for March 15
A Lebanese investigative judge has scheduled a March 15 hearing for Lebanese central bank governor Riad Salameh as part of a cross-border corruption ... Middle East -
Philippine inflation to stay at 14-year high in February
Philippine inflation may stay at a 14-year high in February, according to the central bank, putting pressure on the monetary authority to sustain its ... Economy -
Sweden hikes rate to highest level in over 10 years in an attempt to combat inflation
Sweden’s central bank announced Thursday yet another large interest rate hike to combat inflation nearing 10 percent, bringing its key rate to its ... Economy -
Japan to unveil huge package to address inflation
Japan is expected Friday to announce a huge stimulus package to cushion the economy from the impact of a weak yen and inflation, though the central ... Economy -
Lebanese take to streets to protest economic collapse as currency hits all-time low
Hundreds of demonstrators took to the streets across Lebanon Tuesday to protest the incompetence of politicians as the country’s economic collapse ... Middle East
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