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Results for
central bank
142 Results-
Former Iran central bank governor gets 10-year jail term
A former governor of Iran’s central bank was sentenced Saturday to 10 years in jail over the loss of $160 million and 20 million euros in foreign ... Middle East -
Lebanon central bank chief faces FOREX scam, professional negligence charges
A Lebanon judge on Thursday referred central bank chief Riad Salameh to judicial investigation over his mishandling of a foreign currency scheme meant ... Economy -
As Lebanon's central bank audit crumbles, the worst is yet to come
Lebanon’s controversial central bank forensic audit fell apart last week, signaling that the worst may be ahead for the crisis-stricken ... Features -
Turkish lira weakens near to record low after policy tightening move by Central Bank
The Turkish lira neared a record low on Friday as investors weighed up the central bank’s return to “stealth” tightening through its interest rate ... Economy -
Lebanon’s Salameh: Central bank ‘willing to do what is necessary’ to secure IMF deal
Lebanon’s central bank will do what’s needed to advance stalled bailout talks between the government and the International Monetary Fund, its veteran ... Economy -
UAE president orders reshuffle of central bank
The United Arab Emirates president ordered the reshuffle of the central bank's board of directors, state news agency WAM said on Thursday.The ... Economy -
Turkey revokes requirement for central bank deputy governors to be experienced
Turkey has revoked a requirement that central bank deputy governors have 10 years prior experience and dropped a rule that banks set aside 20 percent ... Economy -
Lebanon: New electronic FX trading platform to open June 23
A new electronic foreign exchange trading platform will open on June 23 as part of efforts to unify the price of dollars on a parallel market, the ... Economy -
Lebanon to audit all central bank transactions, says Economy minister
The audit of Lebanon’s central bank accounts announced last month will include every transaction at the bank, Economy Minister Raoul Nehme said in an ... Economy -
Lebanon will audit central bank amid debt restructuring talks: PM Diab
Lebanon will audit its central bank’s accounts in a bid to show transparency after launching debt restructuring talks with creditors, Prime Minister ... Economy -
Coronavirus: Saudi banks to postpone repayment of loans for health employees
Saudi Arabia’s central bank announced on Sunday that the Saudi Arabian Banks in the Kingdom will postpone repayment of loan installments for three ... Economy -
UAE central bank stimulus will ‘soften coronavirus’ blow to economy:’ Moody’s
The 100 billion dirham ($27.2 billion) stimulus package announced by the UAE central bank on Saturday will “soften coronavirus’ blow to ... Economy -
Here’s how central banks responded to the coronavirus this week as markets dived
Global central banks stepped up their crisis-fighting this week in a campaign to keep markets functioning and economies growing as the coronavirus ... Economy -
Coronavirus: Saudi Central Bank announces $13 bln financing package
Saudi Arabia’s central bank said on Saturday it had prepared a 50 billion riyal ($13 billion) package to help small and medium-sized ... Economy -
Lebanon central bank chief says $1 bln sent abroad
The governor of Lebanon’s central bank said Thursday that $1 billion had been transferred out of the country, despite tight restrictions on ... Economy -
Lebanon central bank reassures foreign investors amid financial crisis fears
Lebanon’s central bank said on Saturday there would be no “haircut” on deposits at banks due to the country’s financial crisis ... Economy -
Lebanese protesters block road outside central bank
Lebanese protesters used sandbags and bricks Monday to block a main street outside the country’s central bank, protesting financial policies ... Middle East -
Egypt central bank expands financing for distressed tourism companies
Egypt’s central bank is increasing its financing package to help distressed tourism companies and investors to 50 billion Egyptian pounds ($3.1 ... Economy -
Cen.bank governor: Lebanon needs solution in days to avoid economic collapse
Lebanon needs a political solution to the country’s crisis in days to regain confidence and avoid a future economic collapse, Central Bank ... Economy -
Lebanese central bank says new circular will reduce pressure on dollar demand
A Lebanese central bank circular to be issued on Tuesday will reduce the pressure on US dollar demand at currency exchange offices, central bank ... Economy -
Dollars available in Lebanese banking sector: cbank governor
Lebanese central bank governor Riad Salameh said on Monday that Lebanese banks were meeting customer demand for US dollars which are still available ... Economy -
Turkey tells banks to write off $8 bln in bad loans
A Turkish regulator on Tuesday told banks to write off 46 billion lira ($8.1 billion) of loans by year end and set aside loss reserves, one of ... Economy -
Argentina cenbank tightens FX market access
The Argentine government has authorized the central bank to restrict currency purchases, according to a decree published in an official bulletin on ... Economy -
India central bank unveils $24 bln windfall for government
India’s central bank has announced a $24-billion windfall for the cash-strapped government, giving a much-needed boost to Prime Minister ... Economy -
Credit ratings underscore need for Lebanon reforms: Finance minister
Lebanon is committed to economic reforms and will overcome its crisis, the finance minister told Reuters on Friday after Fitch downgraded the ... Economy -
Turkish central bank dismisses chief economist, department managers
The Turkish Central Bank has dismissed its chief economist Hakan Kara and some department managers as part of a reorganization of the bank ordered by ... Economy -
Bank of Japan maintains monetary policy ahead of Fed decision
The Bank of Japan maintained its ultra easy monetary policy Tuesday and said it would “not hesitate” to take further measures if needed, ... Economy -
Turkey central bank seen making deeper rate cut on July 25
The Turkish central bank is expected to cut its key interest rate by 250 bps from its current 24 percent on July 25, a Reuters poll showed on Friday, ... Economy -
Erdogan says Turkey may face problems if central bank not revised
President Recep Tayyip Erdogan said Turkey could face serious problems if the country’s central bank is not completely revised after the ... Economy -
Turkish lira weakens 2.1 pct after central bank governor dismissed
The Turkish lira was 2.1 percent weaker against the dollar on Monday after President Tayyip Erdogan dismissed the central bank governor, laying bare ... Economy