Browsing: Interest rate

TOKYO: The Bank of Japan ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from a focus of reflating growth with decades of massive monetary stimulus, according to Reuters.

CAIRO: Egypt’s central bank said on Wednesday that it had hiked interest rates by 600 basis points at an unscheduled meeting and that it would allow the exchange rate to be set by market forces as it shifted to an inflation targeting regime.

SINGAPORE – Oil prices fell on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated added to pressure.

MOSCOW, February 22. /TASS/. The average maximal interest rate for ruble deposits with the ten Russian credit institutions having the maximal amount of private deposits gained 0.03 percentage point and was equal to 14.86% in the second ten-day period of February 2024, the Central Bank of Russia said.

The Turkish central bank’s rate hike was double economists’ expectations   Türkiye’s central bank hiked its key interest rate to…