Imposing fees on “InstaPay” transactions and bank transfers in 2024.. What are the details?

Imposing fees on “InstaPay” transactions and bank transfers in 2024.. What are the details?

04:52 PM Wednesday, November 22, 2023 Written by Manal Al-Masry: The Central Bank intends to apply small fees to transactions through the national network for real-time transfers, “InstaPay,” as well as to return to transfers between banks starting in January 2024, according to a Central Bank official whom Masrawy spoke to. The official explained that … Read more

Iranian cars began to be delivered to Russian car dealerships

Iranian cars began to be delivered to Russian car dealerships

​ Sales of the new Iranian sedan Iran Khodro Dena have begun in several dealership centers in the Russian Federation. Cars are imported into the country through parallel import; these cars will cost the future owner 1.6–1.7 million rubles, writes Autonews. At the same time, Russians have the opportunity to save additional money on purchasing … Read more

The Russian Federation’s Reorientation Challenges Amid Sanctions

The Russian Federation’s attempt to reorient itself from Western countries to “friendly” jurisdictions has encountered numerous problems. Russia, which found itself under unprecedented sanctions after the start of the war against Ukraine, tried to reorient itself from Western jurisdictions to so-called friendly states, but such countries are in no hurry to help the Kremlin, fearing … Read more

Understanding the Use of Cookies and Data Processing: What You Need to Know

Understanding the Use of Cookies and Data Processing: What You Need to Know

To provide the best experiences, we use technologies such as cookies to store and/or access information about your device. Agreeing to these technologies allows us to process data such as browsing behavior or unique IDs on this site. If you do not give consent or withdraw your consent, this may adversely affect certain functions and … Read more

Creating a Financial Safety Net: Expert Recommendations from Banki.ru

Creating a Financial Safety Net: Expert Recommendations from Banki.ru

Experts in a publication on Banki.ru gave recommendations on creating a financial safety net. In times of turbulence, it is necessary to be prepared for a crisis, layoff, unplanned expenses, repairs or large purchases. As analysts explained, the financial airbag is mainly aimed at saving money and putting it aside for an emergency. To form … Read more

Central Bank of Egypt: Net International Reserves Reaches 35,101.8 Billion USD in October 2023

Central Bank of Egypt: Net International Reserves Reaches 35,101.8 Billion USD in October 2023

The Central Bank of Egypt announced today that net international reserves will reach 35,101.8 billion US dollars at the end of October 2023. The Monetary Policy Committee of the Central Bank of Egypt decided in its meeting last Thursday, corresponding to November 2, 2023, to maintain the overnight deposit and lending interest rates and the … Read more

China’s Money Markets Experience Liquidity Crisis Due to Government Debt Sales

China’s Money Markets Experience Liquidity Crisis Due to Government Debt Sales

Bloomberg — A brief liquidity crisis shook China’s money markets earlier this week, illustrating how the country’s tightly managed financial system is under strain from a deluge of government debt sales. On Tuesday, interest rates on overnight interbank loans shot up to 50% in isolated transactions for non-bank institutions, worsening a usually mild end-of-month funding … Read more

Top 5 Cars to Avoid Buying on the Used Car Market

Top 5 Cars to Avoid Buying on the Used Car Market

When purchasing a used car, the future owner hopes that the car will not cause much trouble, writes “Behind the wheel” However, there are a number of cars that are not reliable. The WhatCar publication, together with the insurance company MotorEasy, conducted a study and found out which cars on the secondary market are definitely … Read more

SE Capitalia Receives Operating Permit for Crowdfunding Services in Latvia and Across EU Borders

SE Capitalia Receives Operating Permit for Crowdfunding Services in Latvia and Across EU Borders

Published: 02.11.2023. On November 1, the Supervisory Committee of the Bank of Latvia decided to issue SE “Capitalia” with an operating permit as a provider of collective financing services in accordance with Regulation no. 2020/1503. SE “Capitalia” is registered in the register of crowdfunding service providers with the right to facilitate the granting of loans. … Read more

The US Federal Reserve Expected to Keep Key Interest Rates Unchanged for Second Time in a Row

The US Federal Reserve Expected to Keep Key Interest Rates Unchanged for Second Time in a Row

WASHINGTON (dpa-AFX) – The US Federal Reserve will announce its decision on the further course of monetary policy on Wednesday (7 p.m. CET). Analysts expect the central bank of the world’s largest economy to leave key interest rates unchanged for the second time in a row. This would keep it in a range of 5.25 … Read more