The Czech economy will collapse more than we expect, but the CNB’s intervention is not necessary, says Rusnok
The use of other monetary policy instruments other than interest rates, such as foreign exchange interventions, negative interest rates or quantitative easing by the Czech National Bank, is now not necessary. The reason is the development of inflation and the exchange rate of the koruna, which so far acts in the economy as a stabilizer […]
Compact Market! Maybe Just a Miracle BI Lowered the Interest
Added CIMB Niaga projections Jakarta, CNBC Indonesia – It is estimated that Bank Indonesia (BI) will continue to hold the benchmark interest rate. It seems likely that the stability of the rupiah exchange rate will be the main factor that makes MH Thamrin reluctant to lower the BI 7 Day Reverse Repo Rate. BI will […]
Fitch, the future of Italian debt is entrusted to growth – Ultima Ora
(ANSA) – ROME, OCTOBER 09 – The favorable financial conditions guaranteed to Italy by the ECB with the launch of the Pepp program “have allowed Italy to secure interest rates” and therefore “a relatively strong economic recovery will be essential for stabilize and lower the public debt with respect to GDP “. The rating agency […]
The Central Bank decides to reduce interest rates on deposits and lending by 0.5%
The Monetary Policy Committee of the Central Bank of Egypt decided, at the end of its meeting Thursday evening, to reduce the rate of deposit and lending for one night and the rate of the main operation of the central bank by 50 basis points, or 0.5% from 9.25% to 8.75%, from 10.25% to 9.75% […]
Turkey is facing a disaster … and the Central Agency accelerates the “interest decision”
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" The increase is the first in two years after the lira reached a series of record lows against hard currencies over the past month. وهوت lira More than 22 percent against the US currency since the beginning of the year, to be among the worst performing currencies in the world. […]
BI maintains the benchmark interest rate at the level of 4.00%
BI Governor Perry Warjiyo announced the results of the BI Governor Board Meeting, Thursday (17/9/2020) via Youtube. Reporter: Bidara Pink | Editor: I knew Laoli KONTAN.CO.ID – JAKARTA. Bank Indonesia (BI) decided to keep the interest rate at the level of 4.00% in the BI Board of Governors (RDG) Meeting in September 2020. In addition, […]
Why did the central bank decide to fix interest rates for the third time on
09:53 PM Thursday 25 June 2020 Books – Mostafa Eid: On Thursday, the Central Bank’s Monetary Policy Committee decided to fix interest rates at 9.25% for deposit and 10.25% for lending. The committee’s decision during its sixth meeting this year today came in line with the expectations of most analysts and bankers, so that interest […]
The central bank decides to fix deposit and lending rates
The Monetary Policy Committee decided at the end of its meeting today, Thursday, to fix interest rates on the rates of return on deposit and lending for one night and the price of the main operation at the level of 9.25%, 10.25% and 9.75%, respectively. The Central Bank of Egypt added that it decided to […]
Million dollar bet on massive ECB rate cut
The European Central Bank in Frankfurt The ECB has relaxed credit conditions and made conditions for long-term bank loans even more attractive. (Photo: dpa) Frankfurt The European Central Bank (ECB) eased credit terms at the end of April and decided to make the terms for long-term loans to banks even more attractive. It lowered the […]
Find the interest rate on savings certificates at 17 banks
I wrote – Manal Al-Masry: Banks have continued to issue new savings certificates, or to adjust the interest to increase or decrease the return on certificates, since the emergence of the emerging Corona virus crisis. On Wednesday, the National Investment Bank started issuing a new high-return investment certificate for individuals and legal persons, through all […]