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Vietnam’s central bank buys $6 bn to shore up reserves

06-May-2023 Economy

Vietnam's central bank has bought around $6 billion since the beginning of the year to boost its foreign exchange...

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Tokyo: ‘Japanese govt to nominate new central bank chief in February’

22-Jan-2023 Asia

The Japanese government will nominate the successor to outgoing Bank of Japan (BOJ) Governor Haruhiko Kuroda in February for the parliament approval,...

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Colombo: Sri Lanka’s tourism earnings surpass $1bn

06-Nov-2022 Asia

Sri Lanka's tourism earnings in the first 10 months of this year surpassed $1 billion, according to the latest data from the central...

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Kabul: Afghanistan receives $40 mn cash aid

22-Sep-2022 Asia

 Afghanistan received $40 million in cash as humanitarian aid to bolster its impoverished economy, the country's central bank announced on...

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Beirut: Lebanon’s central bank lifts all fuel subsidies

13-Sep-2022 Asia

According to the news website Elnashra, Lebanon's central bank has eliminated all remaining fuel subsidies, which would likely result in rising prices and put more...

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Ankara: Turkish lira tumbles as central bank cuts key interest rate

19-Aug-2022 Asia

The Turkish lira weakened by as much as 1 per cent against the US dollar after the country's central bank decided to lower its benchmark...

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Israeli assets abroad decline for 1st time since 2020: Report

28-Jun-2022 Asia

The central bank explained that the decrease was mainly due to a decline in the prices of foreign securities held by...

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Amid crisis, SL Prez appoints new central bank chief

08-Apr-2022 Asia

Amid the ongoing economic crisis, Sri Lankan President Gotabaya Rajapaksa on Friday appointed a new central bank chief, according to an official...

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Prices of essential items soar in SL after currency depreciation

12-Mar-2022 Asia

The prices of a number of essential items in Sri Lanka increased on Friday after the country's central bank allowed the country's rupee (LKR) to...

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S.Korea to suspend transactions with Russia’s central bank

07-Mar-2022 Asia

South Korea said on Monday that it plans to suspend transactions with Russia's central bank, sovereign wealth funds and another Russian lender as it has...

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US Fed’s inflation measure hits nearly 40-yr high

29-Jan-2022 North America

 A key inflation measure closely watched by the US Federal Reserve rose at the fastest pace in nearly 40 years in December 2021, reaffirming market...

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