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Argentina's central bank bought US$642 million in a week, the most since mid-July, as gross reserves closed the week at US$50.236 billion. The post Argentina Central Bank Buys US$642M in Week appeared first on The Rio Times.
From 1 November, lenders in Peru may charge up to 103.14% a year on dollar loans to consumers and small firms, after the central bank raised its usury ceiling. The post Peru Raises Dollar Loan Rate Cap Past 100% appeared first on The Rio Times.
Analysts in the Brazilian central bank Focus survey raised their inflation forecast for this year to 5.22%, above the 4.5% ceiling of the official target. The post Brazil Analysts Raise Inflation Forecast to 5.22% appeared first on The Rio Times.
The potential suspension of Polish central bank governor Adam Glapinski could make it difficult to convene meetings of the rate-setting panel, a policymaker said, as an “unprecedented” legal challenge raises questions about the institution’s leadership.
China’s central bank rejected claims that the yuan is undervalued, rebutting a key European argument amid crunch negotiations ahead of a possible trade war. “China has no need or intent to gain competitive advantages through currency devaluation, nor has it ever resorted to competitive devaluation,” the People’s Bank of China said in a policy paper on Thursday, printed in both Chinese and English (see the full paper on SCMP Plus). “China’s trade growth is driven by its growing industrial...
A Peruvian Senate panel ranked 10 candidates for three central bank board seats on 7 October. Two nominees of President Fujimori's party lead. The post Peru Senate Panel Ranks 10 for 3 Central Bank Seats appeared first on The Rio Times.
Guatemala's Monetary Board named five top central bank managers on 7 October, a week after former finance minister Jonathan Menkos took charge. The post Guatemala Central Bank Names 5 New Top Managers appeared first on The Rio Times.
The Reserve Bank of New Zealand is recruiting two assistant governors and a chief of staff as Governor Anna Breman overhauls the central bank’s senior ranks almost a year into the job.
The Dominican Republic central bank lifted its policy rate to 5.50% from 5.25% on 30 September, its first rise since 2022, citing oil and supply shocks. The post Dominican Republic Central Bank Raises Policy Rate to 5.50% From 5.25% appeared first on The Rio Times.
Cuba's central bank orders zero tolerance for corrupt staff. It names no case, but came days after bank workers in Santiago de Cuba were reported detained. The post Cuba’s Central Bank Orders Zero Tolerance for Bank Staff Amid Cash Shortage appeared first on The Rio Times.