The Latest Breaking News from central bank

The Central Bank of Nigeria recently announced an increase in the interest rate, from 11.5% to 13%, a 1.5 percentage point hike that took effect immediately.

Lebanon's central bank governor and his brother are suing the state over what they say were "grave mistakes" made by a public prosecutor in his investigation of whether they had embezzled public funds, according to a copy of the lawsuit. Their claim has led to concerns that the public probe…

Asserting that mining of cryptocurrencies in Russia accounts for more than 2% of the total volume of energy consumed in the country, more than the electricity being used for agriculture, Vasily Shpak, Deputy Head of the Ministry of Industry and Trade said the sector needs to be regulated.

The Turkish economy's solid and balanced growth trend and the pioneering data point out that annual growth will be around seven percent in the first quarter of 2022, Treasury and Finance Minister Nureddin Nebati said Monday. Speaking at the General Assembly of the Banks Association of Turkey (TBB), Nebati said…

Qatar’s gross domestic product (GDP) should grow 3.5% in 2022, Central Bank Governor Sheikh Bandar bin Mohammed bin Saoud Al-Thani told a conference on Sunday in Doha. In his opening keynote at The Euromoney Qatar Conference on Sunday, Sheikh Bandar announced that the bank is working on designing a new…

The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of currency and payment systems. Full story on Dynamite News:

Dozens of doctors, nurses and medical personnel have rallied outside the Central Bank in the Lebanese capital of Beirut after declaring a two-day general strike

The General Staff of the Ukrainian military says the Russian forces have continued attempts to press their offensive in several sections of the frontline in the east and also launched missile and air strikes at infrastructure facilities across the country

Lebanon's government foresees cancelling "a large part" of the Central Bank's foreign currency obligations to commercial banks and dissolving non-viable banks by November, according to a financial recovery plan passed by the cabinet on Friday. The document, seen by Reuters and verified as accurate by a minister, was passed by…

Sri Lanka's central bank chief has said the island nation will lower the amount of foreign currency that individuals can hold to $10,000 from $15,000 and penalize those who hold foreign currency for more than three months by making it against the law

Lebanon’s political and financial leaders are responsible for forcing most of the country’s population into poverty, the UN Special Rapporteur on extreme poverty, Olivier De Schutter, said in a report published Wednesday. He stressed that the Lebanese State, including its Central Bank, is responsible for human rights violations, including the…