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The Latest Breaking News from central bank

Bank Indonesia Predicts First Cut in Q3 2024: Poll

Indonesia's central bank, set to wave farewell to rate rises, may usher in their first cut in Q3 2024, promises a colorful dance of digits as forecasted by...

Top News

Economist Santiago Bausili To Become Argentina's Central Bank Chief Under Milei Administration

The economist is known to be a close ally of Luis Caputo, who is the incoming economy minister.

Latin Times

British minister flies to the Falklands after Argentina’s president-elect Javier Milei vows to 'get them back'

Foreign Office minister David Rutley stressed the UK strongly backs the islanders’ rights to self-determination as an 'important part of the British family'

Evening Standard

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Argentina's Milei Announces Ex-Central Bank Chief As New Economy Minister

Caputo had served as the minister of economy from 2017 to 2018 and the president of the Central Bank of Argentina in 2018.

Latin Times

Argentina's president-elect announces his pick for economy minister

Argentina’s President-elect Javier Milei says he's chosen Luis Caputo, a former finance minister and Central Bank chief who is known as an expert in markets, to lead the Economy Ministry when the right-wing leader takes office on Dec. 10

The Independent UK

After the dollar-loving Milei wins the presidency, Argentines anxiously watch the exchange rate

The exchange rate is top of mind for millions of Argentines coping with triple-digit inflation

The Independent UK

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed down 0.15%

Caixin Global

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Shanghai Composite Index Rose 0.91% on Monday

Shenzhen Component Index closed up 2.21%

Caixin Global

Emirati and Egyptian central banks agree to currency swap deal

Deal allows the two central banks to exchange up to five billion Emirati dirhams and 42 billion Egyptian pounds.

Al Jazeera

Haftar’s sons rise in Libya’s east, bringing ‘corruption, death, destruction’

Khalifa Haftar, the strongman of eastern Libya, has placed his six sons in positions of political and military power. The deadly floods in Derna have seen his youngest, Saddam, rise to head of disaster relief management and the top of his succession charts. For Libyans, it spells more bad news.

France 24

Rise Of CBDCs, Blockchain Tech Signals Transformative Era For Global Banking, Says Russian Lawmaker

From Aug. 1, Russia has initiated use of the digital ruble, a counterpart to both cash and non-cash forms of the currency.

Zenger

Nigeria's suspended Central Bank governor appears in court more than a month after his arrest

Nigeria's suspended Central Bank governor has appeared in court in the economic hub of Lagoon on charges of illegal possession of a firearm and live ammunition

The Independent UK

Explained | Will G-20 agree on a Joint Communiqué?

Why has a single joint statement not been released so far at any G-20 Ministerial meeting? What is the bone of contention? What are the ‘Bali Paragraphs’ and why are they being incorporated in the current document? As G-20 President, what is India’s focus?

The Hindu

Nigerian court orders gov’t to release or charge central bank chief

Government lawyers say they secured a lower magistrate court order to hold Godwin Emefiele during investigation.

Al Jazeera

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Dublin Live

Government warned to avoid 'giveaway budget' by Central Bank chief

There's been a series of budget kites already flown, four months out, including a €1,000 tax reduction for middle earners and a €25 pensions and welfare rates hike

Al Jazeera

How Emefiele, Nigeria’s powerful central bank chief lost his seat

Godwin Emefiele was second-longest-serving governor of Nigeria’s central bank and oversaw its biggest economic downturn.

Al Jazeera

Nigeria eurobonds rise after suspension of Central Bank governor

Godwin Emefiele arrested by state secret police at the weekend after his suspension by Nigeria’s president.

Irish Mirror

More mortgage pain for Irish householders as ECB plots further rate increases

The Central Bank has also warned that the risks facing the Irish financial system have increased as inflation is weighing heavily on the global economy.

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Reuters

Germany issues arrest warrant for Lebanon's central bank chief - sources

Germany has informed Lebanon it has issued an arrest warrant for Central Bank Governor Riad Salameh on corruption charges, including forgery, money laundering and embezzlement, a senior judicial source told Reuters on Tuesday.

Reuters

France summons brother, assistant of Lebanon central bank boss in fraud probe

France's judiciary has summoned the brother of and an assistant to Lebanon's central bank governor, two sources close to the matter told Reuters on Monday, as it continues its probe into alleged embezzlement and money-laundering by the bank chief.

The Independent UK

Top Lebanese official in IMF talks calls for central bank head to resign amid corruption allegations

The Lebanese official heading talks with the International Monetary Fund to bailout Lebanon’s tanking economy has called for the country’s embattled central bank chief to resign

France 24

France issues international arrest warrant for Lebanese central bank chief

A French investigating magistrate on Tuesday issued an international arrest warrant for Lebanon's central bank chief Riad Salameh, a source close to the case said.

The Independent UK

Lebanese Central Bank governor no-show in Paris corruption probe

Lebanon’s embattled central bank governor has failed to appear before French prosecutors in Paris, questioning him in the ongoing European money-laundering and illicit enrichment probe

The Hindu

Finance Minister meets IMF MD Georgieva on sidelines of G7 meeting

Finance Minister Nirmala Sitharaman on May 12 met International Monetary Fund (IMF) managing director K Georgieva on the sidelines of G7 Finance Minister Central Bank Governors meet.

Reuters

G7 finance chiefs debate reducing supply chain reliance on China

Finance leaders of the Group of Seven (G7) advanced economies discussed the need to make global supply chains more resilient by reducing over-reliance on China, German Finance Minister Christian Lindner said on Friday.

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