donald trump, Bank of Japan
State-owned Central Bank of India posted a 33 per cent increase in its profit at Rs 959 crore in the third quarter ended December 2024.
Russia's central bank hiked rates to 21% late last year in a bid to cool soaring inflation.
The Russian central bank has sought to dismiss rumours about a possible freezing of retail deposits, which have seen explosive growth in recent months due to rising interest rates aligned with the regulator's benchmark rate.
Indonesia's central bank said the rupiah's fall against U.S. dollar was still under control, after the currency slid to its weakest level in more than six months on Thursday following a surprise cut in interest rates the day before.
Central Bank of India's Q3 profit surged by 33% to Rs 959 crore, driven by increased income and improved asset quality. The bank also secured CCI approval for its acquisition of stakes in Future Genarali India Insurance.
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said.
The U.S. central bank faces no imminent pressure to stop the contraction of its holdings of Treasury bonds and mortgage-backed securities, data released by the New York Federal Reserve suggested on Thursday.
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the Network of Central Banks and Supervisors for Greening the Financial System, in
The headquarters of the People's Bank of China in Beijing Photo: IC. China's central bank conducted 123 billion yuan (about 17.11 billion U.S. dollars) of seven-day reverse repos
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
ECB rate-setter also warns that inflation risks are on the rise and that a January rate cut is not a done deal.