The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.
It follows that at least a 25 basis point cut is required. Rate cuts are delayed and there is space for more cuts, but slow ...
This floating exchange rate allows for independent monetary policy that can be adapted to the needs of the Canadian economy. By summer 2024, inflation in Canada returned near the Bank of Canada’s 2% ...
The dollar exchange rate will remain stable as the country expects an additional $11-12 billion inflow in the current fiscal year, Bangladesh Bank Governor Ahsan H Mansur said today (10 February). ...
This stability is anticipated to curb volatility in domestic commodity prices and bolster overall economic resilience.
The Bangladesh Bank is expected to continue its contractionary monetary policy for the second half of the current fiscal year while maintaining the policy rate unchanged at 10%, as the rising ...
Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
Inflation is expected to continue falling, with month-on-month reading projected to average below 3 percent in 2025.
Richards The battle against spiraling inflation entered a new phase with the Central Bank of Nigeria’s plan to adopt inflation targeting framework to price management. The framework, which is also ...
The Central Bank of Kenya (CBK) said the easing of the monetary policy stance was aimed at enhancing economic activities and ...