Search Results for 'Central Bank'

Central Bank Becomes an Unlikely Hero in Euro Crisis

BERLIN — Throughout the month, countries caught in the eye of the European financial storm, including Italy, Spain and France, have repeatedly defied expectations, selling big batches of bonds to the public at interest rates signifi [...]

Posted On : Jan, 21 2012 | Comments : 0

Central Banks Ease Most Since '09 to Avert Europe-Led Slump?

Central banks across five continents are undertaking the broadest reduction in borrowing costs since 2009 to avert a global economic slump stemming from Europe’s sovereign-debt turmoil. The U.S., the U.K. and nine other nations, [...]

Posted On : Nov, 28 2011 | Comments : 0

Euro, Dollar Look To Central Banks

Both the dollar and euro are vulnerable to monetary policy decisions this week, although the Federal Reserve poses a bigger risk to the greenback than the European Central Bank does to the common currency. A blitz of data and policy me [...]

Posted On : Oct, 31 2011 | Comments : 0

Central banks may need to burst bubbles: Bernanke

"The possibility that monetary policy could be used directly to support financial stability goals, at least on the margin, should not be ruled out," he said at a conference at the Boston Federal Reserve Bank. Bernanke did not di [...]

Posted On : Oct, 19 2011 | Comments : 0

Central Banks Step Up Battle to Contain Crisis

The central banks for the U.K. and the euro zone scrambled to inject new life into their fading economies, both acting Thursday to try to stave off recession or a credit crunch while awaiting the next moves of the region's embattled g [...]

Posted On : Oct, 07 2011 | Comments : 0

Central banks return as gold buyers

European central banks have become net buyers of gold for the first time in more than two decades, the latest sign of how the turbulence in the currency and debt markets has revolutionised the bullion market. The purchases are minuscul [...]

Posted On : Sep, 19 2011 | Comments : 0

Sri Lanka Central Bank says its exchange rates policy approp...

Sri Lanka Central Bank CBSL dismissing the IMF statement on the country's exchange rate policy said that the exchange rate policy of the Central Bank has been consistent where Central Bank intervenes in both sides of the m [...]

Posted On : Sep, 10 2011 | Comments : 0

Asia's Factories Slow as Central Banks Tighten

Manufacturing growth in much of Asia slowed further in July and even contracted in China, signaling that previous monetary tightening and sluggish economies globally are pinching Asian growth. According to one closely watched release, [...]

Posted On : Aug, 01 2011 | Comments : 0

India central bank raises key interest rate

India's central bank raised its key interest rate by half a percentage point Tuesday, the 11th hike in less than a year and a half, as it warned that inflation remains the country's main economic concern. The bank raised its sh [...]

Posted On : Jul, 26 2011 | Comments : 0

Swiss banks owe Indian holders over $2bn: Swiss Central Bank

Swiss Central Bank estimates the total liabilities of Swiss banks towards Indian holders at about $ 2.5 billion in 2010 as against projections of about $ 1.5 trillion by political parties and non-governmental organisations. "The Swis [...]

Posted On : Jul, 17 2011 | Comments : 0

Australia central bank holds rates steady

The dovish views from the Reserve Bank of Australia, one of the most aggressive central banks to tighten policy in the wake of the global financial crisis, illustrates that Australia’s once-in-a-century mining boom isn’t enoug [...]

Posted On : Jul, 06 2011 | Comments : 0

China central bank further tightens liquidity in open market...

The People's Bank of China (PBOC), or the central bank, further tightened excessive liquidity stemming from Chinese banks this week through regular open market operations that ended Thursday. In its open market operations on Thursday [...]

Posted On : Mar, 24 2011 | Comments : 0

Central Bank publishes list of bonds outstanding to banks

THE Central Bank yesterday attempted to clear up the discourse surrounding bank bondholders by publishing a full list of all bonds outstanding to Irish banks. The release confirmed that Irish banks owe bondholders more than €63bn, b [...]

Posted On : Mar, 03 2011 | Comments : 0

Central Bank releases N198bn power sector intervention fund

The Central bank of Nigeria (CBN) has so far disbursed N198 billion out of the N200 billion power and aviation sectors intervention fund. Suleiman Barau, CBN Deputy Governor, Corporate Services who confirmed this said the amount has been [...]