Economic growth
The Bank of Thailand's Governor Vitai Ratanakorn led a team of senior officials in a meeting with the Federation of Thai Industries (FTI) to address growing economic headwinds, marking a significant shift in the central bank's engagement with the private sector. The consultation focused on the
Economic growth
Minister of Finance, H E Ali bin Ahmed Al Kuwari, attended the meeting of Finance Ministers, Central Bank Governors, and Heads of Regional Financial Institutions from the Middle East, North Africa, Afghanistan, and Pakistan, chaired by Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). The meeting discussed strategic
Economic growth
Liberia's economy continues to show signs of strength, with the Central Bank of Liberia (CBL) citing improved economic fundamentals, including a reduction in inflation and a stable exchange rate, as reasons to be optimistic about the country's growth prospects. Despite the International Monetary Fund (IMF) downgrading
Economic growth
The Central Bank of Azerbaijan is set to continue its data-driven monetary policy in the face of rising inflation, according to a forecast by Fitch Solutions. The bank will not rush to reduce interest rates, as economic growth weakens and price increases stabilize. Instead, it may gradually ease its policy
Economic growth
Nigeria's economy has demonstrated remarkable resilience despite the drop in crude oil prices, which constitute over 90% of its forex earnings. The growth in Gross Domestic Product (GDP) numbers, decline in inflation rate, exchange rate stability, and surge in external reserves are strong indicators that the economy is
Economic growth
The Central Bank of Nigeria (CBN) has taken a significant step towards stimulating economic growth by cutting its benchmark interest rate, the Monetary Policy Rate (MPR), to 27 percent, representing a 50-basis-point reduction. This decision, announced at the 302nd Monetary Policy Committee (MPC) meeting held on September 22-23, 2025, reflects
2025 AD
As Diwali 2025 approaches, investors are eagerly anticipating potential growth in the gold and silver markets, with prices already showing significant increases. Analysts predict continued growth, driven by factors such as festival demand, accommodative central bank policies, and sustained ETF investments. The precious metals surge is expected to be fueled
Economic growth
The Bank Negara Malaysia, the country's central bank, is likely to maintain the Overnight Policy Rate (OPR) at 2.75 percent until the end of the year. This decision is supported by resilient domestic demand and improved external trade sentiment following recent US trade negotiations. The central bank&
Financial markets
The Bank of England has decided to reduce the speed at which it offloads government debt, a move that comes amidst turmoil in the global financial markets. The central bank has been selling off its stock of government bonds to a target of £70 billion in the year ahead, down
Financial markets
The United States Federal Reserve's decision to reduce the interest rate by 25 basis points, despite President Trump's pressure for a 50-basis-point cut, has been overlooked by most. This move reveals the resilience of American institutions in resisting the influence of powerful personalities, a quality that
Economic growth
The Indonesian government has taken steps to strengthen banking liquidity and boost the national economy by transferring 200 trillion rupiahs (approximately 12.23 billion U.S. dollars) from its central bank to five state-owned banks. This move aims to encourage lending to the real sector, making financing more accessible for
Financial markets
The Bank of Thailand (BOT) has convened a meeting with gold traders to discuss measures to ease pressure on the baht caused by gold transactions. The central bank is encouraging more domestic gold trading in US dollars to reduce upward pressure on the currency, while closely monitoring baht-denominated trades to
