Egypt's Currency Squeeze Intensifies as Banks' Foreign Buffers Decline
Net foreign assets held by Egypt’s commercial banks went into a…
Pete Sadler
Global Food Inflation Remains High Across the World
Domestic food price inflation remains high, with Venezuela, Lebanon, Zimbabwe, Argentina and…
Fitch's Downgrade of US Credit Rating Amid Fiscal Face-Offs Creates Impact
On Tuesday, Fitch Ratings said it was knocking down the country’s…
Banks Tighten Lending Conditions, Adding Pressure on US Economy
The Federal Reserve’s efforts to bring inflation under control appear to…
Citi Analysts Express Concern at Banks Over China's Mortgage Rate Push
China’s use of stronger language in its latest pledge for banks…
Former Bank of England Chief Suggests Recession as a Solution to Tackle Inflation
The Bank of England will need to force Britain into recession to…
Lebanon's Future Interim Central Bank Head Advocates for Reform
The Lebanese central bank’s first vice governor Wassim Mansouri urged the…
OPay Plans to Launch Digital Bank in Egypt
OPay has announced its intention to apply for a digital bank licence…
Axis Bank Expects Intensified Battle for India Deposits
The battle for deposits among Indian lenders is unlikely to abate, a…
Colombia Maintains Key Rate at 13.25% as Inflation Surpasses Regional Peers
Colombia held interest rates at a 24-year high on Monday to…
Pakistan Maintains Rates Unchanged Despite IMF's Call for Tightening
Pakistan’s central bank kept its benchmark rate unchanged despite the International…
Banks Suggest Disclosing Only 33% of Capital Markets Emissions
A majority of investment bankers tasked with setting the first industry standards…