Due to the effect of what he called 'external shocks,' the MPC has now upped its inflation rate forecast to a figure that is above 100%. monetarypolicy inflation
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value
Explaining the rationale behind the planned move, Persistence Gwanyanya, a member of the Reserve Bank of Zimbabwe ’s monetary policy committee,that by hiking the benchmark rate the central bank will discourage speculative borrowing. Gwanyanya added: Before this latest announcement, the RBZ had on June 17 asked banks to cease lending at rates below 80% starting on July 1, 2022.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor – Emerging Markets Bitcoin NewsGodwin Emefiele said a digital currency 'would be necessary in the future to ensure Nigeria is competitive as the world becomes increasingly digital.' cbn digitaleconomy cbdc
Weiterlesen »
Report: Morocco's Central Bank to Unveil Crypto Regulation Bill Soon – Regulation Bitcoin NewsThe central bank's mooted regulatory framework for cryptocurrencies is expected to strike a balance between the need to foster innovation and the welfare of consumers. cryptoregulation imf
Weiterlesen »
Lagarde speech: We are still expecting positive growth ratesEuropean Central Bank (ECB) President Christine Lagarde delivers the Introductory speech on Day 2 of the ECB Forum on Central Banking in Sintra, Portu
Weiterlesen »
Lagarde speech: We need to act in a determined and sustained mannerEuropean Central Bank (ECB) President Christine Lagarde delivers the Introductory speech on Day 2 of the ECB Forum on Central Banking in Sintra, Portu
Weiterlesen »
Analysis: Spot crude surges while futures slip; rate hikes spook speculatorsPrices for spot crude in much of the world are rising on strong demand and a supply crunch, but in the oil futures market, worries of a recession have kept a lid on values.
Weiterlesen »