“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
The Reserve Bank's tough decision of a 25-basis points rate cut tilts towards stimulating consumption over currency stability ...
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allAfrica.com on MSNZimbabwe's Central Bank Orders Exporters to Surrender 30% Foreign CurrencyTHE Reserve Bank of Zimbabwe (RBZ) has compelled all exporters to surrender 30% of their earned foreign currency in exchange for the ZWG at the obtaining interbank exchange rate.Presenting the ...
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allAfrica.com on MSNZimbabwe's Gold, Foreign Reserves Up 87% - Hit U.S.$550 MillionTHE Reserve Bank of Zimbabwe's (RBZ) foreign currency reserves surged by 87% to reach US$550 million.At inception in April 2024, the Reserve Bank of Zimbabwe (RBZ) claimed that minerals and foreign ...
Breaking news. Dr John Mushayavanhu Business Reporter THE Reserve Bank of Zimbabwe has directed banks to increase interest on ...
To strengthen security further, the RBI will extend the additional factor of authentication for digital payments to online ...
The rate cut announced by the committee is the first since 2020. This was also the first policy meeting of Sanjay Malhotra as ...
The RBA could take the falling Aussie dollar into account when it meets next month to discuss interest rates. (Source: Getty/AAP) "I can't wait for the rates to drop, but I think the RBA is going to ...
As part of its over Rs 1.5 lakh crore liquidity injection into the banking system, the Reserve Bank on Tuesday said it will conduct a USD/INR buy-sell swap auction of USD 5 billion (about Rs 43,000 ...
Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...
Securities is forecasting a ratings upgrade for South Africa by year-end while it expects the rand to strengthen to just above R17/$ - provided the ...
The Bank of England opted to hold the base rate at its current level in December, meaning interest rates began 2025 at 4.75 per cent. The next rate decision will be announced on Thursday 6 ...
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