The governor of the Bank of Russia said that it held its key policy rate at 21% because monetary conditions had tightened ...

If 2023 marked a decisive pivot among central banks towards easing monetary policy, 2024 was the year when the reality of ...

The Central Bank of Colombia (Banrep) reduced its policy rate by 25 basis points on December 20 – thus surprising the markets ...

Temporary debt forbearance is often criticised for keeping “zombie firms” alive, but this view is not necessarily accurate, research published by the Bank of England (BoE) finds. The study focuses on ...

The Bank of Mexico (Banxico) on December 19 reduced its policy rate by 25 basis points in a unanimous decision. In a statement, Banxico’s governing board noted that the domestic economy was expected ...

When Mamo Mihretu, the governor of the National Bank of Ethiopia (NBE), spoke to Central Banking back in October, he hinted that the country’s banking proclamation bill would be ratified “within the ...

Gregory Makoff, Default: the landmark court battle over Argentina’s $100 billion debt restructuring, Georgetown University Press, 2024, 320 pages This is a fascinating book about the largest sovereign ...

A rise in the cost of repo and foreign exchange derivatives has become a year-end tradition for several years now, as banks try to shed balance sheet exposures to keep a lid on future capital ...

The People’s Bank of China (PBoC) has kept its market-based benchmark lending rates (LPRs) unchanged. In a statement today (December 20) the PBoC said it was keeping the one-year LPR at 3.1% and the ...

The Central Bank of Brazil (BCB) on December 19 intervened once again in the foreign exchange market in a further attempt to prop up the currency. The BCB has been engaging in FX interventions by ...