EconomyTop StoriesInflation impact: Turkey’s central bank raises interest rate to 40%GBO CorrespondentNovember 30, 2023November 30, 2023 GBO CorrespondentNovember 30, 2023November 30, 2023 Turkey's annual inflation dropped marginally to 61.36% in October from the nine-month...
Banking and FinanceTop StoriesFollowing US Fed’s lead, MENA economies announce their latest move against inflationGBO CorrespondentNovember 7, 2023November 7, 2023 GBO CorrespondentNovember 7, 2023November 7, 2023 The MPC reiterates that the path of future policy rates remains a...
EconomyTop StoriesNigeria faces 18-year high inflation due to President Bola Tinubu’s reformsGBO CorrespondentSeptember 22, 2023September 21, 2023 GBO CorrespondentSeptember 22, 2023September 21, 2023 Because of Nigeria President Bola Tinubu's decision to allow the naira to...
EconomyTop StoriesTurkey’s interest rate hike defies expectations as country prepares for inflation battleGBO CorrespondentAugust 30, 2023August 29, 2023 GBO CorrespondentAugust 30, 2023August 29, 2023 Under Hafize Gaye Erkan's leadership, the central bank has ensured its battle...
Banking and FinanceTop StoriesWassim Mansouri appointed interim head of Lebanese Central BankGBO CorrespondentAugust 4, 2023August 4, 2023 GBO CorrespondentAugust 4, 2023August 4, 2023 Speaker of the Parliament Nabih Berri, the leader of the Shi'ite Amal...
EconomyTop StoriesAfter 10 months, Nigeria’s inflation drops in DecemberGBO CorrespondentJanuary 25, 2023January 25, 2023 GBO CorrespondentJanuary 25, 2023January 25, 2023 According to policymakers, Nigeria's continuing inflationary pressures are structural and primarily imported...
CurrencyTop StoriesRecord treasury bill sales in Egypt amid currency fallGBO CorrespondentJanuary 17, 2023 GBO CorrespondentJanuary 17, 2023 Egypt is currently experiencing a scarcity of foreign currency...
Banking and FinanceTop StoriesCanada’s interest rate touches a 15-year highGBO CorrespondentDecember 22, 2022December 22, 2022 GBO CorrespondentDecember 22, 2022December 22, 2022 Bank of Canada raised rates at a record pace of 400 basis...
Banking and FinanceTop StoriesIrish Central Bank’s new initiative brings cheersGBO CorrespondentOctober 28, 2022 GBO CorrespondentOctober 28, 2022 Irish Central Bank Governor Gabriel Makhlouf said that the financial stability of...
EconomyTop StoriesMalaysia’s economy grows 5% in Q1 2022GBO CorrespondentMay 18, 2022 GBO CorrespondentMay 18, 2022 GDP grew by 5% in the first quarter of 2022, compared to...