Keywords: Central bank
Indonesia has marked a historic moment in its monetary history after parliament formally approved the appointment of Destry Damayanti as governor of Bank Indonesia, making her the first woman to hold the institution’s top position. The 62-year-old economist was confirmed during a plenary session......
Global financial markets came under renewed pressure on Tuesday as the escalation of military tensions in the Middle East sent energy prices higher and revived concerns over inflation, borrowing costs and the outlook for the world economy. The latest market movements followed new US strikes against......
The Central Bank of Russia has presented the official logo of the digital ruble, marking another step in the country’s preparations for the broader rollout of its central bank digital currency. The new symbol combines the ruble sign with a circular design featuring the bank’s distinctive......
Financial markets are strengthening their expectations for a new monetary tightening by the European Central Bank (ECB) during its meeting on September 9 and 10. According to market reports this week, the institution could raise its deposit rate by 25 basis points to 2.50%, following an initial hike......
Inflation in the eurozone could remain significantly above the European Central Bank’s 2% target for the rest of 2026, according to ECB Chief Economist Philip Lane, as energy-market risks and geopolitical developments continue to complicate the outlook for consumer prices. Eurozone annual inflation......
Russia’s economy expanded by 1.3% in the second quarter of 2026, supported by government spending, stronger consumer activity and contributions from several key industries, according to Economic Development Minister Maxim Reshetnikov. The latest figure marks a significant improvement from the......
Iran is moving toward membership of the New Development Bank (NDB), the multilateral financial institution associated with the BRICS group, according to Iranian Central Bank Governor Abdolnaser Hemmati. Hemmati made the announcement during a meeting of BRICS finance ministers and central bank governors......
The European Central Bank is leaning toward approving UniCredit's bid for Commerzbank, according to an internal document outlining the central bank's preliminary assessment of the proposed transaction. The potential takeover would bring together two major European banking groups and could create......
Russia is moving toward a more structured framework for cryptocurrency trading after the Central Bank announced that major digital assets, including Bitcoin, Ethereum and Tether, could be made available for public trading on Russian exchanges. The move follows the adoption of new legislation governing......
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