Financing
Green Finance Rules To Be Issued By Thai Central Bank In Q3
The Thai central bank announced on August 23 that it intended to establish regulations for banks to follow when providing financial goods and services that consider environmental considerations. The Bank of Thailand (BOT) said in a release that the...
Financing
First Indonesian Rate Hike Since 2018 By The Central Bank
On Augustย 23, the central bank of Indonesia increased its interest rate benchmark for the first time since 2018. This increased monetary tightening was done to combat growing inflation. The 7-day reverse repurchase rate was increased by 25 basis points...
Financing
All You Need To Know On Inflation- From Economic Standpoint
There are many illusions surrounding how inflation is calculated, where it comes from, and how it affects the common person, despite the fact that it is one of the most urgent political and economic crises of the present. Inflation...
Financing
72% of The Economists Foresee A US Recession By Mid-2023
According to a study of experts released on August 22nd, the Federal Reserve is unlikely to control inflation without sending the American economy into a recession. In a survey conducted by the National Association of Business Economics, 72% of...
Financing
Chinese Central Bank Urges Lenders To Control Credit Growth
At a crucial juncture, China's central bank urged the country's largest financial institutions to take the initiative and maintain credit growth stability for the country's economy.
According to a statement released by the People's Bank of China (PBOC), financial institutions,...
Financing
US Fed To Hike By 50 bps In September- Recession Fears Mount
According to economists, the US Federal Reserve will increase interest rates by 50 basis points in September despite forecasts that inflation has peaked and mounting concerns about a recession. The risks were weighted in favour of a higher peak,...
Financing
Minister From Bangladesh Has Urged Caution On BRI By China
Bangladesh's finance minister has stated that given the difficulty of repaying loans due to global inflation, poor nations should think twice before implementing China's Belt and Road Initiative (BRI) development programme.
AHM Mustafa Kama made his remarks in response to...
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