the central bank

The European Central Bank raises rates for the first time in 11 years
World

The European Central Bank raises rates for the first time in 11 years

London (CNN Business)In a bold attempt to get inflation under control, the European Central Bank on Thursday announced it would…
Turkey keeps lira in check with low-key interventions-sources
Middle East

Turkey keeps lira in check with low-key interventions-sources

ANKARA, Jan 28 (Reuters) – Turkey’s central bank has scaled back its currency interventions in January but still spent as…
Turkish lira dips, business group chief questions policy
Middle East

Turkish lira dips, business group chief questions policy

ISTANBUL, Jan 6 (Reuters) – Turkey’s lira slipped as much as 1.7% on Thursday, and has shed some 22% in…
Egypt on track to receive IMF loan’s second tranche
Egypt

Egypt on track to receive IMF loan’s second tranche

Egypt is on track to receive the second tranche of a US$12 billion three-year loan from the International Monetary Fund…
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