Latest News for: Banking stability

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Improving macro-prudential policies for economic stability

China Daily 18 Jan 2022
The People's Bank of China, the central ... In recent years, the Financial Stability Board, the Bank for International Settlements, other major international organizations have issued a series of standards on the establishment and improvement of macro-prudential policy frameworks.
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Rupee hits 45-day high against dollar

Dawn 18 Jan 2022
The State Bank of Pakistan (SBP) reported the closing price of US dollar at Rs175.92 ... The State Bank believes that the free-float regime is helpful for the exchange rate stability despite massive depreciation of the rupee against the US dollar during the last 12 months.
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India Joins Calls for Global Action on Cryptos at Davos

FX Empire 18 Jan 2022
Late last year, the Bank of England raised concerns over the risk that cryptos pose to UK financial stability. The UK’s central bank also talked of the need for a global regulatory framework for cryptos. Earlier this month, the IMF joined the Bank of England, raising concerns over the interconnectedness of cryptos and the U.S equity markets.
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India’s crypto bill likely to miss budget session of Parliament

The Times of India 18 Jan 2022
New Delhi ... The government also wants to wait for the pilot launch of the Reserve Bank of India’s digital currency expected in a few months ... “The crypto bill may not be introduced in the budget session. It is a complex subject ... The central bank has raised concerns about private digital currencies, citing macroeconomic and financial stability issues ... Buy.
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Why LIC’s big share sale is a big deal

The Times of India 18 Jan 2022
LIC has also been called upon several times to rescue divestment deals and follow-on offerings from public sector enterprises and banks and also to counter FPI selling and lend stability to the market ... In terms of percentage stake, LIC held the highest 49% stake in IDBI Bank ... Its associates include IDBI Bank Ltd, LIC Mutual Fund.
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Germany expects “real debate” about fiscal rules to start in June – Lindner

Metro USA 17 Jan 2022
Fighting inflation is the objective of central banks, but governments can also do their part in sticking to fiscal rules, Lindner said, adding that there were already a lot of exemptions included in the EU’s Stability and Growth Pact ... Stability and Growth Pact, banking union and fiscal-monetary stability as a whole,” Lindner said.
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Germany expects \

Reuters 17 Jan 2022
Fighting inflation is the objective of central banks, but governments can also do their part in sticking to fiscal rules, Lindner said, adding that there were already a lot of exemptions included in the EU's Stability and Growth Pact ... Stability and Growth Pact, banking union ...
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Germany Plans to Focus on Reducing Sovereign Debt, Fiscal Stability - Finance Minister

Urdu Point 17 Jan 2022
... all these issues, Stability and Growth Pact, banking union and fiscal and monetary stability as a whole, not even in Europe but on the global level; this will be one of the central issues of our German G7 presidency, as well," Lindner said upon arriving at the Eurogroup meeting.
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Policy rate hike ‘staring at us in the face’

Ghana Web 17 Jan 2022
In ensuring price stability, a further hike in the central bank’s policy rate seems crucial amid the current pace of local consumer inflation, rising global inflation, high energy prices, uncertainties surrounding food prices, and investor behavior, an analysis by the B&FT has shown.
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China’s slowdown is cause for concern, not panic

Asiatimes 17 Jan 2022
Yet China’s 2022 trajectory clearly worries officials at the People’s Bank of China (PBOC), which on Monday (January 17) reduced its key interest rate at which it provides one-year loans to banks by 10 basis points, marking the first cut since April 2020 ... His team, for example, cut banks’ reserve requirements in early December.
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SBP’s parting gift to the government

Dawn 17 Jan 2022
Remember the State Bank of Pakistan’s (SBP) 17th December Open Market Operation (OMO)? In that OMO, the SBP had injected into the interbank money market a colossal sum of Rs1.77 trillion ... In that case, the central bank would not be able to continue with inflation targeting wholeheartedly — and with full force.
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What Fitch said about Ghana's credit rating, negative economic outlook

Ghana Web 17 Jan 2022
Ghana has an ESG Relevance Score of '5[+]' for Political Stability and Rights as World Bank Governance Indicators have the highest weight in Fitch's SRM and are therefore highly relevant to the rating and a key rating driver with a high weight.
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Credit controls to remain: central bank

Taipei Times 16 Jan 2022
“The central bank will continue to review and adjust selective credit control measures on a rolling basis to promote financial stability,” the central bank’s Web site quoted Yang as saying ... However, Yang said that the central bank mainly uses interest rates to stabilize the ...
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Legal Notices-Government

Rio Rancho Observer 16 Jan 2022
Advertisement for Bids. SOUTHERN SANDOVAL COUNTY ARROYO FLOOD CONTROL AUTHORITY. LOWER MONTOYAS. ARROYO BANK. STABILIZATION PROJECT. INVITATION FOR BIDS –. IFB # 2022-01. The Southern Sandoval County Arroyo Flood Control Authority requests competitive sealed bids for Construction Services for the Lower Montoyas Arroyo Bank Stabilization Project.
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Bank of Israel Progresses with the e-shekel

FX Empire 16 Jan 2022
Such has been the adoption of cryptocurrencies around the world that central banks have had little choice but to explore and develop their own. Digital currencies created by central banks for legal tender are more commonly referred to as Central Bank Digital Currencies (CBDCs) ... Bank of Israel and a Digital Shekel.
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