SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
Tag : financial stability
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025,...
MENA Newswire News Desk: The Swiss National Bank (SNB) announced a 25 basis point cut to its policy rate on Thursday, bringing it down to 1.00%, marking the central bank's third reduction in 2024. The...
Switzerland's Federal Prosecutor is investigating potential breaches of criminal law by officials involved in the state-backed takeover of Credit Suisse by UBS Group, which was announced last month. The prosecutor's office is examining the deal...