Gold prices continued their downward trend across global commodity exchanges as investors digested the decision by the U.S. Federal Reserve to raise benchmark interest rates by a quarter of a percentage point. Spot bullion fell...
Tag : monetary policy
Gold prices continued their downward trend across global commodity exchanges as investors digested the decision by the U.S. Federal Reserve to raise benchmark interest rates by a quarter of a percentage point. Spot bullion fell...
Precious metal values declined during Tuesday trading sessions as a stronger United States dollar increased purchasing costs for international buyers while financial institutions awaited the outcome of a critical central bank meeting. Official market reports...
Private sector wage growth hits six year low in the United Kingdom as official earnings figures show regular pay in the private sector slowed to 2.9 percent in the three months to May 2026. Data...
Egypt’s net international reserves reached a provisional $55.0723 billion at the end of June 2026. The total exceeded $55 billion for the first time and marked a record high. The Central Bank of Egypt announced...
The dollar headed for a weekly gain on Friday as the yen hovered near the key 160 per dollar level, keeping currency markets focused on Japan. The Japanese currency traded around 159.9 per dollar in...
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure,...
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains on foreign-currency assets and stronger securities prices lifted results. The...
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in its gradual departure from ultra-loose monetary policy. The central bank...
Egypt’s central bank cut its benchmark interest rates by 200 basis points on Thursday, bringing the overnight deposit rate to 22 percent and the lending rate to 23 percent, as policymakers moved to ease monetary...