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The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is expected to cut the policy rate by 50 basis points ...
The bank has also reduced its overnight lending rate from 49% to 46% and the overnight borrowing rate from 44.5% to 41.5%, it ...
The inflation rate only increased by 0.2% in June to 3%, but while this is low enough to support a repo rate cut when the ...
The Nigerian naira yesterday slumped further in the official Nigerian Foreign Exchange Market (NFEM), depreciating to ₦1,537 ...
Despite Nigeria's Gross Domestic Product (GDP) growth, Lagos Chamber of Commerce and Industry (LCCI) has said economic ...
Ahsan Mehanti of Arif Habib Corporation attributed the bearish close to profit-taking in overbought scrips and uncertainty ...
Turkey's central bank has today lowered its key interest rate to 43%, with the three percentage point cut more than expected by analysts.
KARACHI: The President of the Lasbela Chamber of Commerce and Industry, Yakoob H Karim, along with the Executive Committee of the Chamber, has appealed to the State Bank of Pakistan to implement a ...
South Africa’s tame inflation has created room for the central bank to cut interest rates at each of its three remaining ...
However, the economy is currently supported by high export prices and lower interest rates, he says.In a speech delivered to ...
President Trump faces steep obstacles in his quest to sway the Federal Reserve toward his economic agenda. Trump will be able ...
The S&P Global flash PMIs for July are seen improving further, suggesting the US economy continued to expand. Markets expect ...
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