How money is created Since the Eurosystem launched its accommodative non-standard monetary policy measures, the central bank reserves of commercial banks in the euro area have gone up sharply, ... Read More
Bitcoin is “fully valued” and could see a pullback in the short term after hitting $1,600 for the first time on Monday, according to one investor, but the price ... Read More
By its Order No. OD-872, dated 5 April 2017, the Bank of Russia revoked the banking licence from the Kazan-based credit institution LIMITED LIABILITY COMPANY TATARSTAN AGRICULTURAL AND INDUSTRIAL BANK or LLC TATAGROPROMBANK (Registration No.728) from 5 April 2017. ... Read More
New analysis by the Financial Times shows China’s banking system has overtaken the eurozone to become the world’s biggest by assets. The status reflects the country’s increasing global influence ... Read More
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress ... Read More
Authorities targeting black market to end dollar shortage Central bank devalued the pound and raised rates last week Egypt’s central bank is weighing tougher regulations on foreign-exchange dealers, part ... Read More
Since the 1980s, markets have had to adapt to a world of infinite credit. Of course, this credit has not been available to everyone: it has been principally deployed ... Read More
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