Central Bank
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Mongolia’s central bank announced on Monday the decision to cut its benchmark interest rate to 11 percent. “After taking into account the current and future state of the economy and financial markets, and external risks to the economy, the monetary policy council of the central bank made the decision to cut the benchmark interest rate…
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The embattled former Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, has been released from Kuje prison. Umar Abubakar, the Nigerian Correctional Service (NCoS) spokesman, confirmed this on Saturday. Abubakar said Emefiele was freed on Friday from Kuje prison after fulfilling his bail conditions. “Godwin Emefiele has been released on Friday. The…
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China’s Central Bank reportedly injected 25 billion yuan (3.8 billion U.S. dollars) into the money market on Wednesday to ease a liquidity strain.
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