Bank of Korea holds 2.5% rate and rolls out dot plot
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...
Tag : financial stability
Argentina settles U.S. Treasury swap obligation in full
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,...
IMF says India’s growth resilient with inflation stable
India’s economy grows 6.6% in FY 2025-26, IMF says, with inflation stable and domestic consumption powering expansion....
Swiss National Bank cuts interest rates by 25 basis points again
The Swiss National Bank reduced its interest rate by 25 basis points to 1.00%, marking the third such move in 2024, in response to global...
Breaches of criminal law in Credit Suisse-UBS merger to be probed by Swiss prosecutor
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...