By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka’s central bank held interest rates steady for a third straight meeting on Wednesday, as widely expected, saying the prevai[...]
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January 25, 2023
ECB signs supervision cooperation deal with non-euro zone members
FRANKFURT (Reuters) – The European Central Bank agreed with six non-euro zone members to cooperate more closely on bank supervision matters, including in exchanging information about cross-borde[...]
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Thai central bank raises key rate 25 bps as expected
BANGKOK (Reuters) -Thailand’s central bank raised its key interest rate by 25 basis points for a fourth consecutive meeting on Wednesday, as it attempts to curb high inflation even as the return[...]
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UK factories cut prices, helping BoE’s inflation fight
LONDON (Reuters) – Britain’s manufacturers unexpectedly reduced their prices in December by the most since April 2020, welcome news for the Bank of England which is weighing up how much hi[...]
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UK economic forecaster to downgrade medium-term growth outlook – Times
LONDON (Reuters) – Britain’s official economic forecaster has told the government that it overestimated the prospects for medium-term growth and that it intends to revise down its outlook,[...]
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Thai central bank hikes key interest rate by 25 bps
BANGKOK (Reuters) – The following is a statement from the Bank of Thailand after it unanimously raised its key interest rate by 25 basis points to 1.50% on Wednesday, as expected by economists i[...]
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Philippine stock market opens after delay due to technical issue
MANILA (Reuters) – The Philippine stock market’s opening was delayed by half an hour on Wednesday because of a technical issue, the bourse operator said. Trading on the exchange was suppos[...]
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RBNZ fourth-quarter sectoral factor model inflation +5.8% y/y
(Reuters) – The Reserve Bank of New Zealand (RBNZ) said on Wednesday that its sectoral factor model of core inflation rose 5.8% year-on-year in the fourth quarter. The country’s official s[...]
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Latin America, Caribbean call for more international funding at CELAC summit
BUENOS AIRES (Reuters) – Countries from Latin America and the Caribbean on Tuesday called for more international funding in the region following economic and climate crises, in a final declarati[...]
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