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ECB hikes Euro interest rate to record high
September 14th, 2023 - 01:36 GMT

ECB hikes Euro interest rate to record high

ALBAWABA – The European Central Bank hiked the key Euro interest rate to a record high on Thursday in an attempt to curb inflation, despite cause to pause further hikes to take some pressure off the faltering Eurozone economy. ECB policymakers raised Euro interest rates by another quarter point, taking the deposit rate to 4 percent and the highest level ever recorded, Agence France-Presse (AFP) reported. This hike marked the ...
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UK housing slump deepens on high interest rates
September 14th, 2023 - 11:22 GMT

UK housing slump deepens on high interest rates

UK economy shrinks fast as strikes weigh on output
September 13th, 2023 - 01:40 GMT

UK economy shrinks fast as strikes weigh on output

Dollar holds fast ahead of US inflation data, yen falls
September 13th, 2023 - 10:48 GMT

Dollar holds fast ahead of US inflation data, yen falls

Saudi foreign reserves dropped in July
August 29th, 2023 - 10:08 GMT

Saudi foreign reserves dropped in July

Central bank of China cut interest rate
August 21st, 2023 - 10:03 GMT

Central bank of China cut interest rates

No more targets for FX-protected Turkish lira deposits
August 20th, 2023 - 08:37 GMT

No more targets for FX-protected Turkish lira deposits

China state banks sell US dollars for Yuan in London, NY
August 17th, 2023 - 08:20 GMT

China state banks sell US dollars for Yuan in London, NY

Russian Rouble stabilized as new digital currency launches
August 16th, 2023 - 12:57 GMT

Russian Rouble stabilized as new digital currency launches

Basic UK wages surge at record rates
August 15th, 2023 - 01:54 GMT

Basic UK wages surge at record rates

Russian Rouble slips as officials blame sanctions, policy
August 14th, 2023 - 11:49 GMT

Russian Rouble slips as officials blame sanctions, policy

US consumer price inflation sped up slightly in July
August 10th, 2023 - 01:54 GMT

US consumer price inflation sped up slightly in July

Hungary cut interest rates to boost economy
July 25th, 2023 - 01:52 GMT

Hungary cut interest rates to boost economy

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