Money Market

ECB Raises Three Interest Rates by 50 Basis Points to Make Another Hike

February 2, 2023/ECB We would like to begin by congratulating Croatia on joining the euro area on 1 January 2023. We also warmly welcome Boris Vujčić, the Governor of Hrvatska narodna banka, to the Governing Council. We will now report on the outcome of today’s meeting. The Governing Council will […]

Bank of England Rate Increased to 4% – February 2023

February 2, 2023/Bank of England Published on 02 February 2023 Monetary Policy Summary, February 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 1 February […]

Update: CBN Clarifies Position on February 10, 2023 Window

January 31, 2023/CBN The Central Bank of Nigeria (CBN) has clarified its position on the legal tender status of the old series of the N1,000, N500, and N200 banknotes after the February 10, 2023, deadline for depositing the affected banknotes. Speaking with newsmen in Abuja, on Tuesday, January 31, 2023, […]