Money Market

President Buhari Asks for 7 Days for a Major Decision on Currency Redesign

February 3, 2022/State House President Muhammadu Buhari Friday urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country from the policy of the Central Bank of Nigeria to change high value Naira notes with new ones. President Buhari said the […]

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 […]