(Credit: Mongkolchon/Adobe Stock) October 10, 2023/IMFBlog By Tobias Adrian The world’s central banks have unleashed the steepest series of interest-rate increases in decades during their two-year drive to tame inflation—and they may not be done yet. Policymakers have raised rates by about 400 basis points on average in advanced economies […]
OPINION/EDITORIAL
China’s Emissions Goals to Spur Financing Innovation for Renewable Projects
October 11, 2023/Fitch Ratings China’s decarbonisation drive will require large investments that Fitch Ratings believes corporate-style bank loans and public funds will not be able to meet, which will spur development of other financing methods to close the funding gap. Non-recourse project finance is a tool that is typically […]
Sustained Demand Pressure Continues to Weaken the Currency Despite CBN Intervention
October 11, 2023/CSL Research Based on the half year financial markets report of the Central Bank of Nigeria, the apex bank has maintained its intervention in the foreign exchange market in an attempt to alleviate demand pressures and ensure exchange rate stability. A total of US$6,439.33 million (US$9,229.26 million in […]
