ECB expected to phase out 500-euro banknotes
The days of the eurozone's highest-denomination banknote may be numbered. The Governing…
Basic interest rate raised by 1.5%
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
Hacker’s spelling slip foils billion-dollar bank heist
Last month, hackers plundered the accounts of Bangladesh's central bank, making off…
Germans still hoarding old Deutschmarks, as central bank issues reminder
You can trade them in for legal tender, but Germans still hold…
Fed keeps rates steady as US data worsen
The US Fed has kept its interest rates unchanged, with analysts growing…
China announces further stimulus amid slump
The People's Bank of China has cut interest rates for the sixth…
CBE governor, FEI representatives discuss industry problems
This year is the one most challenging years for monetary policy, says…
IMF calls on US Fed to ‘hold off’ on rate hike
The International Monetary Fund (IMF) believes the US central bank has room…
Argentina orders HSBC to replace country chief
Argentina's central bank is cracking down on the banking giant HSBC amid…
China slashes interest rates to back economy
China's central bank has once again cut interest rates and lowered the…