central bank

Latest news and articles about central bank from NEX English

Strengthening Confidence in UAE Banks Amid Regional Tensions

Standard & Poor's reports that UAE banks have achieved remarkable stability due to effective support from the Central Bank, mitigating the impact of regional tensions on the financial sector. This comes as political and economic crises escalate in the Middle East.

Enhance Coordination with Central Bank to Secure Essential Goods

Dr. Mostafa Madbouly, Prime Minister of Egypt, emphasized the importance of ongoing coordination with the Central Bank to meet funding needs and strengthen the strategic stock of essential goods and petroleum products. This initiative is part of the government's efforts to boost development and improve the investment environment.

Expectations for Interest Rate Cut in Russia as Inflation Eases

Prices in Russia have seen a slight increase of <strong>0.19%</strong> between March 31 and April 6, bolstering expert predictions for a potential cut in the key interest rate by the Central Bank of Russia. This comes amid data indicating a year-on-year decline in inflation.

Indonesia's Foreign Reserves Drop to Lowest Level in Two Years

Indonesia has experienced a significant decline in its foreign reserves during March, reaching the lowest level in two years. This drop comes amid efforts by the central bank to support the weakening Indonesian rupiah.

Central Bank Defines 16 Cases for Exempted Amounts from Seizure

The Saudi Central Bank has issued a circular outlining 16 cases of amounts exempt from seizure due to court orders, including 13 cases that do not affect customer deposits. This follows a complaint from a citizen against a local bank for exceeding the legally defined deduction percentage.

Central Bank Bans Credit Facilities for Unregistered Entities

The Central Bank of Egypt has announced a ban on banks providing credit facilities to entities not registered in the credit system. This decision aims to enhance transparency and accountability in the banking sector.

Taiwan's foreign reserves decline sharply amid geopolitical tensions

Taiwan's foreign reserves experienced their largest monthly drop since 2011 in March, as the central bank sold U.S. dollars to stabilize the local currency amid capital outflows driven by the war in Iran.

Inflation in Czech Republic Accelerates Less Than Expected

Inflation in the Czech Republic has accelerated to <strong>2.9%</strong> in September, remaining below the central bank's official target. This comes as the central bank evaluates the broader impact of rising fuel prices on the cost of living and economic growth.

Central Bank Launches Initiatives to Boost Economy

The Central Bank has announced a series of precautionary and stimulating initiatives aimed at enhancing economic stability and growth. These measures come in response to significant global and local economic challenges.

Sign Cooperation Protocol to Regulate Digital Banking Content

The Chairman of the Supreme Media Council, Karam Gabr, and the Governor of the Central Bank, Hassan Abdullah, signed a cooperation protocol aimed at enhancing the regulation of digital banking content. This initiative is part of broader efforts to improve transparency and build trust in the banking sector in Egypt.

Inflation in Eurozone Surpasses ECB Target Due to Oil Shock

Inflation rates in the Eurozone have exceeded the European Central Bank's target due to rising oil prices. This surge occurs at a critical time for the European economy, raising concerns about potential negative impacts on economic growth.

Central Bank Launches 760 Million Dinar Initiative to Boost Tourism and Food Security

The Central Bank has announced a package of precautionary measures worth <strong>760 million dinars</strong> aimed at enhancing the tourism and food security sectors in the country. This initiative is part of the government's efforts to address current economic challenges.

Central Bank Issues Guidelines for Responsible AI Use

The Central Bank of the UAE has released new guidelines aimed at protecting consumers and promoting the responsible use of artificial intelligence technologies. This initiative comes as reliance on AI increases across various sectors, necessitating controls to ensure the safety of financial and technical transactions.

Turkey's inflation rate drops to 30.87% in March

Turkey's annual inflation rate decreased to <strong>30.87%</strong> in March, down from <strong>31.53%</strong> in February. This figure is lower than economists' expectations despite economic pressures from the ongoing conflict in Iran.

Dollar price fluctuates against Egyptian pound after central bank decision

On Friday, April 3, 2026, the dollar price against the Egyptian pound saw notable changes following a decision by the Central Bank of Egypt. This move is part of the government's efforts to stabilize the local currency.

Central Bank Holds Interest Rates Steady in 2026 Meeting

The Central Bank of Egypt announced it will maintain interest rates during its second meeting of 2026, reflecting stability in monetary policies amid current economic challenges. The main interest rate remains at <strong>11.25%</strong>.

Central Bank Launches Commemorative Issues Honoring Sheikh Zayed

The Central Bank of the UAE has launched new commemorative issues in honor of Sheikh Zayed bin Sultan Al Nahyan, the founder of the United Arab Emirates. These issues celebrate his significant legacy and role in nation-building.

Central Bank Reveals 5 Billion Dinars in Excess Liquidity

The Central Bank announced that excess liquidity in banks reached approximately <strong>5 billion dinars</strong>, reflecting the stability of the financial system in the country. This excess liquidity indicates banks' ability to meet customer needs and enhance economic activity.

Monitor dollar and pound prices ahead of central bank meeting today

Financial markets in Egypt are preparing for a central bank meeting today, which is expected to impact the dollar's exchange rate against the pound. The dollar has seen a significant increase in value today, raising questions about upcoming monetary policies.

Germany's Sovereign Debt Rises to €2.84 Trillion Amid Economic Challenges

Germany's sovereign debt has seen a significant increase over the past year, reaching <strong>€2.84 trillion</strong>, according to the German central bank. This rise reflects the economic challenges faced by the country, particularly in light of ongoing global crises.

Malaysia anticipates faster economic growth in 2026 despite challenges

The Central Bank of Malaysia announced that the Malaysian economy is on a solid path, expecting growth between <strong>4%</strong> and <strong>5%</strong> in 2026, despite challenges from rising fuel prices and regional conflicts.

Implement remote work system in banks on Sundays during April

The Central Bank of Egypt announced the activation of a remote work system for all banks on Sundays throughout April. This initiative aims to enhance work efficiency and improve banking services for customers.

Central Bank Launches First Sovereign Cloud Financial System

The Central Bank has announced the development of the world's first sovereign cloud financial system, representing a pioneering step in enhancing financial and digital security. This system aims to improve the efficiency of financial services and enhance transparency.

Indonesian Rupiah Declines Against US Dollar This Morning

The value of the Indonesian rupiah experienced a slight decline this morning, dropping by one point to reach <strong>Rp16,981</strong> against the US dollar, compared to its previous close of <strong>Rp16,980</strong>. This decline comes amid notable fluctuations in the global economy.

Central Bank Allocates One Million Dinars to Support Tourism Sector

The Central Bank has announced the allocation of loans up to <strong>one million dinars</strong> to support tourism establishments affected by recent crises. This decision is part of the government's efforts to boost the struggling tourism sector.

Egyptian banks await central bank instructions on remote work

Egyptian banks are eagerly anticipating directives from the Central Bank regarding the implementation of remote work systems. This initiative aligns with modern trends aimed at enhancing efficiency within the banking sector.

Record Rise in Costa Rican Colon Pressures Central Bank

The Costa Rican colon has reached its highest level in over two decades, driven by increased exports and foreign investments. This surge has prompted the central bank to intensify its interventions in the currency market.

Saudi reserves reach $461 billion by 2025 amid growth

The Saudi central bank's reserves grew by <strong>5.3%</strong> annually, reaching <strong>$461 billion</strong> by the end of last year, driven by foreign investments. This growth reflects an increase of approximately <strong>$23 billion</strong>.

Turkish Central Bank Spends $30 Billion to Stabilize Lira

The Turkish Central Bank has spent approximately <strong>$30 billion</strong> over the past three weeks to support the stability of the lira amidst unprecedented pressures due to the war in Iran. This intervention raises concerns about Ankara's ability to maintain its current currency support policies.