Browsing: central bank

Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s Finance Ministry.

Islamic banks in UAE experience steady growth as assets soar by AED86 billion, reflecting robust financial performance.

The Central Bank of Egypt implements bold monetary measures, letting market forces decide the Egyptian pound’s fate.

Turkish lira hits record low against U.S. dollar: Exchange rate at 30.005, a 37% yearly decline amidst double-digit inflation in Turkey.

In a decisive move to tackle rampant inflation, Turkey’s central bank announced a significant hike to its benchmark interest rate…