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Latest Central bank Stories

2010-11-09 07:30:00

PARIS, November 9, 2010 /PRNewswire/ -- According to momagri(c), a think tank advocating a new vision for global agriculture, the international community is not fully taking into account the impact of monetary and currency imbalances on agricultural activities. Yet, in an environment of food, financial and budgetary crises and in proportions unknown till now, the currency exchange rates and key rates set by Central Banks have become crucial variables for agricultural competitiveness.

2010-10-25 06:47:00

CLEVELAND, October 25, 2010 /PRNewswire/ -- The Federal Reserve Banks and Equens have successfully processed the first automated clearinghouse payments via a new standardized channel for low-value cross-border payments between the United States and Europe. U.S.

2010-06-22 13:30:00

NEW YORK, June 22 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: Gold prices continue to march higher, hitting a new all-time high near US$1265 this Monday morning in London trading before settling down to the $1250 to $1260 area.

2010-02-18 11:57:00

LONDON, February 18, 2010 /PRNewswire/ -- World Gold Council welcomes the announcement by the International Monetary Fund (IMF), that the next phase of its previously announced gold sales programme will be undertaken in a phased and transparent manner.

2009-11-06 09:12:00

NEW YORK, Nov. 6 /PRNewswire/ -- The World Gold Council is delighted to note that the Central Bank of Sri Lanka has announced that it is buying gold to diversify its reserves.

2009-09-10 13:19:08

The central Bank of Canada announced Thursday it was leaving its rate at the record low of 0.25 percent likely until the middle of next year to spur recovery. The bank's statement from Ottawa showed optimism not only for Canada, but elsewhere in the world. Following a deep, synchronous recession, recent indicators point to the start of recovery in major economies, supported by aggressive policy stimulus and the stabilization of global financial markets, the bank said.

2009-08-06 09:43:06

The Bank of England kept its commercial bank lending rate at 0.5 percent Thursday, but said it would increase its asset purchasing plan to $294 billion. The bank added $84 billion to the program, though there have been increasing signs that output in the UK's main export markets is stabilizing, the bank said in a statement. The central bank said financial markets had improved a little … although financial conditions remain fragile.


Word of the Day
meacock
  • An uxorious, effeminate, or spiritless man.
  • A timorous, cowardly fellow.
Probably a blend of meek and cock, or from meek +‎ -ock (“diminutive suffix”).