New Delhi [India], May 25 (ANI): India is in discussion and exploring the possibilities to buy cheaper oil from Russia using the Rupee-Rouble mechanism, Finance Ministry sources said on Wednesday.
Washington [US], May 13 (ANI/Sputnik): The US Senate on Thursday voted to confirm Jerome Powell as chairman of the Federal Reserve, making official his position as head of the country's central bank for another four-year term.
Beijing [China], May 12 (ANI): China's Yuan is expected to weaken further over the coming weeks as signs emerge that China's central bank is preparing further interest rate cuts to prop up the faltering economy.
Colombo [Sri Lanka], May 11 (ANI): Sri Lanka's economic situation will worsen if political stability is not achieved, the country's Central Bank Governor Nandalal Weerasinghe warned on Wednesday as the island nation continued to witness large-scale violence.
Naypyidaw [Myanmar], May 10 (ANI/Xinhua): The Central Bank of Myanmar (CBM) has added 158 companies to a blacklist for failing to deposit export earnings into accounts in domestic banks within the prescribed periods.
Istanbul [Turky], May 9 (ANI/Xinhua): The Turkish currency broke through a key threshold Monday against the U.S. dollar amid the soaring inflation rate.
Kabul [Afghanistan], May 8 (ANI): Amid a devastating economic crisis, Afghanistan received USD 32 million in humanitarian assistance on Sunday, the country's central bank informed while appreciating the humanitarian assistance of the international community.
Mumbai (Maharashtra) [India], May 7 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said the recent decision of the Reserve Bank of India (RBI) to hike key policy interest rates is a part of the synchronised event by the central banks globally.
Colombo [Sri Lanka], May 5 (ANI): The Colombo Chief Magistrate's court on Thursday further extended the travel ban imposed on former Central Bank Governor Ajith Nivard Cabraal.
Karachi [Pakistan], May 5 (ANI): Pakistan government requested Saudi Arabia to refrain from withdrawing the deposits given to the central bank of Pakistan and asked to continue its oil facilities for the country.
Sydney [Australia], May 3 (ANI/Xinhua): After dropping interest rates down to historic low levels during the pandemic, the Reserve Bank of Australia (RBA) has hiked interest rates by 0.25 to 0.35 per cent, the first rise since 2010, in an effort to calm growing inflation.