International banks and investors can apply for a licence to operate in Ethiopia immediately, according to a central bank statement, capping the government's drive to attract more overseas investment ...

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power to pay interest on cash that banks park ...

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.

The Bank of Korea governor Ryoo Sangdai reportedly floated an idea for banks to be the primary issuers of stablecoins in South Korea before gradually rolling out to other sectors.

After years of unorthodox interventions and monetary policy experimentation, Nigeria is undergoing a seismic economic transformation, with its central bank at the helm of a bold, often painful ...

With a few days remaining in FY25, the government has already borrowed Tk99,591 crore from the banking sector as of 15 June, exceeding its annual target of Tk99,000 crore, according to Bangladesh Bank ...

The IMF paper introduces a powerful multilingual AI model that quantifies central bank communication across 169 institutions ...

India’s central bank digital currency (CBDC)—is issued in the same denominations as coins and bank notes. Users may transact ...

Woori Bank's stock is poised for more growth after the elections. Explore WF stock's potential and why it remains a top ...