Saturday, Oct 23, 2021
International Finance

Tag : Central

Banking Finance

Sweden’s Riksbank contemplates digital currency

Could potentially develop a new payment system after seeing a substantial dip in the use of conventional currency IFM Correspondent November 22, 2016: Sweden’s central bank — Riksbank — is considering the option of using digital currency. This is mainly due to the fact there has been a drastic decrease in the use of notes...
Uncategorized

Singapore’s economy to stay sluggish in 2017

Growth in 2017 expected to be only slightly higher than this year, just above 2% IFM Correspondent October 31, 2016: Singapore’s central bank, the Monetary Authority of Singapore (MAS), said that the country’s small, trade-dependent economy is going through a cyclical downturn that has lasted longer than expected and is not expected to pick up...
Economy

Bank of Japan keeps rate steady

International Finance Desk
Will target 10-year interest rate committing to keep it around zero IFM Correspondent September 21, 2016: Japan’s central bank issued a plethora of changes to its policy approach but kept rate steady. The Bank of Japan (BOJ) said it would start targeting 10-year interest rates, committing to keep them around zero as part of a...
Finance Wealth Management

Is Osborne right on Brexit and property?

Chancellor of the Exchequer said that property prices will be significantly dampened by a UK vote to leave Naomi Heaton  May 11, 2016: With the UK’s EU referendum fast approaching, questions are inevitably circulating about how the build-up and outcome will impact property prices and the future of the UK and London market. Indeed, in...
Banking

Battling for billions

New mobile payments provider Equitel heats up competition in Kenya Amoxers Wachira July 30, 2015: In Kenya, it is unbelievably easy to complete transactions using a simple mobile phone handset. Such is the success of M-Pesa, Kenya’s pioneering mobile payments platform, that the country has been thrust in the unlikely position of a global leader...