CBN warns against rejection of standard ₦100 note, says it remains legal tender
The Central Bank of Nigeria, CBN, has assured Nigerians that the standard ₦100 banknote remains legal tender, warning that anyone rejecting it for transactions is...
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Rupee tanks 59 paise to close at 95.55 against U.S. dollar
Rupee falls 59 paise to 95.55 against the dollar amid rising crude prices and geopolitical tensions following U.S.-Iran strikes.
Polish Zloty: Dovish NBP stance weighs on PLN – ING
ING’s Frantisek Taborsky expects the National Bank of Poland (NBP) to keep rates at 3.75% through year-end, with easing delayed until policymakers gain confidence...
Gold falls over 1% as oil jumps after Trump says Iran peace deal 'over'
Among other metals, spot silver fell 2.6% to $58.45 per ounce, platinum slipped 4.1% to $1,574.03
One of Africa’s 10 largest gold producers built a $3.68 billion gold reserve in just 18 months
Tanzania has significantly boosted its gold reserves, acquiring over 28 metric tons in the last 18 months as part of a campaign to enhance foreign reserves and...
New EPFO portal to enable auto interest credit, centralised database
Revamped system to automate claims, speed up settlements and reduce rejection rates.
Fed meeting minutes to show 'family fight' over rates. The squabble could drag on for a while
There have been few instances over the past 35 years or so when the Fed has only made one rate move, be it up or down.
China's central bank pledges to maintain accommodative policy amid weak demand, external shocks
BEIJING: China's economy is facing a structural mismatch between strong supply and weak demand, its central bank said on Wednesday, pledging to maintain an...
Australian Dollar weakens on renewed Iran tensions ahead of Fed minutes
AUD/USD falls to around 0.6920 on Wednesday at the time of writing, down 0.13% on the day after giving back its earlier gains.
EPF Interest To Be Credited To 34 Crore Member Accounts By July 15
The EPFO is processing interest credit for around 34 crore members, disbursing over Rs 1.44 lakh crore in their accounts. Members would be able to check their...
Study shows decade-long decline in federal enforcement activity
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators...