Stakeholders differ on CBN’s withdrawal from manufacturers’ intervention fund
Industry leaders and economic experts have expressed divergent views over the Central Bank of Nigeria’s (CBN) decision to discontinue its direct intervention...
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Is the Fed Becoming an Even Bigger Black Box? Warsh Wants to Reduce Number of Meetings
Kevin Warsh wants the Federal Reserve to hold fewer policy meetings, arguing that silence builds more market confidence than constant commentary. But with the Fed...
Business News | FII Sentiment Turning Favourable Towards India After Heavy Selling; Market Probably Oversold, Says Raamdeo Agrawal
Get latest articles and stories on Business at LatestLY. Foreign investors are beginning to look at India more favourably after months of heavy selling, with Indian...
Azerbaijani banks' net foreign assets exceed 31.2B manats
As of July 1 this year, the net foreign assets of Azerbaijani banks totaled 31.22 billion manats, about $18.36 billion, Report informs, citing the Central Bank of...
America In Focus: US economy expands at sluggish pace, mortgage rate hit the highest level in a year
The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. Meanwhile, the average long-term U.S. mortgage rate...