KAMPALA, June 11 (Xinhua) -- Uganda's central bank said Tuesday that it has stopped exchange of the Kenyan currency after Kenya decided to suspend currency conversion and repatriation of the Kenyan shilling. The Bank of Uganda said in a statement that the Central Bank of Kenya informed it th...
This paper employs conditional probabilities generated from a homogenous two-state Markov chain to obtain maximum likelihood estimates of the efficacy of central bank intervention on the foreign exchange market in Uganda. This enables us to explicitly model the fact that intervention actions usually do ...
Analysts have blamed the CBK for the dollar crisis, saying the regulator introduced tough rules on the foreign exchange interbank market, crippling market operations. Through the interbank forex market, banks are able to trade hard currency with each other and at rates which determine the...
The Bank of Uganda cut the central bank rate 100 basis points in April and another 100 basis points in June, bringing the rate down to 7%. After commercial banks failed to reduce their loan rates in response to the central bank's easing, Governor Emmanuel Tumusiime-Mutebile sent a letter...
Uganda Emmanuel Tumusiime-Mutebile B- C+ United Arab Emirates Mubarak Rashid Al Mansouri B B+ *CB governor was not graded in 2017. **Applied to a prior CB governor. Related Content Economics, Policy & Regulation DOGE Readies Massive Cuts To US Government ...
bank also wants commercial banks to help the recovery by encouraging their clients to invest in government securities. The bank has launched a regulatory sandbox framework to encourage innovations in the fintechs and further liberalized the operations of bureau de change to promote financial inclusion...
In a case study of Burundi, Kenya, Rwanda, Tanzania, and Uganda, this paper finds that bilateral real exchange rates revert to a long-term equilibrium in l... N Krichene - 《Imf Working Papers》 被引量: 15发表: 2006年 Redefining integration of the European dairy markets: do they converg...
liquidity support by the Exchange Fundoracentral bank,theAdministration should provide information on the considerations of the HKMA in deciding whether and when such incidents should be disclosed to the public, and in the case of deciding to keep such incidents confidential, the accountability[...]...
A key challenge for macroeconomic policy in open economies is how to simultaneously manage exchange rates, interest rates and capital account openness 鈥 t... Michael,Hutchison,Rajeswari,... - 《World Economy》 被引量: 83发表: 2012年 Central Bank Independence And Macroeconomic Performances - An ...
The central bank is re-financing the loans with new money raising fears over foreign exchange shortages and the fall of the currency or the loss of reserves when the freshly minted domestic currency turns into demand. Sri Lanka has already controlled imports after money printing bout in March an...