Central Banks have cut interest rates to historic lows in an attempt to reduce the adverse impact of COVID-19, while unprecedented liquidity infusions have been used to reduce funding constraints and frictions in the financial market. Monetary policy will lessen the economic and financial fallout ...
Effect of Central Bank Policy Response to Promote Mobile Money Transactions in the Context of COVID-19: The West African Economic and Monetary Union (WAEMU... COVID-19 by doing a case study on the West African Economic and Monetary Union (WAEMU) countries. It consists to analyze the effect...
In Ghana, the Bank of Ghana last week announced to reschedule its bimonthly Monetary Policy Committee meeting from March 24-27 to March 18-20. The regulator said on Monday that it has been following the developments of COVID-19 pandemic and is taking necessary steps to mitigate the impact o...
The European Central Bank (ECB) says it will continue its bond-buying spree into 2022 as it tries to ease the financial burden on EU countries that have been ravaged by COVID-19 lockdowns. Officials announced more than $600 billion in additional stimulus measures after Thursday's...
the central bank on Monday evening, the Nepal Rastra Bank said that it would identify the sectors being affected by COVID-19 and enterprises in those sectors would be offered loans at cheaper rates, and those who are struggling to repay the loans would be allowed to reschedule repayment table...
Central Bank of the Bahamas' Supervisory Response and Guidance for the Novel Coronavirus (COVID-19) The Central Bank of The Bahamas has been closely monitoring the global and domestic economic impact of the Novel Coronavirus (COVID-19) pandemic and has been taking appropriate measures to safegua...
Also, the sharp interest rate cuts of large central banks in response to the Global Financial Crisis of 2007/088 and the late (Federal Reserve Bank) or even missed (European Central Bank, Bank of Japan) interest rate increases thereafter have, from the perspective of Austrian business cycle ...
“The track record BNP Paribas Asset Management has built over the years has allowed it to weather the fallout from the Covid-19 pandemic. Despite the challenging environment, they were able to onboard new central bank mandates and work closely with central banks that were makin...
Commercial Banks’ Return to Pre-COVID-19 Bahamian Dollar Open Position LimitsThe Central Bank advises that effective 1st July, 2021, the relaxed ceiling on the long Bahamian Dollar (B$) Open Position Limit on foreign exchange transactions for commercial banks, ...
The central bank has stressed the importance of providing financial support for the real economy. A batch of measures have been introduced to coordinate COVID-19 response and economic and social development, and more inclusive loans have been issued to small and micro firms, the PBOC said. ...