Indonesia's central bank hiked interest rates Wednesday to their highest for seven years, an unexpected move to boost the rupiah, which continues to weaken...
The US Federal Reserve is poised to announce a fresh quarter-percentage-point hike to its benchmark lending rate on Wednesday to tackle inflation, while keeping...
KARACHI: The State Bank of Pakistan (SBP) on Thursday raised the monetary policy rate by 300 basis points to 20per cent.
“This decision reflects deterioration...
WELLINGTON: New Zealand's central bank on Wednesday delivered its eighth consecutive interest rate hike, sending the country's borrowing costs to their highest level in...
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the World Bank warned Thursday, calling...
LONDON: Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to...
WASHINGTON: The Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing rate by 0.75 percentage points...
KARACHI: The monetary policy committee (MPC) of the State Bank of Pakistan (SBP), which regulates the interest rates of the country, has Tuesday decided...
The US dollar index weakened on Tuesday as expectations grew that the Federal Reserve would cut interest rates this year to relieve pressure on the economy.
Business community on Monday requested Prime Minister Imran Khan to lower down the interest rate aimed at improving the business atmosphere in the country.