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Tag: central bank
Tanzania central bank to sell dollars to commercial bank amid liquidity crisis
Tanzania’s central bank will begin selling US dollars to commercial banks to boost liquidity amid high demand for foreign currencies. “The initiative aims to ensure ... Read More
Morocco’s central bank alerts to climate change impact on monetary policy
Central Bank governor Abdellatif Jouahri warned of the impact of climate change on monetary policy and said the bank was working with the government on ... Read More
Tunisia’s autocrat curbs central bank independence
Tunisia’s president Kais Saied extended his power grab to the central bank, undermining the independence of the monetary policy in a country that suffers from ... Read More
Seychelles: Central Bank Chief steps down in March 2024
The governor of the Central Bank of Seychelles (CBS) Caroline Abel, will leave her position in March 2024 when her contract ends. C. Abel made ... Read More
Kenya moves closer to seal EPA deal with EU, while also seeking $1bn loan from China
As Kenya is moving closer to sealing an Economic Partnership Agreement (EPA) with the European Union, the East African economic powerhouse has also announced the ... Read More
Moroccan government, central bank at odds over inflation
Morocco’s central bank and the Moroccan government are pursuing policies that are triggering opposite impacts on inflation. As the central bank tightens its monetary policy ... Read More
Morocco to issue dollar-denominated bond in 2023- Central Bank
Morocco would issue a dollar-denominated bond in 2023, the first since 2020, the central bank said. Morocco has yet to recover its investment grade although ... Read More
Madagascar: Central Bank Chief resigns, successor named
Henri Rabarijohn, the governor of Madagascar’s Central Bank (BFM)) has stepped down from his position on health conditions ground. President Andry Rajoelina has accepted the ... Read More
Morocco: Central Bank raises rates to 2.5 % & expects growth to reach 3pc in 2023
Morocco’s central bank has decided to raise its key rate by 50 basis points to 2.5pc due to inflation upward trends and external pressures that ... Read More
Morocco’s Central Bank raises rates to 2% to fight inflation
Bank Al-Maghrib, Morocco’s central bank, decided Tuesday to increase its key interest rate by 50 basis points to 2 percent and to continue to monitor ... Read More