Tag: central bank

Tanzania central bank to sell dollars to commercial bank amid liquidity crisis

March 27, 2024

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

February 2, 2024

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

January 22, 2024

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

December 31, 2023

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

December 28, 2023

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

March 24, 2023

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

January 20, 2023

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

January 6, 2023

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

December 20, 2022

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

September 28, 2022

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