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With a variety of local payment processing systems running on more than 200 distributed servers in 74 data centers across 11 time zones, Bank of Russia faced significant challenges in terms of operational efficiency, technical...
Inflation in Serbia in 2009 will be around 7.5 percent, it was stated at the National Bank of Serbia (NBS)presentation of the November inflation report. It is expected that in the fourth quarter of this year, the prices will...
The Moldovan Ministry of Finance has earned 127.3 million lei ($11.4 million) for the budget, as a result of the sale of government securities. According to the data by the National Bank of Moldova (NBM), the demand for...
Thursday, the Central Bank of the Republic of Turkey lowered its borrowing rate to 6.50% from 6.75% as expected, and slashed the lending rate to 9.00% from 9.25%. The central bank said in a statement that the ongoing recovery...
The Swiss National Bank (SNB) usually keeps a tight rein on the Swiss M3 money supply, limiting its growth rate to a 3% annual clip ... This year, the SNB has ratcheted-up the growth rate of the M3 money supply to an 8%...
FRIBOURG, Switzerland, Nov 20 (Reuters) - Markets are confident that central bankers will drain excessive liquidity if needed, Swiss National Bank chief Jean-Pierre Roth said on Friday. 'We have the have the necessary means to...
Quote: ‘There’s a blush for won’t, and a blush for shan’t, And a blush for having done it: There’s a blush for thought and a blush for naught, And a blush for just begun it’. John Keats (1795-1821-) The News: US House Committee...
It is glittering again for the time being.... gold (Keystone) The surge in the price of gold is likely to continue, in the face of a weakening dollar and the threat of hyper-inflation in the United States. The Reserve Bank of...
Switzerland's banking sector must be put under higher-than-average regulatory standards to lessen the country's vulnerability to financial shocks in the future, Swiss National Bank Vice-Chairman Philipp Hildebrand said on...
Advice from Jeff Nichols on the current bull run in the gold market and the state of the global economy as inflation fears continue to develop. Commenting to Rosland Capital, for which he is Senior Economic Advisor, gold guru...
