Search Results for: central bank of Mexico
Mexico central bank sells $52 mln in currency auction
March 31st, 2015
The central bank of Mexico sold $52 million on Monday at an average price of 15.2456 pesos per dollar, the bank said, part of an auction program to boost foreign exchange liquidity following a recent slide in the peso currency. Monday’s ...
The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
September 20th, 2016
The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China. Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world ...
The five fears stalking the global banking industry
February 10th, 2016
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global ...
World Bank:Anemic recovery in emerging markets to weigh heavily on global growth in 2016
January 7th, 2016
Weak growth among major emerging markets will weigh on global growth in 2016, but economic activity should still pick up modestly to a 2.9 percent pace, from 2.4 percent growth in 2015, as advanced economies gain speed, according to ...
Citibank’s new UAE customers will now need to keep more than 10 times as much money in bank accounts
November 12th, 2015
Citibank’s new UAE customers told to have Dh35,000 minimum account balance Citibank said new customers in the UAE will now need to keep more than 10 times as much money in bank accounts than previously required as it focuses ...
Central Banks at Zero Failing to Turbocharge Effect of Cheap Oil
April 9th, 2015
Central bankers unable to cut interest rates are failing to turbocharge the effect of declining oil prices. Economists at Oxford Economics Ltd., a U.K.-based research group, say policy makers may be damping hopes that last year’s near-halving of crude ...
Two decades after the peso crisis, Mexico faces new shocks
December 12th, 2014
MANY factors contributed to Mexico’s “tequila crisis” in 1994, but two stood out: tighter monetary policy in the United States and political instability at home. Almost exactly 20 years later, the same forces are again weighing on the currency, ...
World shares steadied on Friday; Gold recovered somewhat
September 17th, 2021
World shares steadied on Friday above three-week lows set in the previous session though they were heading for a weekly loss on China jitters and global growth concerns, while strong U.S. retail sales data buoyed the dollar. Shares in ...
Most emerging market currencies rose on Friday
June 25th, 2021
Most emerging market currencies rose on Friday, and were set for a strong finish to a week marked by several interest rate hikes across the space as well as waning fears over immediate policy tightening by the U.S. Federal ...
Emerging currencies: Latam currencies weaken
January 14th, 2020
Brazil’s real slid to a one-month low on Monday, leading a decline across major currencies in Latin America, while Sao Paulo-listed stocks ended a six-session losing streak amid a rally in global markets fueled by trade optimism. Extending losses ...
