BERLIN (Reuters) – Germany’s inflation rate is unlikely to decline rapidly at present and the European Central Bank’s target of…
Turkey cenbank targets 60% lira deposits in banks by mid-2023
By Nevzat Devranoglu and Ezgi Erkoyun ANKARA (Reuters) -Turkey’s central bank said on Friday it aims to lift the share…
Russian rouble surges as volatile year draws to a close
MOSCOW (Reuters) – The rouble strengthened sharply on Friday, nearing the 70 mark against the dollar as a highly volatile…
China funds with energy bets stand out in a bleak year
SHANGHAI (Reuters) – Chinese fund managers who made big bets on energy companies are celebrating a year that was brutal…
China’s yuan looks set for biggest annual loss since 1994, down 8.6%
SHANGHAI (Reuters) – China’s yuan finished the domestic session at a two-week high against the dollar on Friday, but still…
Spain’s 12-month inflation slows down again in December to 5.8%
(Reuters) -Spanish consumer prices rose 5.8% in December – at their slowest annual pace this year, thanks to lower electricity…
Swiss National Bank steps up forex sales during Q3
ZURICH (Reuters) – The Swiss National Bank increased its forex sales to 739 million Swiss francs ($799.35 million) during the…
Permitted share of China’s yuan in Russian wealth fund doubled to 60% -Finance Minister
MOSCOW (Reuters) – Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wealth…
Thai Q3 household debt to GDP slows but remains a risk
BANGKOK (Reuters) – Thailand’s household debt to gross domestic product ratio dropped to 86.8% in the third quarter from 88.1%…
UK house prices end 2022 on a weaker note after pandemic boom
By Muvija M LONDON (Reuters) -British annual house price growth marked a further “sharp” slowdown in December, mortgage lender Nationwide…