Exchange rate
Ghana seeks IMF aid as reserves dwindle
Government secures Afreximbank loan and MPC holds rate despite inflation nearing 30%
Gulf central banks increase rates in line with Fed
Five banks raise rates 75bp, while Kuwait orders 25bp increase due to different currency peg
BoJ unlikely to move policy to counter yen weakness
The Bank of Japan is wary of raising rates or even increasing its yield control target to tackle yen depreciation, which it views as being exacerbated by foreign speculators, writes Sayuri Shirai
Kazakhstan orders 50bp rate rise
Unlike neighbours, Kazakhstan continues tightening with eight hikes since last July
Denmark raises rates to maintain euro peg
National Bank of Denmark increases rates by 50bp as inflation rises to highest level since 1983
Nepal hikes rates and constricts credit
Himalayan country confronts rising inflation and strained reserves
Sarb orders largest rate rise since 2002
MPC orders 75bp increase as currency weakens and inflation surges
Uzbekistan lowers key rate by 100bp
Central Asian country follows Russia in reversing rate increases from start of invasion of Ukraine
Zimbabwe authorities demand businesses use official rate
Central bank financial watchdog threatens enforcement “blitz”
Bank of Ghana denies rationing FX
Bloomberg made claim in June article citing swelling fuel import bills
Myanmar orders halt to foreign debt payments
Authorities order wider range of partly foreign-owned companies to sell FX to central bank
Chilean central bank pledges to sell up to $25 billion to defend peso
Currency plummets by 4% to new record low against US dollar following 75bp rate hike
Singapore and Philippines make unscheduled policy decisions
Central banks tighten policy as inflation continues to rise and US releases inflation data
Book notes: Harry White and the American creed, by James Boughton
This book offers a deeper understanding of the hugely influential IMF founder and his work, but fails to resolve espionage charges
Chilean government officials dispute central bank’s currency role
Finance minister reproves official spokesperson as currency continues steep fall
Bank Indonesia may raise interest rates this quarter, says governor
Central bank’s cautious approach to tightening contrasts with global trend
Pakistan raises rates again as inflation climbs past 20%
IMF urges tighter fiscal policy as governor's post remains unfilled
Bank of Israel orders biggest rate rise since 2011
Central bank continues “monetary contraction” as Israel faces fifth election since 2019
Iran imposes restrictions on payments
Authorities cite risk of cyber attacks, but economy has also faced capital flight
Colombia announces largest-ever rate increase
Central bank orders 150bp rise, while president-elect announces next finance minister
Hungary makes shock 185bp rate increase
Central bank responds to inflation and weak forint with largest increase since 2008
Zimbabwe central bank raises policy rate to 200%
Finance minister guarantees use of US dollar through 2025, while RBZ will mint gold coins
IMF approves $4 billion payment for Argentina
Country passes first IMF review, but reserves have declined in recent weeks
BSP raises rates by 25bp, while Indonesia holds
Economist warns Philippine central bank’s action may not be enough to bring inflation down