Bangladesh withdraws interest rate ceiling for NFCD accounts to boost forex reserves

Jul 18, 2022

Dhaka [Bangladesh], July 18 : The central bank of Bangladesh on Sunday withdrew the interest rate ceiling on non-resident foreign currency deposits (NFCDs) in...

UAE Central Bank keeps interest rate steady after US Fed decision

Jun 19, 2025

On Wednesday, in a post on social media platform X, the bank stated, "The #CentralBankUAE has decided to maintain the Base Rate applicable to...

Australian central bank hikes interest rate for first time in over decade

May 03, 2022

Sydney [Australia], May 3 (ANI/Xinhua): After dropping interest rates down to historic low levels during the pandemic, the Reserve Bank of Australia (RBA)...

European Central Bank pauses interest rate after record 10 hikes, amid economic concerns

Oct 26, 2023

Amid the concerns of a looming recession, the European Central Bank (ECB) on Thursday put a hold on interest rates, marking the first instance...

Indian stock indices hit fresh highs on strong fundamentals

Dec 01, 2022

Robust foreign fund inflows into Indian equities, the appreciating Rupee, and hints by the US central bank about the moderating rate of interest hikes...

US Federal Reserve finally pauses interest rate

Jun 15, 2023

Barring the latest pause, the US central bank has hiked the interest rate for the tenth consecutive time which was necessitated in the fight...