Tag : Financial Stability

Business

Bank of Korea holds 2.5% rate and rolls out dot plot

manamalive.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
Argentina completes repayment under U.S. currency swap facility
Business

Argentina settles U.S. Treasury swap obligation in full

manamalive.com
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025,...
Inflation cools rapidly, paving the way for economic confidence in 2024
Business

Inflation cools rapidly, paving the way for economic confidence in 2024

manamalive.com
As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations and emerged as a year of remarkable resilience for the...