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The European Bank for Reconstruction and Development plans to invest at least €2.1 billion ($2.5bn) in the Mena region this year, mostly in the......

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MUMBAI: The Indian rupee lost 1.5% on Wednesday, suffering its biggest single-day fall in 20 months as the central bank mapped out plans for a massive government bond buying programme.......

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The markets recorded a new and better exchange rate on Saturday, as the value of the Syrian pound rose by 10%, financial and economic sources in the markets told “Al-Watan”......

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The value of the Turkish lira has fallen by 15 per cent after President Recep Tayyip Erdogan sacked the governor of the country's central bank over the weekend. Naci Agbal was......

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Moscow (ST): Russian Foreign Minister Sergey Lavrov called for the use of national currencies instead of the US dollar in mutual settlements between countries to reduce the risks......

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Discover, a leading digital bank and payments company, and Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and shared central infrastructure for payment......

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TOKYO: The Bank of Japan may phase out a numerical target for its risky asset buying at a policy review on Friday, highlighting the rising cost of prolonged easing and marking a turning......

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CARACAS: Venezuela’s central bank said on Friday that it would introduce a banknote worth 1 million bolivars beginning next week, as years of incessant hyperinflation continue......

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HSBC has appointed Mohammed Al Marzouqi as head of global banking in the UAE, subject to regulatory approval. The bank said in a statement on Tuesday that this was a newly created......

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Bank of England chief economist Andy Haldane compared inflation to a “tiger” that has been woken up and could prove difficult to tame, as he warned central bankers across......

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