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The RBNZ raised the official interest rate (OCR) by 25 basis points to 5.5% today in a split decision (5-2) and signaled that the picnic cycle is over. The bank noted that the policy will remain restricted for some time to come and…

Investing.com - The US dollar made gains in early European trade on Tuesday, with risk sentiment slipping as the debt-ceiling impasse persisted and after hawkish comments from Federal Reserve officials. At 02:55 EST (06:55 GMT), the…

© Reuters. FILE PHOTO: US dollar banknotes are seen in this illustration taken on March 10, 2023. REUTERS/Dado Rovic/Illustration Written by Samuel Indyk LONDON (Reuters) - The US dollar rose for a second day on Tuesday, briefly…

The PBOC USD/CNY reference rate is set to be around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint for the Yuan (also known as the RMB or RMB). The People's Bank of China…

© Reuters. Investing.com - The U.S. dollar fell in early European trade on Friday, but held near a two-month high as strong employment data and optimism that a U.S. debt default could be avoided suggested the Federal Reserve would…

Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link Link copied The cryptocurrency market has been crashing for the past 3 weeks, with an almost $145 billion…

The shekel was rising today against the dollar and the euro. In inter-bank transactions this afternoon, the shekel exchange rate against the dollar decreased by 0.41%, at 3.646 / dollar, and the shekel price against the…

breadcrumb links PMN Business Article author: Posted May 15, 2023 • One minute read Article content SYDNEY - A measure of Australian consumer sentiment fell in May after a surprise rate hike by the Reserve…

Westpac in New Zealand expects the RBNZ cash rate to reach 6% by August. WPAC says:By mid-2024, it should be clear that inflation pressures have abated considerably, that the CPI is closer to 4% and that the probability of reaching 3%…

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the Central Bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang SHANGHAI/SINGAPORE…