central bank

Philippine C.bank Ordered to Return Recovered Money to Bangladesh

MANILA, Sept 19  – A Philippine regional trial court has ordered the Bangko Sentral Pilipinas (BSP) to return to the Bangladesh central bank a recovered portion of the $81 million that was stolen from the bank earlier this year, a government lawyer said on Monday. The court has declared Bangladesh as the rightful owner of

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Business Outlook: All Eyes on the Central Bank

BY Christopher Dembik  September will be a busy month for investors given that nearly thirty main central bank meetings are scheduled this month. Since the Bank of England’s (BoE) last policy announcement, the total monthly amount in official global Quantitative Easing (QE) has reached almost 200 billion dollars, which corresponds to the cost of the war

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Gulf’s Private-Sector Growth Slows As Price of Oil Falls

DUBAI, Nov 3 (Reuters)  The private sector in the two biggest Gulf Arab economies grew at the slowest pace in years in October, corporate surveys showed on Tuesday, indicating low oil prices are starting to slow business activity across the region. The seasonally adjusted Emirates NBD Saudi Arabia Purchasing Managers’ Index for last month dropped

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