A decision in this regard is expected to be finalised in the monetary policy meeting scheduled for Wednesday (8 May), said an official of the Bangladesh Bank. Alongside the policy rate, the meeting ...

Consumers are holding their breath hoping for a repo rate cut soon, but it seems that it will stay higher for longer.

The repo rate is the interest rate at which the central bank lends money to commercial banks. The Monetary Policy Committee decides on changes to it every two months. The increase in repo rates ...

When bank rates increase, credit tightens, and small businesses encounter more difficulties in getting loans. Reverse repo rate is the rate that a country's central bank borrows funds from ...

The increase in interest rates naturally causes consumers to save more and spend less as the price of borrowing increases. Increasing the repo rate also impacts the prime lending rate which now ...

Wednesday’s Federal Reserve policy decision was fairly boring for investors — officials kept interest rates the same, just as ...

Repo activity increased due to a combination of quantitative tightening, increased collateral supply, and current rates ...

This increase however, is applicable only to new loans sanctioned and not existing loans, which means that older borrowers will not be impacted by these hikes. The RBI has cut repo rate four times ...

In an economy that continues to shed jobs, shrinking tax base and increasing social grant bill, you can imagine the shock on the May 25, 2023 when South African Reserve Bank Governor Lesetja ...

Turkey’s central bank probably won more time before having to consider another increase in interest rates, a month after ...

The oil price is again the main culprit behind the higher petrol price, while the Rand also depreciated against the US dollar ...

The Reserve Bank of India hiked the repo rate by 50 basis points to 4.9% which will increase the borrowing cost for fintech players Experts believe the rise in interest rates will hit the buy-now ...