Zubair Motiwala Urges Interest Rate Cut KCCI Highlights Inflation Drop
September 4, 2024
Zubair Motiwala, Businessmen Group (BMG) leader has urged the authorities to cut the markup rate down to 14.5 percent from the current 19.5 percent interest rate in the coming monetary policy. “Moody’s has also categorized the insecure loans to CAA2”. KCCI has said that inflation has dropped to the lowest level of 9.6 percent in […]
chat_bubble0 Comment
visibility35 Views
BoJ Hikes Interest Rates to 0.25% Yen Surges Amid Economic Shifts and Wage Growth
July 31, 2024
The central bank said in a statement it had set an interest rate of 0.25 percent — up from around zero to 0.1 percent — having ditched its maverick negative rate policy aimed at boosting economic growth in March. Its decision, announced after a two-day policy meeting, caused the yen to surge briefly before weakening […]
chat_bubble0 Comment
visibility63 Views
