Page 2 - Facility Rate News Today

ASIA: China’s consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the National Bureau of Statistics said last Friday. The consumer price index increased by 2.8% last month from a year ago, matching expectations from a Reuters poll. Much of the gains came from a

COLOMBO, Oct. 6 (Xinhua) -- Sri Lanka central bank decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) a

ASIA: Japan's economy grew more than initially reported in the second quarter, as the lifting of local COVID-19 restrictions boosted consumer and business spending. Gross domestic product (GDP) in the world's third-largest economy expanded an annualized 3.5% in the second quarter, stronger than the preliminary estimate of annualized 2.2% growth, government data showed Thursday. The

The European Central Bank (ECB) is set to announce its decision on monetary policy on Thursday, July 21 at 12:15 GMT and as we get closer to the relea

ASIA: US Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden had asked his team to look at the option of lifting some tariffs on China that were put into place by former President Donald Trump to combat the current high inflation. Biden has said he is considering removing some of the tariffs

ASIA: The World Bank cut its economic growth forecast for India and the whole South Asian region on Wednesday, citing worsening supply bottlenecks and rising inflation risks caused by the Ukraine crisis. The international lender lowered its growth estimate for India, the region's largest economy, to 8% from 8.7% for the current fiscal year to

Spread the lovemore ASIA: China has set its lowest annual GDP target in decades, as premier Li Keqiang warned of a “grave and uncertain” outlook against the backdrop of the coronavirus, a slowing economy and the war in Ukraine. Li announced on Saturday the unusually modest target of about 5.5% growth for 2022 – […]

Spread the lovemore ASIA: India plans to buy 1 million tonnes of potash from Belarus in the first such bilateral deal between the two countries after sanctions crippled Minsk’s ability to sell the crop nutrient, Reuters reported. India has suggested that the state-run Belarus Potash Company (BPC) could open a rupee account with a state-run […]

Spread the lovemore ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 305.70 points or 1.11% to 27,772.93 Shanghai decreased 3.12 points or -0.09% to 3,555.06 Hang Seng increased 824.50 points or 3.42% to 24,952.35 ASX 200 increased 9.90 points or 0.14% to 7,342.40 Kospi increased 20.40 points or […]

COLOMBO, Jan. 20 (Xinhua) -- The Central Bank of Sri Lanka (CBSL) on Thursday announced that it would be raising interest rates following the first Monetary Pol