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The Central Bank of The Bahamas’ (CBOB) Monthly Economic and Financial Developments (MEFD) for July 2023 warned that high global prices and policies designed to fight against inflation could disrupt and weaken the travel market. For now, though, the Central Bank said that The Bahamas’ gains in tourism continue to be strong. “However, as indicators return
In the Central Bank of The Bahamas’ (CBOB) Monthly Economic and Financial Developments (MEFD) for July 2023, published yesterday, the bank revealed that the country’s recovery from the economic downturn due to the COVID-19 pandemic “neared completion” given the growth trajectory of the economy. “Preliminary indications are that during the month of July, the growth
OctaFX analyses the likelihood of BNM keeping the Overnight Policy Rate (OPR) unchanged at 3% at the upcoming Monetary Policy Committee meeting on September 6-7. Learn about the potential impact on the Malaysian ringgit. Headline inflation in Malaysia declined to 2% in July, according to the Monetary and Financial Developments by Bank Negara Malaysia (BNM). The domestic financial market and the ringgit exchange rate were driven primarily by expectations that the US Federal Reserve's monetary tig
Press release Avantium First Half 2023 Results: Avantium continues to show strong progress in executing the commercialisation strategies for...
The Federal Reserve raised interest rates Wednesday to a range of 5.25%-5.50%, putting the fed funds rate at its highest level since March 2001.