To curb persistently high inflation, the Central Bank of The Gambia (CBG) has maintained a tight monetary stance, keeping its policy rate high at 17% in August 2024, unchanged since August 2023. The ...

Central Bank was to testify on Monday before the inquiry to tender evidence. However, upon commencement, the co-chair of ...

IMF staff and the Gambian authorities conducted productive discussions on economic policies to conclude the second review of ...

An International Monetary Fund (IMF) team, led by Ms. Eva Jenkner, conducted productive discussions with the Gambian authorities in Banjul from September 30 to October 11, 2024, on the second review ...

“He misses all the important moments,” she said. “He hasn't even met our youngest daughter.” Gambia's central bank says remittances amounted to over $730 million last year but experts warn that the ...

Kenyan President William Ruto is urging commercial banks to expedite plans to sign on to the Pan-African Payments and ...

These agreements allow a central bank in one country to exchange currency, usually its domestic currency, for a certain amount of foreign currency. The recipient central bank can then lend this ...

Central Bank of The Gambia, National Committee of Banks and Seguros of Honduras, Directorate General of Treasury, Ministry of Finance and Budget, Madagascar, and the Maldives Monetary Authority are ...

The CBN has established Memoranda of Understanding (MoUs) with countries hosting Nigerian banks’ subsidiaries to improve ...

Gold’s status as a Central Bank and bank reserve asset is escalating. According to Bank of America, gold has surpassed the euro to become the second-largest reserve asset after the U.S. dollar.

Namibia's central bank cut its main interest rate for the second meeting in a row on Wednesday, saying inflation had fallen surprisingly quickly and that the economy needed more support. Its Monetary ...

Sept. 27, 2024 The two sides of Libya’s political divide have agreed on a new leader for the country’s central bank — a settlement that officials hope will end months of escalating tensions ...