China to keep prudent monetary policy in 2013: central bank

China to keep prudent monetary policy in 2013: central bank
BEIJING (Reuters) – China will stick to a prudent monetary policy next year and keep consumer prices stable, its outgoing central bank governor, Zhou Xiaochuan, said on Monday, in fresh sign that Beijing won't be changing direction when the new …
Read more on Chicago Tribune

Egypt to Start Dollar Auctions as Reserves Hit 'Critical' Level
The central bank sold $ 74.9 million to banks yesterday at a cut-off price of 6.2425 a dollar, a 0.9 percent depreciation from the Dec. 28 closing price, according to data compiled by Bloomberg. The benchmark EGX 30 Index gained 0.3 percent today …
Read more on Bloomberg

Credit Has Best Rally in Europe Since 2009 With Central Bank Aid
The European Central Bank's decision to hold benchmark borrowing costs close to zero and pump as much as 1 trillion euros ($ 1.3 trillion) into the region's financial system helped fend off a credit crunch. ECB President Mario Draghi's announcement in …
Read more on Bloomberg

Tags: , , , , , , ,

Comments are closed.

CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]