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Central Banks

Monetary policy decisions, interest rate changes, and central bank communications worldwide.

South Africa Fully Funded 2026 Foreign Exchange Needs With $3.2 Billion Loans
Central Banks

South Africa Fully Funded 2026 Foreign Exchange Needs With $3.2 Billion Loans

South Africa fully funded its 2026 foreign exchange needs after securing $3.2 billion in concessional loans, easing near-term external financing pressure and trimming immediate reserve replenishment requirements.

11 June 2026
Egypt's Central Bank Withdrew $270 Million From Domestic Banking System
Central Banks

Egypt's Central Bank Withdrew $270 Million From Domestic Banking System

The Central Bank of Egypt withdrew $270 million from the domestic banking system, Financial Afrik reported, in a move that reduced available foreign currency liquidity for banks.

11 June 2026
Central Banks

Bank of Canada Holds Overnight Rate at 2.25% for Fifth Consecutive Meeting

Governing Council said risks to inflation remain two-sided as weak activity and US trade policy uncertainty continue to weigh on the outlook.

10 June 2026
India's PIB clarified RBI had no plans to replace paper notes
Central Banks

India's PIB clarified RBI had no plans to replace paper notes

The Press Information Bureau said claims circulating on social media were fake and reiterated that the Reserve Bank of India maintained its current currency structure, with no switch to plastic notes from June 30.

10 June 2026
Central Bank of Nigeria imposed N100 million fines on banks over forex documents
Central Banks

Central Bank of Nigeria imposed N100 million fines on banks over forex documents

The Central Bank of Nigeria imposed N100 million penalties on banks that processed foreign exchange transactions with inadequate documentation as part of a regulatory overhaul to tighten compliance and transparency.

7 June 2026
Egypt Central Bank Maintained Interest Rates in Latest Monetary Policy Decision
Central Banks

Egypt Central Bank Maintained Interest Rates in Latest Monetary Policy Decision

Egypt's central bank maintained its policy interest rates at its latest meeting, signalling a pause in tightening as officials weighed domestic inflation dynamics and external pressures on the Egyptian pound and financial stability.

7 June 2026
Central Bank of Nigeria imposed N100 million fine on banks for forex lapses
Central Banks

Central Bank of Nigeria imposed N100 million fine on banks for forex lapses

The Central Bank of Nigeria imposed a N100 million penalty on banks that processed foreign exchange transactions with inadequate documentation, part of a broader overhaul of its FX regulatory framework.

7 June 2026
Central Bank of Nigeria imposed N100 million fine on banks for forex breaches
Central Banks

Central Bank of Nigeria imposed N100 million fine on banks for forex breaches

The Central Bank of Nigeria imposed a N100 million penalty for banks that processed foreign exchange transactions with inadequate documentation, part of a regulatory overhaul to tighten compliance and boost market transparency.

7 June 2026
Egypt's Central Bank Kept Key Interest Rates Unchanged at Policy Meeting
Central Banks

Egypt's Central Bank Kept Key Interest Rates Unchanged at Policy Meeting

Egypt's central bank kept its benchmark interest rates unchanged at its latest policy meeting, Ahram Online reported, signaling a pause in monetary policy amid ongoing economic and external pressures.

7 June 2026
Egypt Central Bank Maintained Interest Rates in Latest Monetary Policy Decision
Central Banks

Egypt Central Bank Maintained Interest Rates in Latest Monetary Policy Decision

Egypt central bank maintained its benchmark interest rates at its latest policy meeting, leaving borrowing costs unchanged amid ongoing economic pressures and market attention on inflation and currency stability.

6 June 2026
India's RBI announced capital measures and rupee jumped on Friday
Central Banks

India's RBI announced capital measures and rupee jumped on Friday

The Reserve Bank of India announced measures to attract foreign capital, and the rupee posted its biggest single-day gain since April 2 as markets reacted to the policy steps.

6 June 2026
Kazakhstan Central Bank Cut Base Rate To 17 Percent As Monetary Shift
Central Banks

Kazakhstan Central Bank Cut Base Rate To 17 Percent As Monetary Shift

Kazakhstan's central bank cut its base rate to 17 percent, a move that reduced official borrowing costs and signalled a shift in monetary policy to support lending and economic activity.

6 June 2026
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