Central Bank

President Lee Jae-myung announces nomination of BIS official Shin Hyun-song as new Bank of Korea governor at a formal press conference.

President Lee nominates BIS official Shin Hyun-song as BOK governor

March 23, 2026 Reported by AI Image generated by AI

President Lee Jae Myung nominated Shin Hyun-song, an official at the Bank for International Settlements (BIS), as the new governor of the Bank of Korea (BOK) on Sunday. Shin will replace current Gov. Rhee Chang-yong at the end of his four-year term in April. The choice aims to balance price stability and economic growth amid global uncertainty from the Middle East crisis.

Central Bank cuts reserves by 5 points to boost credit

Argentina's Central Bank (BCRA) decided to cut bank reserve requirements by five percentage points starting in April, freeing up liquidity for banks to issue more loans amid recession. Led by Santiago Bausili, the move aims to revive economic activity without derailing inflation control. Analysts note the shift to a more expansionary policy after months of monetary contraction.

BCRA Buys US$146 Million, Extending FX Purchase Streak Past 50 Days Toward 40% Annual Target

March 25, 2026 Reported by AI

Argentina's Central Bank (BCRA) purchased US$146 million in the foreign exchange market, continuing an ongoing streak of more than 50 consecutive days of net buying and approaching 40% of its annual reserve accumulation target. Gross reserves closed at US$43.800 million.

Africa

CBE explains January 2026 inflation slowdown as non-food pressures ease

Asia

Rupiah weakens amid Fed interest rate uncertainties

America

BCRA bought US$42 million and accumulated 30 consecutive days of acquisitions

Strong expectations for 1-2% cut in Egypt's interest rates

Egypt's Central Bank Monetary Policy Committee is expected to cut interest rates by 1-2% at its first 2026 meeting on Thursday. This comes amid core inflation easing to 11.2% in January. Experts support the move to boost economic growth while maintaining stability.

Official and blue dollar rates retreat in Argentina this February

February 10, 2026 Reported by AI

The dollar exchange rate has fallen by $55 since the start of the year, despite the Central Bank's purchases adding over US$1,600 million to its reserves. Financial quotations are also losing ground in this context.

Banco Master investigations advance with depositions and blockages

The Supreme Federal Court released depositions in the Banco Master inquiry, revealing serious irregularities such as only R$ 4 million in cash despite R$ 80 billion in assets. Meanwhile, INSS blocked R$ 2 billion in payments due to unproven loan contracts, and the Credit Guarantee Fund continues reimbursements to investors.

Dollar exchange rates in Argentina on January 30

January 30, 2026 Reported by AI

On Friday, January 30, dollar exchange rates in Argentina highlighted available options without currency restrictions, including official, blue, MEP, and other variants. The official dollar is obtainable in banks without limits, though a 30% surcharge remains for card spending abroad.

March 22, 2026 00:37