Tags: Central bank

Brazil Real surges on USD60 billion plan

The central bank of Brazil had created an intervention plan of USD60 billion in loans and foreign currency swaps as inflation threatened the country's economy following the plunged of the real to a four year low this week.


Mongolia's State Bank to take over 503 Savings Bank branches

State Bank is set to take over the fifth-largest lender in Mongolia. Savings Bank, Mongolia's former fifth-largest lending entity, will be taken over by its state-owned competitor, State Bank after being declared insolvent.

China's central bank announces interest rate reform

China's central bank announced interest rate reform. The central bank of China, the People's Bank of China (PBOC), announced that the floor on commercial banks' lending rates was removed.

Pope plans Vatican Bank restructuring

Pope Francis announced his intent to restructure the Catholic Church, including the Vatican Bank. The head of the Catholic Church spoke about reforming the entire structure of the religion, starting from the Vatican Bank itself.


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Bostjan Jazbec is the new central bank governor of Slovenia. Bostjan Jazbec, the International Monetary Fund expert has been appointed as the central bank governor of Slovenia.
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