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The National Bank of Belarus has lowered the refinancing rate from 10.5% to 10% per annum from June 27, the bank's information and public relations department reported. The rates for constantly available and bilateral liquidity support operations have been reduced from 11.75% to 11.5% per annum. The decline in rates is due to a slowdown in country's inflation. The National Bank of Belarus lowered the inflation forecast for 2018 to 5.5% from the expected 6%. In the message of the regulator it is said that “in the second half of 2018 there is expected a certain increase in inflation, taking into account the weaker disinflationary influence of the domestic economy, as well as a possible increase in regulated prices.”
The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it released in June. Britain’s economy ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
Australia had seen its employment rate dropping 1.1% between mid-June and mid-July, weekly data showed on Tuesday. In addition to this, the southeastern state of Victoria recorded the sharpest plunge in employment as the state suffers from ...
The Securities and Exchange Commission (SEC) announced on Monday that UBS Financial Services Inc. (UBSG) would pay more than $10 Million to resolve charges regarding certain municipal bond offerings. UBS has agreed to pay the fine after SEC ...
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