Central Bank of Brazil

Officials at the Central Bank of Brazil authorized a 150-basis point hike of their Selic interest rate to 10.75%. From a pandemic low of 2.0% prior to March 2021, there have been eight increases totaling 875 basis points. Brazilian CPI inflation accelerated from 4.6% in January 2021 to just over 10% currently and way above […]

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Central bank digital currencies could cut costs for cross-border payments, says BIS - Markets Insider

Central bank digital currencies could cut costs for cross-border payments, says BIS  Markets Insider

* This article was originally published here

January 2022 in Figures

High global inflation dominated the past month. Central bank interest rates were raised in January in several countries, including Poland, Peru, Romania, South Korea, Ukraine, Sri Lanka, Kazakhstan, Chile, Hungary and South Africa, and markets anticipated that top-tier monetary authorities like those covered in the table below will be following suit. The Bank of England […]

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Currency Converter | Conversion Calculator - Bankrate.com

Currency Converter | Conversion Calculator  Bankrate.com

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Pound Euro Exchange Rate News: GBP/EUR Rangebound as Eurozone’s Inflation Overshoots Forecast

GBP/EUR Muted as Eurozone Inflation Increases The Pound Euro (GBP/EUR) exchange rate is trading in a narrow range today, in response to Eurozone’s inflation rising higher than predicted. At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.1986, with minimal market movement from...

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Pound Euro Exchange Rate News: GBP/EUR Trades at 22-Month High amid UK Economic Optimism

GBP/EUR Mixed as Omicron Case Numbers Increase The Pound to Euro (GBP/EUR) exchange rate is muted in the beginning of today’s session, buoyed by new optimism from GBP investors despite increasing case numbers of Omicron. At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.1924, with...

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NFT marketplace spam prompts FTX to charge $500 for submissions - Markets Insider

NFT marketplace spam prompts FTX to charge $500 for submissions  Markets Insider

* This article was originally published here