
German Banks Offer Up to 3.5% on Overnight Deposits
German banks are now offering up to 3.5% interest on overnight deposits, as capital market rates rise in anticipation of a potential interest rate hike by the European Central Bank in September.
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German banks are now offering up to 3.5% interest on overnight deposits, as capital market rates rise in anticipation of a potential interest rate hike by the European Central Bank in September.

A European Central Bank blog post warns of a likely market correction in tech stocks driven by AI exuberance, potentially leading to far-reaching economic consequences due to limited policy buffers.
Indian financial institutions have set a new record by selling $8 billion in dollar bonds this year, leveraging a central bank facility that reduces hedging costs on overseas borrowings.

A European Central Bank working paper indicates that workers' earnings uncertainty is primarily driven by job changes rather than persistent individual productivity shocks. The study offers new insights into income risks during employment transitions.
A morning market commentary explores whether consumer behavior could influence the Federal Reserve to maintain its current policy stance. It also discusses the possibility of Japan's central bank implementing a rate hike.
The Central Bank of Nigeria substantially boosted its foreign exchange interventions to $953 million in March 2026, responding to increased market demand and supporting liquidity.
The Central Bank of Uzbekistan has made an announcement regarding its key interest rate, a crucial decision for the country's monetary policy.

Central banks, including the Federal Reserve, ECB, and Bank of England, are grappling with how to tackle rising inflation amidst slowing economic growth and the Iran war. Inflation rates have been falling across the industrialized world, but new challenges emerge.
The Central Bank of Montenegro (CBCG) reported that the value of realized payment transactions over 31 working days in July amounted to 2.6 billion euros, with the majority processed through the RTGS system.

The Federation of Icelandic Industries is urging the Central Bank's Monetary Policy Committee to maintain current interest rates, arguing that the economy is already under significant pressure.

The Federation of Icelandic Industries (SI) believes the Monetary Policy Committee of the Central Bank of Iceland should keep policy rates unchanged when the next interest rate decision is announced on August 19, as the economy cools rapidly and defaults rise.

The US economy is facing significant pressure due to persistent high inflation, problems in the labor market, and increasingly higher yields for long-term US Treasury bonds, impacting both the economy and central bankers.
The Federation of Icelandic Industries advocates for the Central Bank of Iceland to maintain unchanged policy rates, with its CEO stating that controlling economic affairs is the government's biggest task this winter, following two rate hikes this year.

The total assets of investment funds operating in Cyprus increased by 2.5 percent to €8.37 billion in June, with the number of funds rising to 353, according to the Central Bank of Cyprus.
Slovakia's central bank has issued a warning that the country's industrial sector, a key pillar of its economy, is losing competitiveness due to stagnating productivity and labor costs rising at more than double the European Union average.

Malaysia's headline inflation rose to 1.9 percent in the second quarter of 2026, with the central bank maintaining a steady inflation outlook of 1.5–2.5 percent, stressing that external pressures remain manageable.
Speculative investors are increasingly betting that the Reserve Bank of Australia will raise interest rates again in November as inflation continues to remain above the central bank’s target.
Nigerian banks collectively increased their marketing expenditure by 5.35% to N76.5 billion in the first quarter of 2026, despite tighter regulations imposed by the Central Bank of Nigeria.

The European Central Bank (ECB) has issued a warning about the trend of discouraging cash payments, stating that the non-acceptance of cash is not a positive development. The ECB emphasizes the importance of maintaining access to physical currency.
The Governor of Norges Bank stated that the record-weak housing figures were lower than expected, indicating that continued weak housing price development could hinder the central bank's plans for an interest rate hike.
Federal Reserve official Robert Kaplan commented on the central bank's monetary policy, stating that the Fed was correct not to raise interest rates in July and discussing the upcoming Jackson Hole symposium.

The Deputy Governor of the Hungarian National Bank suggests that the current medium-term inflation target is too high, a potential change that could lead to multifaceted transformations in the Hungarian national economy.

Cyprus banks maintained a non-performing loan ratio of 1.6 percent at the end of May 2026, according to the Central Bank of Cyprus. This performance indicates that the sector's asset quality is significantly better than the EU-wide average recorded two months prior.

Iran is expected to join the BRICS development bank in the near future, according to a statement from the country's central bank governor.

•Lifts suspension on Tenored Repo •Retains control over scale, timing of OMO By Babajide Komolafe The Central Bank of Nigeria, CBN, yesterday reversed its seven years restriction on participation of…

The Bank of Ghana (BoG) is stepping up efforts to remove unlicensed digital lenders from the financial sector, planning to publish weekly lists of operators providing digital credit services without central bank approval.

An editorial from Premium Times raises critical questions regarding the Central Bank of Nigeria's (CBN) purported expenditure efficiency and challenges its transparency and good governance practices.
Russia's gross domestic product (GDP) grew by 1.3% in the second quarter of 2026 compared to the same period last year, surpassing forecasts from the Central Bank and government.

The Central Bank of Nigeria (CBN) has removed restrictions on foreign exchange and government securities access to its discount window, effective immediately, directing banks to comply.
The price of gold has increased by ten percent since its June low, driven by record purchases from central banks and the return of institutional investors, prompting questions about a potential bull market.

Central bank data for Cyprus revealed that sixteen bounced cheques, totaling €40,799, were recorded last month, marking a nearly 50% decrease compared to the same period last year.

An official from the Central Bank of Cyprus has published an analysis highlighting potential risks associated with new international audit requirements, linking stronger internal audit to public trust.
The Central Bank of Nigeria (CBN) is deepening its fintech regulation by opening a second sandbox cohort, creating fresh opportunities for digital finance innovation.
Ásgeir Jónsson, Governor of the Central Bank of Iceland and author, recounts the story of German-American inventor and millionaire Georg Schrader, who resided in Akureyri, Iceland, and whose fate ended with a gunshot and disappearance into the sea.

The European Central Bank (ECB) and its President Christine Lagarde are frequently targets of misinformation, especially concerning changes related to cash. This article clarifies what Lagarde actually said about cash in the European Union.

On Tuesday, August 11, 2026, the Nigerian Naira traded at approximately ₦1,368 to the US dollar in the official Nigerian Foreign Exchange Market, with the Central Bank of Nigeria's reference rate fluctuating within the ₦1,360–₦1,370 range.
Banxico Governor Victoria Rodríguez Ceja stated that Mexico's inflation fight is not over, despite a slight decrease in the annual headline inflation rate in July. The rate was 3.12%, close to the central bank's target.
Russia’s central bank has recommended that lenders support small and medium-sized businesses affected by what it called “terrorist attacks,” referring to Ukrainian drone strikes on warehouses and logistics centers.

Naji Issa, the governor of Libya's central bank, has reportedly tendered his resignation to the country's rival legislative chambers, according to a Reuters report.
Yannis Stournaras, the Governor of the Bank of Greece, has stated that foreign investment in Greek banks is desirable.
Gold prices are rallying again, driven by significant investments from deep-pocketed buyers, including central banks and ETFs, pouring money into bullion.
A summary of opinions from the Bank of Japan suggests the central bank is poised for further monetary tightening, with one rate-setter noting that more rate rises than market expectations could be delivered.

The Central Bank of Nigeria (CBN) reported that credit for house purchases by households increased to 9.6 index points in Q2 2026, indicating a rise in Nigerians borrowing to buy homes.
Philippine Central Bank Governor Eli Remolona stated that further monetary policy tightening remains an option to guide inflation back to target, despite less pressure to do so following a surprising economic slowdown last quarter.

Brazil's central bank announced new anti-fraud rules requiring some cryptocurrency transfers to be delayed by up to 24 hours.
Hungary's central bank has reiterated its support for the government's efforts to meet the conditions for joining the euro area, stating that such a move would benefit the national economy.
The Czech central bank will gain new powers, allowing it to dictate the conditions for mortgage lending. This move aims to influence the housing market and financial stability.
Brazil's Central Bank has introduced a new law that could potentially end instant crypto transfers in the country, signaling a significant regulatory shift for the cryptocurrency market.

The Central Bank of Ireland is providing managers with lists of staff who are not complying with hybrid working rules, treating non-compliance as a performance issue and using swipe data to track attendance.

Experts explain that rising inflation, coupled with central banks' reluctance to raise interest rates, is making high-yield bonds particularly attractive for investors.

The Italian Ambassador to Kenya and the Seychelles, Vincenzo Del Monaco, held a meeting with the Governor of the Central Bank of Kenya, Kamau Thugge. The discussion involved an important exchange of information between the two officials.
India's foreign exchange reserves are projected to swell to a near-record high within weeks, driven by stronger capital inflows following recent central bank measures.
China's central bank is reportedly stockpiling more gold in Hong Kong, a move aimed at supporting the city's ambition to become a major bullion-trading hub.
Federal Reserve official Alberto Musalem has stated that the central bank should have hiked interest rates at its last meeting. His comments indicate a hawkish stance on monetary policy amidst current economic conditions.

Argentina's Central Bank has renewed its US$19 billion currency swap agreement with China, despite pressure from Washington.
Fed Chair Kevin Warsh stated the central bank has 'no tolerance' for inflation, leading to an 840-point drop in the Dow Jones Industrial Average.
The Colombian peso continues to be the top-performing currency in emerging markets, shrugging off the central bank's attempts to slow its carry-fueled rally.

A survey by the Central Bank of Nigeria (CBN) revealed that high or multiple taxation, insecurity, and high interest rates were the primary constraints faced by Nigerian businesses in July.

The Monetary Council of the Hungarian Central Bank (MNB) unanimously voted to lower the key interest rate on July 21 and stated that further base rate cuts remain possible.

The European Central Bank (ECB) has indicated in its Economic Bulletin that the Eurozone's growth prospects are subject to downside risks, while inflation risks are tilted to the upside, leading to an uncertain outlook.
An analysis of central bank research papers suggests that their research tends to be reactive rather than proactive, though AI readers indicate a rising quality.

South Korea's current account surplus reached an all-time high in June, totaling $49.73 billion, primarily fueled by robust exports of semiconductors, according to central bank data.
Ghana’s central bank incurred losses of 22 billion cedis ($1.9 billion) in 2025 under a domestic gold purchase program aimed at boosting the country’s foreign-exchange reserves.

The Central Bank of Bosnia and Herzegovina is scheduled to officially submit its application for membership in the Single Euro Payments Area (SEPA) to the European Payments Council and the European Commission, a move expected to lead to cheaper and faster payments.

The UK's service sector growth rebounded to a three-month high, while China's service sector growth cooled to a 22-month low despite the central bank's liquidity efforts.
The Reserve Bank of India maintained its benchmark interest rate for the fourth consecutive review, monitoring whether rising energy costs from the Iran conflict will fuel broader inflation.

Nigeria's foreign reserves have reached a 17-year high, surpassing $52.5 billion, according to the Central Bank of Nigeria (CBN). This figure also exceeds the country's annual target for foreign reserves.
Economists from the European Central Bank (ECB) are assessing the risks of an artificial intelligence bubble, warning that European individuals have €440 billion exposed. They also note the limited capacity of governments to mitigate the effects of a market collapse.
A blog post from the European Central Bank (ECB) has predicted that a market correction for artificial intelligence stocks is on the horizon.

New European Central Bank figures reveal that Cypriot businesses have the lowest rate of cash acceptance in the eurozone, with only 76% of businesses accepting cash for goods and services.
Shorter-tenor Indian bond yields surged after the central bank announced it would close a special dollar deposit window for overseas residents a month earlier than initially scheduled.
Traders report that the Indian central bank has likely intervened in the market to defend the rupee amidst currency fluctuations.
Investors bid N4.93 trillion for the Central Bank of Nigeria’s (CBN) Open Market Operations (OMO) bills, demonstrating strong demand for high-yield short-term instruments driven by an attractive OMO yield premium.
Knut Wicksell, a Swedish national economist known for his imprisonment for blasphemy and refusal to marry to avoid guardianship, is once again relevant in the USA as his theory guides global central bank monetary policy.
As central banks worldwide continue to raise interest rates, the global bond market faces significant challenges, with tightening expectations building beyond the Federal Reserve's actions.

A European Central Bank study suggests that the recent rise in euro area inflation is mainly due to energy supply shocks, rather than strong consumer demand.

The European Central Bank is cautioned to prevent inflation from escalating further, as the current wave of price increases is not yet over.
A 3.3 billion renovation of Sweden's central bank, including a steam bath and marble wardrobe, has sparked public reactions, though the Riksbank defends the renovation of the protected building.

Thailand's central bank is enhancing its supervision of lending and payment services offered by non-bank entities to ensure fair consumer treatment and prevent irregular transactions.

Markets are reportedly experiencing fatigue regarding geopolitical shocks, while central banks face challenges in their policy responses.

A new indicator suggests that the European Central Bank (ECB) may face increasing political pressure due to rising government debt in Europe, with Commerzbank analyzing the situation using AI.

The Czech National Bank has imposed a fine of 30 million Czech korunas on ČSOB for shortcomings in its control processes related to anti-money laundering prevention and client verification, according to information from the central bank's website.
India's ICICI Bank Ltd. has launched a syndicated offshore loan of approximately $1.45 billion, joining a growing number of local banks tapping overseas debt. This move aims to capitalize on a central bank facility that lowers borrowing costs and swells demand for dollar loans.
China's central bank, the PBOC, injected liquidity through overnight reverse repos on Friday, marking its first such operation in the middle of a month.

Large-scale miners in Ghana have committed 30% of their gold output to the Bank of Ghana and GoldBod under the Gold for Oil Program (GANRAP). This agreement aims to support gold-based reserve accumulation and position Ghana as West Africa's gold refining hub.

The Turkish Central Bank has increased its inflation forecast for 2026 and reiterated its commitment to a tight monetary policy. This adjustment also includes raising the year-end inflation forecast to 28%.

In Belgium, only 81% of SMEs accept cash as a payment method, a significant drop from two years ago and one of the lowest rates in Europe, second only to Cyprus, according to a European Central Bank study.

Eesti Pank, Estonia's central bank, will issue a special-design €2 coin in 2027 to honor the island of Hiiumaa, featuring its iconic Kõpu Lighthouse.

Íslandsbanki anticipates that the Central Bank of Iceland will raise its key interest rate by 0.25 percentage points on August 19, which would bring the seven-day term-deposit rate to 8%.

Mugur Isărescu, Governor of the National Bank of Romania, stated that Romania currently meets none of the criteria for adopting the euro. The central bank has also revised its inflation forecast upwards for the end of the year, with hopes of reaching the target in Q4 2027.

The central bank's decision to keep the key interest rate unchanged has prompted discussions about its potential implications for the housing market, likely in Norway.
The Central Bank of Nigeria (CBN) has reversed its seven-year restriction on local investors participating in Open Market Operations (OMO), now allowing all eligible investors, including individuals, corporates, and non-bank financial institutions, to purchase and trade securities.
Monetary policy is currently grappling with its 'most difficult dilemma' as central banks navigate the complexities of supply shocks impacting global economies.
Indonesian President Prabowo Subianto has nominated three senior Bank Indonesia officials for top leadership positions, signaling policy continuity after his selection of Destry Damayanti as the sole candidate for governor.

The Central Bank of Nigeria (CBN) has lifted its 2019 restriction on Open Market Operations (OMO), allowing local investors to participate in the market once again.

The European Central Bank has revealed 10 shortlisted designs for the first full redesign of the euro since 2002, with themes including European Culture, Rivers, and Birds.
Analysts at Íslandsbanki predict that the Monetary Policy Committee of the Central Bank of Iceland will raise key interest rates by 0.25 percentage points next Wednesday, bringing them to 8%.

The Central Bank of Nigeria (CBN) has opened applications for the second cohort of its Regulatory Sandbox Programme, introducing dedicated tracks specifically for virtual assets and data-enabled financial services.
Susan Collins, head of the Boston central bank branch, stated that poorer Americans are struggling to make ends meet and indicated she would support a September interest rate hike if inflation remains high.

The National Bank of Serbia (NBS) announced that the country's gross foreign exchange reserves amounted to 30,501.9 million euro at the end of the month, marking a significant rise in the nation's financial holdings.

Russia's Central Bank has proposed a framework to allow public trading of major cryptocurrencies like Bitcoin, Ether, and Tether on official Russian exchanges, aiming to establish a regulated infrastructure next month.

Romania's central bank has decided to keep its monetary policy rate at 6.5%, while issuing a warning about persistent inflationary risks in the economy.
The Ukrainian central bank has implemented its most significant currency liberalization measures since the 2022 invasion, aiming to stabilize the national economy.

Lebanon has reportedly filed a new lawsuit against its former central bank chief, Riad Salameh, who is also said to be indicted over alleged financial crimes.
Brazil's central bank is considering expanding its Pix payment system, a move that comes as the country faces increased trade scrutiny from the United States. The expansion aims to further develop the digital payment infrastructure.

A Lebanese judge has charged former Central Bank Governor Riad Salameh and a former commercial banking executive with financial crimes. The charges include alleged embezzlement and illicit enrichment.

The Central Bank of Montenegro (CBCG) reported a slight increase in blocked companies, with the top ten debtors accounting for 40.26% of the total blocked amount, totaling 697.56 million euros.

A record 45% of central banks worldwide plan to increase their gold reserves, as governments brace for persistent inflation and heightened geopolitical uncertainty.
An analysis suggests that the Bank of Japan's (BOJ) efforts to raise interest rates are encountering difficulties due to bond market issues linked to Takaichi, complicating the central bank's monetary policy decisions.

Economic activity in Nigeria expanded for the second straight month in July 2026, with the Central Bank of Nigeria's (CBN) Purchasing Managers’ Index (PMI) rising to 51.1 points, despite continued contraction in the industrial sector.
Attention is on the Bank of Japan's upcoming policy decisions, particularly in light of a recent weak jobs report. This situation puts pressure on the central bank to consider its next steps for monetary policy.
The Central Bank of Nigeria (CBN) and Dangote Group are among the top nominees for the 2026 Almond Insurance Industry Awards, with the full shortlist and voting details now available.

The deputy governor of the Hungarian central bank stated that introducing the Euro in Hungary would bring many advantages, also suggesting the central bank should review its inflation target in connection with the introduction.

Murthy Nagarajan, an expert, stated that the Reserve Bank of India's (RBI) focus on core inflation is causing confusion in the markets. This suggests a divergence in market expectations or understanding of the central bank's monetary policy direction.

An article discusses the optimal level and content of communication from central banks, emphasizing the balance between providing information and avoiding over-disclosure.

Abelardo de la Espriella has been sworn in as the new president of Colombia, pledging to defeat narco-terrorists and restore order. The United States has offered $1 billion in aid to the new administration.
Recent economic data indicates a fall in payrolls, suggesting that central banks may be less inclined to implement further interest rate increases.
China's central bank added 20 tons of gold to its reserves last month, extending a buying streak towards the two-year mark as gold prices maintained support above $4,000 an ounce.

Despite elevated rates in July, firms in Nigeria are expecting the cost of borrowing for bank loans to decrease in the coming three months, according to the Central Bank of Nigeria's latest Business Expectation Survey Report.

The European Central Bank, led by Christine Lagarde, was reportedly blindsided by Washington's historic intervention involving a US euro sale aimed at propping up the Japanese yen, with communication occurring only after the action.

The Bank of Mexico and the Czech National Bank both decided to leave their benchmark interest rates unchanged, with the Czech Republic maintaining its rate at 3.75 percent.

Ghana's central bank's gold purchase program is being debated, with questions arising whether its success should be measured by financial profits or its contribution to economic stability.

The Central Bank of Nigeria (CBN) asserts that its strategic economic reforms implemented over the past 34 months have established a strong foundation for sustainable economic growth, financial stability, and inclusive development.

Russian President Vladimir Putin has reportedly begun pressuring Central Bank chief Elvira Nabiullina to cut the country's key interest rate. This move comes amidst economic challenges and a desire for lower borrowing costs.

Landsbankinn economists anticipate Iceland's Central Bank will raise interest rates on August 19 due to persistent high inflation, while labor leaders warn that further increases could jeopardize current wage agreements.

The European Central Bank has issued a warning that heatwaves, exacerbated by climate change, pose a risk of increasing food prices beyond current expectations, with energy costs disproportionately affecting lower incomes.

The Nigeria Deposit Insurance Corporation (NDIC) has commenced payment to depositors of 46 microfinance banks whose operating licenses were revoked by the Central Bank of Nigeria, including over 700,000 Heritage Bank depositors.
A study by the European Central Bank indicates that investment related to AI performs better than consumer spending during economic downturns, highlighting Ireland's significant ICT sector.
Federal Reserve official Neel Kashkari stated that the central bank should raise interest rates now to prevent an "entrenched inflation problem" from developing.
As Christine Lagarde's term as ECB President nears its end, potential successors are being discussed, with a Spaniard reportedly leading in a Bloomberg survey, despite Dutch support for their former central bank chief.

The European Central Bank (ECB) indicates that a shift in business investments towards artificial intelligence is helping to reduce the negative impact of geopolitical uncertainty and trade frictions on Eurozone economic growth.
India is not considering an early closure of its program designed to attract deposits from its diaspora, with the central bank anticipating robust inflows until the program concludes in late September.

RBI's Repo Rate Policy: Domestic economic activity has shown resilience amidst geopolitical uncertainty, said RBI Governor Sanjay Malhotra.
Nigeria's foreign reserves have reached nearly $53 billion, a 17-year high, as reforms by the Central Bank of Nigeria stabilize the forex market and boost investor confidence.

The American stock market achieved new record highs after inflation data reduced pressure on the central bank to raise interest rates soon, leading to global stock market gains.
Japan's 10-year government bond yield has reached a three-decade high, driven by growing bets on interest rate hikes and mounting inflation pressures. This surge reflects increasing market expectations for a shift in the Bank of Japan's monetary policy.
The Reserve Bank of India's significant intervention in the foreign exchange market is drawing comparisons to past periods when the rupee was more tightly controlled.
Central bank heads in both Sri Lanka and the Philippines have indicated that inflation is expected to gradually ease. While Sri Lanka's central bank anticipates inflation will slow towards its target, the Philippine central bank notes that upside risks still remain.

Central banks worldwide are increasing their gold reserves, but the Swiss National Bank (SNB) has maintained its holdings at 1040 tons for years. The article explores the reasons behind this divergence and questions if Switzerland's reserves are sufficient.
Analysts predict that the recent rally in the Thai baht could be short-lived, as the central bank is expected to maintain a dovish policy to support an economy impacted by high oil prices.
A forthcoming document from a major central bank is expected to provide insights into the depth of internal divisions within the institution.
Financial markets are closely watching the upcoming Federal Reserve minutes for potential insights into the central bank's future monetary policy and forward guidance.
An analysis suggests that central banks are caught in a continuous cycle of responding to and managing economic crises.

Fed Chair Kevin Warsh is actively reshaping the central bank, but his actions carry unintended consequences that could potentially derail Wall Street.

Retail fuel prices have significantly increased across the euro area in 2026, driven by the conflict in the Middle East, leading to higher energy inflation and analysis from the European Central Bank.

Ukrainian President Volodymyr Zelensky is reportedly growing increasingly unhappy with the performance of central bank governor Andriy Pyshny, potentially signaling a new conflict within the government.

Central bankers from Iran and South Africa reviewed opportunities to expand monetary and banking cooperation, with Iran's CBI governor emphasizing the need for BRICS nations to move from dialogue to practical action.
Christine Lagarde's upcoming trip to the World Economic Forum is expected to reignite discussions about a potential early exit from the European Central Bank's current monetary policy.

The central bank of Romania has increased its year-end inflation forecast to 6.1%, indicating expectations for higher price levels by the end of the year.

The Bank of Ghana has called on financial institutions to expand lending to small and medium-sized enterprises (SMEs), particularly in the agriculture sector, by developing flexible financing products.
An expert has urged Nigeria's Central Bank (CBN) to explore accessing a potential $20 billion shareholding fund from the Bank for International Settlements (BIS).

Ukrainian President Volodymyr Zelenskyy is reportedly growing increasingly dissatisfied with the country's Central Bank Governor, Andriy Pyshnyy, believing he maintains excessively close ties with the International Monetary Fund.

A former Ukrainian submarine commander who defected to Russia was killed in an explosion in Sevastopol, with unconfirmed reports identifying the victim as a Russian serviceman. This incident follows other Ukrainian military actions, including the destruction of a Russian command post and claims of damaging air defense systems in Crimea.

Iran's central bank chief announced that the country is set to join the BRICS New Development Bank, aiming to strengthen economic ties with the bloc.

The European Union and the European Central Bank are re-evaluating their financial infrastructure due to geopolitical tensions, aiming to reduce reliance on US payment companies by developing a digital euro.

The National Bank of Serbia (NBS) has decided to keep its key policy rate unchanged at 5.75%. This decision comes as the NBS anticipates inflation will be lower than previously expected.

The Dutch central bank (DNB) has stated that high spending by Dutch households on takeaway meals is significantly impacting national inflation.

The Central Bank of Cyprus has extended the deadline for companies to submit tenders for minting, packaging, and delivering Cyprus euro silver and gold collector coins until September 25, 2026.

Fitch reported that Stanbic, Absa, and FNB are well-positioned to weather spillovers from the US-Iran conflict, which contributed to South Africa's inflation rising to 5.0% and the central bank raising the repo rate.
Recent US inflation data has reduced pressure on central banks for aggressive rate hikes, providing a degree of stability to financial markets, though an ECB rate rise is still anticipated in September.

Libya is facing renewed turmoil following the assassination of eastern military intelligence chief Fawzi al-Mansouri in Benghazi, coupled with oil strikes and central bank instability.
The Central Bank of Nigeria has eased borrowing regulations for banks involved in foreign exchange and government securities, aiming to enhance liquidity management.
The European Central Bank (ECB) is reportedly leaning towards approving UniCredit's proposal to acquire Commerzbank, despite some initial concerns. This potential approval would mark a significant consolidation in the European banking sector.
Iran is set to become a member of the BRICS New Development Bank, as announced by the country's central bank governor. This move is expected to enhance Iran's economic cooperation and trade with the BRICS nations.

Central banks are struggling to maintain their independence from debt-addicted governments, suggesting that even fresh perspectives would not restore their autonomy in monetary policy.
Treasury bill yields in Nigeria are easing as investors increase their demand for short-term government securities, anticipating the Central Bank of Nigeria's upcoming N700 billion auction.
Russia's Central Bank has added Bitcoin, Ethereum, and Tether (USDT) to its list of cryptocurrencies approved for exchange trading, with specific limits for retail investors.
Sri Lanka's central bank governor has stated that there is no need for further interest rate hikes this year, signaling a potential stabilization in monetary policy.
Australia's central bank has issued a warning that a further interest rate hike is 'quite possible,' despite holding rates steady in its latest decision.
Andrew Boak, Chief Economist for Australia and New Zealand at Goldman Sachs, provides insights into Australia's economic outlook ahead of the central bank's policy decision.

The corporate empire associated with Ádám Matolcsy and his acquaintances, linked to the central bank scandal, has undergone several transformations in recent weeks, with Matolcsy now becoming CEO of one of its key companies.

The European Central Bank was reportedly surprised to learn that the US Treasury used euros instead of dollars in its intervention to support the Japanese yen in late July, marking a first since WWII.

The Russian Central Bank has called on lenders to provide support to businesses impacted by recent attacks on Wildberries warehouses, with Sberbank already receiving thousands of loan restructuring applications.

The European Central Bank is reportedly angered by US Treasury Secretary Bessent's decision to sell Euros in order to support the Japanese Yen, calling it an "unprecedented breach."

Indonesia's President has nominated the acting head to lead the central bank, aiming to provide stability and calm markets. The nomination awaits confirmation to formalize the leadership of Bank Indonesia.

The Russian central bank recently reported a decrease in its gold reserves, with holdings in early July being approximately 43.5 metric tons less than at the beginning of 2026, raising questions about the reasons behind the sales.

The Nigerian Naira opened the week relatively stable against the US dollar in both official and parallel markets, with traders monitoring liquidity conditions and Central Bank interventions.

The Bank of Japan's July summary suggests potential future rate hikes, citing upside inflation risks, after the central bank maintained its rate at 1.0%.
The Central Bank of Nigeria (CBN) has cancelled a N700bn T-bills auction, citing a severe liquidity squeeze after it had previously mopped up N4.69tn from the banking system.
Central banks in emerging Asia are adopting new methods to support their currencies without depleting foreign-exchange reserves. This shift comes amidst persistent Middle East tensions and the prospect of prolonged higher US interest rates.
Global investors are showing increased interest in Nigeria's digital infrastructure market, driven by rising demand for data management and the Central Bank of Nigeria's data localization policies.

An analysis suggests that the European Central Bank's policy of maintaining low interest rates, which saw the deposit facility rate reach zero, contributed to increased house price inequality.
New data released by the European Central Bank (ECB) reveals that EU banks have achieved nearly full balance sheet coverage, indicating improved financial stability.

The Central Bank of Cyprus has announced it is accepting applications for two senior vacant positions within its workforce.
Shares of Indian shadow lenders, led by Bajaj Finance Ltd., fell after the central bank proposed new rules to prohibit them from offering revolving credit facilities.

Following renewed debate on Romania's transition to the euro, two members of the National Bank of Romania's board discussed the issue, noting that while the technology for printing euro banknotes has been acquired, other challenges remain.
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to reduce lending rates to below 20% to stimulate growth in the manufacturing sector and improve access to credit.
Former central bank governor Øystein Olsen and Professor Eivind Thomassen have released a new book criticizing the works of Martin Bech Holte, stating his analysis is catastrophically wrong.
The Central Bank of Nigeria has reaffirmed its commitment to ensuring monetary and financial system stability, aiming for price stability and economic growth.

President Putin has signed a law establishing a Russian assistance program for Abkhazia until 2030. Concurrently, he made unusual comments to Elvira Nabiullina, the head of Russia's central bank.

The Central Bank of Nigeria (CBN) reported that banks increased their credit supply during the second quarter, coinciding with a decline in loan defaults, particularly for corporate and secured loans.

The Central Bank of Bosnia and Herzegovina has officially applied for membership in the Single Euro Payments Area (SEPA). Following a European review, the first transactions are anticipated to occur in at least six months.
Economists are discussing the optimal approach for central banks to communicate with the public, emphasizing the art of providing sufficient information without oversharing.

The International Monetary Fund (IMF) has urged the Bank of Ghana to cease its quasi-fiscal activities following reported losses of GH¢22 billion from its Domestic Gold Purchase Programme (DGPP). An MP from Sagnarigu stated that these losses were necessary for economic recovery.
Federal Reserve official Mary Daly stated that the central bank's decision to maintain steady interest rates at its July policy meeting was the correct course of action.

The International Monetary Fund has disclosed that the Bank of Ghana sold $12.9 billion on the foreign exchange market in the year to end-May 2026, about $1.1 billion a month, laying bare the scale…
The European Central Bank (EBC) explains that rising fuel prices at the pump are not solely due to crude oil costs, but also significantly influenced by increasing refining costs and margins.

A Central Bank of Cyprus report indicates that Cypriot banks continued to offer deposit rates significantly below the eurozone average in June 2026. The report also highlighted persistent differences in both savings and lending rates among individual lenders.

The withdrawal of the Central Bank of Nigeria's COVID-19 regulatory forbearance has caused Nigerian banks' Non-Performing Loans (NPLs) ratio to rise to 9.94% in Q1 2026, significantly surpassing the CBN's limit.
Major central banks, including the ECB and US Fed, made no changes to monetary policy in July, adopting a cautious approach due to concerns over energy shocks and inflation.