Gulf Times - central-bank
India's GDP growth hits 6-year low, more stimulus expected

India's GDP growth hits 6-year low, more stimulus expected

India's economy grew at its weakest pace since 2013 between April and June as consumer demand and government spending slowed amid global trade frictions

QCB foreign exchange reserves scale up to $49.4bn in January: QNB

QCB foreign exchange reserves scale up to $49.4bn in January: QNB

The Qatar Central Bank’s (QCB) foreign exchange reserves scaled up to $49.4bn in January from $49.3bn in December last year, a new report by QNB has shown.

QCB chief outlines Qatar's experience in endowments

QCB chief outlines Qatar's experience in endowments

HE the Governor of Qatar Central Bank (QCB) Sheikh Abdullah bin Saoud al-Thani highlighted Qatar's experience in the field of endowments as well as its economic and social contribution ...

India central bank governor may resign, reports say; rupee down

India central bank governor may resign, reports say; rupee down

Reserve Bank of India Governor Urjit Patel may consider resigning from his post given a breakdown in relations with the government, TV channels reported on Wednesday, sparking a sell-off in the rupee and bonds.

Open rift between Indian central bank, govt as official warns of catastrophe

Open rift between Indian central bank, govt as official warns of catastrophe

In a sign of a mounting policy struggle between India's central bank and the government of Prime Minister Narendra Modi, a top bank official warned on Friday that undermining a central bank's independence ...

Turkish lira tumbles another 5% as deputy bank chief quits

Turkish lira tumbles another 5% as deputy bank chief quits

The lira has lost nearly 45% of its value since the start of the year against the dollar as investors took fright over a bitter row with the United States.

Erdogan asks Turks to help prop up plunging lira

Erdogan asks Turks to help prop up plunging lira

The lira has lost 16% of its value against the greenback in a month as markets became jittery after Erdogan indicated he wanted a greater say in monetary policy.

Malaysian central bank says it foiled hacking attempt

Malaysian central bank says it foiled hacking attempt

Bank Negara Malaysia said no funds were lost in the incident, which it identified on Tuesday and involved falsified wire-transfer requests over the SWIFT bank messaging network.

Qatar banking sector needs no further sovereign support: IMF

Qatar banking sector needs no further sovereign support: IMF

Qatar’s banking system needs no further support from the central bank and sovereign wealth fund as the decline in non-resident liabilities of lenders have subsided, according to the International Monetary Fund (IMF).

Former Nepal central bank chief named as finance minister

Former Nepal central bank chief named as finance minister

Yubaraj Khatiwada, who had served as governor of the central bank, Nepal Rastra Bank, is a monetary policy expert and an alumnus of the Delhi School of Economics in neighbouring India.

Hackers stole $6mn from Russian bank last year

Hackers stole $6mn from Russian bank last year

The disclosure, buried at the bottom of a central bank report on digital thefts in the Russian banking sector, is the latest in a string of attempted and successful cyber heists using fraudulent wire-transfer requests.

Sri Lankan police arrest two over alleged bond scam

Sri Lankan police arrest two over alleged bond scam

Sri Lankan police said on Sunday they had arrested two officials from primary dealer Perpetual Treasuries Ltd, which was named in a report as being involved in an alleged government bond scam in 2015.