central banks
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Africa
COMESA central banks get expertise in Big Data Analytics and AI
CAIRO, September 19, 2023 – The COMESA Monetary Institute [CMI] has launched a programme to build the capacity of the central banks in the region on the utilisation of Big Data Analytics…
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Opinions & Commentary
Central banks can fight inflation without massive handouts to banks
LONDON, September 6, 2023 – To fight inflation, central banks have to increase interest rates. Their operating procedure consists of raising the rate of remuneration on commercial banks’ reserves held at the central…
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International
Global gold demand up 28 percent year-on-year in Q3
LONDON-The World Gold Council’s latest Gold Demand Trends report reveals that gold demand [excluding over-the-counter trading-OTC] in the third quarter of 2022 hit 1,181 tonnes, up 28 percent year-on-year. Strong demand pushed…
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News
Reserves managers face up to tough investment environment
KAMPALA- Most central bank reserves managers are resigned to a period of higher inflation and lower returns, according to a report published today by the global think tank- Official Monetary and Financial…
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