RIYADH / Reuters Saudi Arabia’s King Salman ordered a deposit of $2 billion to be paid into Yemen’s central bank on Wednesday to shore up the weak Yemeni currency, the Saudi government said. The move was made a day after the Yemeni prime minister issued a public plea for funds to prop up the rial and help stave off hunger ...

Bloomberg While the prospect of the European Central Bank’s withdrawal of monetary stimulus is bringing closer the end of an era of record-low borrowing costs in emerging Europe, it isn’t worrying countries both inside the euro area and those just on its eastern fringe. Governments from Slovakia to Croatia say their economies are in much better shape than when investors ...

Bloomberg The Swiss National Bank’s (SNB) somewhat more upbeat inflation view may not necessarily translate into early rate increases, according to a Bloomberg survey. In their first take since the SNB’s December policy meeting, when the central bank adjusted its forecasts, economists still see Switzerland’s deposit rate staying at a rock-bottom minus 0.75 percent until late 2019. A 25-basis point ...