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Sri Lanka forces commercial lenders to money markets

  Bloomberg In a bid to force commercial lenders to participate in the domestic money markets, Sri Lanka’s central bank capped their ability to tap an emergency liquidity window to a maximum five times per month. “The Central Bank of Sri Lanka has decided to impose restrictions on the availability of the Standing Facilities to Licensed Commercial Banks under the ...

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Tanzania names Treasury official central bank boss

  Bloomberg Tanzania’s President Samia Suluhu Hassan appointed Emmanuel Tutuba the nation’s central bank governor, as she moves to tackle the rising cost of living. Tutuba, who has been working as permanent secretary in the Finance Ministry, replaces Florens Luoga after his term expired, according to a statement from the president’s office. The appointment takes immediate effect. Price-growth in the ...

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Czech central-bank head urges less spending to avoid rate hikes

  Bloomberg Czech central-bank Governor Ales Michl is intensifying his appeal on people and the government to help tame inflation by spending less so that policymakers can refrain from raising interest rates further. Inflation will slow considerably from spring and move towards the 2% target next year, with the central bank’s baseline scenario foreseeing stable borrowing costs and a strong ...

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