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Careful explanation needed on monetary policy: Kishida

  Bloomberg Japanese Prime Minister Fumio Kishida said careful explanation and communication with markets would be part of consideration on monetary policy, when asked about possible future changes in the Bank of Japan’s ultra-loose policy. His comments in a live interview with public broadcaster NHK came after central bank governor Haruhiko Kuroda last month shocked markets by saying he would ...

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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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