Friday , 26 December 2025

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Zimbabwe restricts old mutual shares’ trading

Bloomberg Zimbabwean Finance Minister Mthuli Ncube restricted trading in three companies’ stocks to try and halt a rout of the nation’s currency. The measure to limit trading of dual-listed shares Old Mutual Ltd, PPC Ltd and Seed Co will be in place for a year, Ncube said in a Government Gazette. The order doesn’t have any impact on the settlement …

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Central banks coordinate to boost global dollar liquidity

Bloomberg The Federal Reserve (Fed) and five counterparts united to ensure that dollars keep flowing around the world after the coronavirus emergency sparked a rush for greenbacks. In coordinated statements, the Fed, Bank of Japan (BOJ), European Central Bank (ECB), Swiss National Bank (SNB), Bank of Canada and Bank of England (BOE) said they would use their swap lines to …

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China injects $14.3bn into banking system

Bloomberg China’s central bank added to its growing list of measures aimed at countering the economic fallout from the spreading virus, injecting $14.3 billion into the financial system. The People’s Bank of China offered 100 billion yuan via the one-year medium-term lending facility, keeping the rate unchanged at 3.15%. There were no loans coming due Monday. The central bank refrained …

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