Bloomberg Zimbabwe’s central bank is exploring the use of a digital currency rather than allowing cryptocurrencies as legal tender, according to the nation’s central bank Governor John Mangudya. “As a central bank we don’t believe in cryptocurrencies,” said Mangudya in an interview with publisher Trevor Ncube broadcast. “We believe in central bank digital currency which is basically trying to say ...

Bloomberg Australia’s central bank is likely to highlight the interval between building economic momentum and faster price gains as well as renewed risks from a new coronavirus variant in its final meeting of the year. All 27 economists surveyed see the Reserve Bank holding its cash rate at a record-low 0.1%. On the policy outlook, markets see rate liftoff in ...

Bloomberg The European Central Bank (ECB) said its supervision arm will focus its scrutiny in the coming three years on risks that lenders face from a potential spike in bad loans and their search for higher returns. Several early indicators point to a possible deterioration in credit quality, senior ECB officials said in a blog post. The rate at which ...