World News by Wild Rose

The Philippine peso breached the key psychological level of 63 per dollar for the first time, intensifying pressure on the central bank to defend the currency.

India’s central bank has mounted its strongest defense of the rupee in more than a decade, and said it’s not done yet.

Paraguay central bank board removal needs the president to act and the Senate to agree. Here is how the process works and what US investors should watch. The post Paraguay Central Bank Board: What Happens Next appeared first on The Rio Times.

Gustavo Leite, Paraguay's ambassador in Washington until July, now leads a ruling-party push to replace the central bank board. Here is who he is and why. The post Gustavo Leite: The Senator Targeting Paraguay’s Central Bank appeared first on The Rio Times.

President Kast lunched with Chile's central bank Board on Friday, after Finance Minister Quiroz said inflation is the bank's job. Rates stay at 4.50%. The post Chile’s Kast Visits Central Bank After 4.1% Inflation appeared first on The Rio Times.

Paraguay's central bank sent senators a 31-page secret report that papers say covers ueno bank. Senators meet bank chief Carlos Carvallo on 9 October. The post Paraguay Senate Gets 31-Page Report on Ueno Bank Loans appeared first on The Rio Times.

A light plane carrying Ecuador central bank valuables left the runway in Cuenca on Thursday. The bank says the cargo is intact and the crew is safe. The post Central Bank Cargo Plane Runs Off Cuenca Runway, 2 Safe appeared first on The Rio Times.

Tanzania inflation stayed at 4.3% in September, inside the 3% to 5% target, as fuel and transport costs climbed and the central bank held its rate. The post Tanzania Inflation Holds at 4.3% in September appeared first on The Rio Times.

Kenya’s central bank kept its benchmark rate at 8.75% on 7 October, the fourth hold in a row. Inflation edged up to 6.8%, near the top of the target range. The post Kenya Holds Interest Rate at 8.75% appeared first on The Rio Times.

The hike reflects a global shift towards tighter monetary policy as central banks battle inflation fuelled by Middle East conflict.

Uruguay's central bank says 72% of private deposits are still in foreign currency, and that dollar savers lost about 6% a year in local buying power. The post Uruguay Central Bank Says Dollar Savers Lost 6% a Year appeared first on The Rio Times.

Peru's central bank decides on Wednesday 7 October whether to hold its 4.25% rate, with Lima inflation at 4.55%, well above the 1% to 3% target. The post Peru Interest Rate Decision Comes on 7 October appeared first on The Rio Times.

Who controls Egypt's money in 2026: Sisi's economic team, the central bank, army-owned firms, Gulf funds, CIB, TMG and US oil producer APA. The post Who Runs Egypt’s Economy, the Key Players in 2026 appeared first on The Rio Times.

DR Congo's electricity regulator says it reviewed US$2.3 billion of power projects in its first 100 days, with 2.6 GW of potential capacity. The post DR Congo Regulator Reviews US$2.3 Billion of Power Projects in 100 Days appeared first on The Rio Times.

Two state energy giants, a central bank and a few families run Mexico's economy. Who owns what, what trades in New York, and why it matters to Americans. The post Who Runs Mexico’s Economy, the Key Players in 2026 appeared first on The Rio Times.

Indonesia’s new finance chief signaled he’ll stay in his lane and let the central bank and the Danantara sovereign wealth fund handle their own mandates, a bid to restore investor confidence in President Prabowo Subianto’s broad economic policy.

Just months ago, India’s central bank pulled out all the stops to draw in dollars to bolster its foreign-exchange reserves and defend the rupee. The stronger-than-expected deluge of cash is now adding to the case for a more hawkish monetary policy stance.

The Uruguay central bank opened an inquiry into the Monex exchange house on 29 September 2026, after a convicted drug-money launderer named its treasurer. The post Uruguay Central Bank Investigates Monex Exchange House Over Drug Money appeared first on The Rio Times.

The Bolivia central bank will absorb Bs 3 billion (about US$250 million) by October and freed bank dollar prices after diesel rose 83% on 19 September. The post Bolivia Central Bank Moves to Absorb US$250 Million After Diesel Price Rise appeared first on The Rio Times.

Colombia’s central bank is expected to hold interest rates Wednesday in a split decision, though analysts still see policymakers resuming hikes later as inflation pressures persist.

Argentina's central bank is preparing a market where lenders bid for shops' card receipts, a daily reports. Bankers say early cash costs about 50% a year. The post Card Payments in Argentina: Central Bank Said to Plan Lower Costs for Shops appeared first on The Rio Times.

Haiti inflation slowed to 17.0% in August, official data show. The central bank kept its main rates unchanged as food prices and gangs still weigh. The post Haiti Inflation Slows to 17% but Central Bank Keeps Rates on Hold appeared first on The Rio Times.

South Africa explained: 63.5 million people, three capitals, a coalition since 2024, and a central bank raising rates into a new 3 percent target. The post South Africa Explained 2026: The Country, the Coalition Government and What to Watch appeared first on The Rio Times.

Nigeria’s central bank sold short-dated debt at the lowest yields this year as investors rushed to lock in returns after the biggest interest-rate cut in almost two decades stoked expectations that future offerings will pay less.

Federal Reserve Bank of Chicago President Austan Goolsbee warns that the central bank cannot ignore repeated and persistent supply shocks and must respond in a way that may cause economic hardship. Goolsbee calls it “exactly the kind of painful trade-off between employment and inflation that stagflationary shocks always impose on the central bank.” He spoke Monday in London. (Source: Bloomberg)

South Korea’s central bank began testing a system for round-the-clock won payments, laying the groundwork for greater foreign access to local markets that is set to be implemented next year.

Howard Marks, co-chair of Oaktree Capital Management, said he prefers less communication from the Federal Reserve as Chair Kevin Warsh seeks to works to curtail some guidance that he’s said has hamstrung the central bank in recent years.

Nigeria fiscal-monetary coordination was formalised on 18 September 2026, as the finance ministry and central bank signed an MoU in Abuja. The post Nigeria Fiscal-Monetary Coordination MoU Signed in Abuja appeared first on The Rio Times.

New Pix rules from Brazil's central bank tighten fraud marking, allow an exemption from mandatory participation and open salary accounts to Pix Automático. The post Pix Rules in Brazil Tighten on Fraud From 18 September 2026 appeared first on The Rio Times.

Central banks around the world have hiked rates as high energy prices are pushing up inflation.