Gold prices experienced a notable decline on Monday trading, following the announcement of a tariff reduction between China and the United States
Ukraine is considering a strategic move to shift its national currency peg the U.S. dollar to the euro, in response to significant geopolitical changes and its ongoing integration with the European Union. The announcement was made by National Bank of Ukraine Governor Andriy Pyshny in an interview with Reuters on Tuesday.
The Bank of England decided in its meeting on Thursday to cut the interest rate by 25 basis points to 4.25%, in line with expectations.
Amid mounting economic uncertainties in the United States, the latest meeting of the Federal Open Market Committee FOMC revealed a cautious stance by the Federal Reserve. With inflationary pressures persisting and signs of economic slowdown emerging, policymakers are walking a tightrope, weighing the risks of acting too soon against the dangers of inaction.
The Peoples Bank of China PBOC announced on Monday that it would maintain its benchmark market-linked interest rates unchanged for the sixth straight month, in line with broad analyst expectations.
The Central Bank of Turkey raised its benchmark interest rate by 350 basis points on Thursday, April 17, in line with market expectations.
The Bank of Korea decided on Thursday to keep its key interest rate unchanged at 2.75%
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