TRENDING NOW

DR Congo Ebola cases top 10,000 in…

UAE President receives flydubai crew from September…

Carney hosts Abu Dhabi Crown Prince at…

Formerra Adjusts Transportation Surcharge Amid Continued Freight…

Iran war threatens Africa food security, trade…

Modi meets BRICS MPs at 12th Parliamentary…

Microsoft offers voluntary buyouts to about 60,000…

Chervon Names Maggie Jones Director of National…

South Korea surplus tops Germany and Japan…

Zambezi Region records 33,944 malaria cases since…

The Spectator

Tag : borrowing costs

Business

Gold prices decline on Federal Reserve rate decision as spot drops

thespectator.co.in
Gold prices continued their downward trend across global commodity exchanges as investors digested the decision by the U.S. Federal Reserve to raise benchmark interest rates by a quarter of a percentage point. Spot bullion fell...
Business

IMF reduces annual borrowing costs for members by 36 percent

thespectator.co.in
MENA Newswire News Desk: The International Monetary Fund (IMF) has announced a significant reduction in borrowing costs for its member countries, cutting these costs by 36%, or approximately $1.2 billion annually. The change comes as...
Business

Swiss National Bank cuts interest rates by 25 basis points again

thespectator.co.in
MENA Newswire News Desk: The Swiss National Bank (SNB) announced a 25 basis point cut to its policy rate on Thursday, bringing it down to 1.00%, marking the central bank's third reduction in 2024. The...