Central Bank Watch
Central Bank of Nigeria
January 24, 2023
In Nigeria where consumer price inflation of 21.3% last month was not far below November’s 17-year high of 21.5%, officials at the central bank raised their policy interest rate by another full percentage point to 17.5% at their first scheduled review of 2023. The rate had been at 11.5% from July 2020 until a 150-basis […] More
New Overnight Developments Abroad - Daily Update
Directionless Tuesday Evokes a Hazy Shade of Winter
January 24, 2023
Many markets in Asia including China, Taiwan, Hong Kong, Malaysia, South Korea, Vietnam and Singapore remained closed for the Lunar New Year holiday. Equities closed down 0.4% in the Philippines, 0.2% in Indonesia, and unchanged in India but up by 0.4% in Australia and 1.5% in Japan. Stock markets in Europe are currently unchanged in […] More
