Central Bank

The People's Bank of China left its benchmark lending rates unchanged for the 16th consecutive month, keeping the one-year LPR at 3% and the five-year mortgage benchmark at 3.5%.

Global central banks in the US, UK, and Japan signal a dramatic shift toward hawkish monetary policies amid rising energy prices and geopolitical tensions, impacting foreign exchange markets and domestic inflation forecasts.

Argentine President Javier Milei has launched a major institutional reform package to eliminate economic populism. The centerpiece is a "fiscal shackles" mechanism that freezes government spending and politicians' salaries if budget deficits persist.

Russia approves for the first time a legal framework for the trading and mining of digital currencies, but blocks the possibility of using them within the country and grants banks unprecedented enforcement powers.

Former Central Bank of Lebanon governor Riad Salameh was arrested after failing to appear for questioning in a financial crimes case. Having served for 30 years, Salameh faces investigations in Lebanon and Europe and is widely seen as a symbol of the country's economic crisis.