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The Latest Breaking News from The Central Bank

Lebanese Central Bank governor no-show in Paris corruption probe

Lebanon’s embattled central bank governor has failed to appear before French prosecutors in Paris, questioning him in the ongoing European money-laundering and illicit enrichment probe

The Independent UK

Brazil’s unlikely bid to become a global crypto hub

New legislation and regulatory collaboration are transforming the South American powerhouse.

Fortune

Lebanon's finance minister questioned by European prosecutors

A European judicial team questioned Lebanon’s caretaker finance minister Youssef El Khalil on Friday in an investigation related to a corruption probe of the country’s Central Bank governor, officials said.

Radio France Internationale

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Lebanon's finance minister questioned in Central Bank probe

Lebanese judicial officials say a European judicial team has questioned Lebanon’s caretaker finance minister

The Independent UK

Nigeria and digital banking: a revolution still waiting to happen

At the end of 2022 the Central Bank of Nigeria launched new banknotes. At the same time it also capped withdrawal of the new banknotes. The rollout of the currency change was shambolic. But it also led people to turn to digital financial services such as the use of point…

The Conversation

US dollar scarcity threatens Bolivia's 'economic miracle'

For more than a decade, Bolivia was an economic oasis in a turbulent region, with low inflation and high growth

The Independent UK

UAE Central Bank Revokes License of Russia’s MTS Bank

The Central Bank of the UAE announced that it has been decided to cancel MTS Bank’s Abu Dhabi licence, wind down its operations within six months from the date of the decision, under the supervision of the Central Bank, and close the branch. This decision comes after considering the available…

Asharq Al-Awsat

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Saudi Deposit Boosts Foreign Reserves of Türkiye's Central Bank

The Turkish Central Bank's net international reserves rose by $6 billion last week to $25 billion after a $5 billion deposit from Saudi Arabia entered its accounts. The central Bank's gross reserves rose $6.5 billion to $126.5 billion in the same period, Reuters quoted three bankers as saying. The Bank…

Asharq Al-Awsat

Sri Lankan state workers strike, protesting high taxes

Sri Lankan health, railway, port and other state workers are on a daylong strike to protest against sharp increases in income taxes and electricity charges, as the island nation awaits approval of an International Monetary Fund package to aid its bankrupt economy

The Independent UK

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