Tanzania will now require all local transactions to be priced and paid in Tanzanian shillings. Foreign currency contracts face tighter restrictions, and tourists must use official channels to convert ...

Dar es Salaam. Tanzania’s banking industry has kicked off 2025 on a strong footing, with rising profitability driven by double-digit growth in both funded and non-funded income during the first ...

Partly cloudy with a chance of rain. Chance of precipitation 35%. High temperature around 64F. Dew point will be around 47F with an average humidity of 66%. Winds will be 6 mph from the E. Partly ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Just over two years ago, in March 2023, United States Vice President Kamala ...

FRANKFURT, Germany — The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught.

ISTANBUL — Turkey’s central bank raised its key interest rate by 3.5 percentage points on Thursday, halting a three‑month easing streak as it confronts stubborn inflation, financial ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

The Bank of Baroda (Bank) announced that it would immediately transmit the benefit to its customers. The PSU bank has reduced its external benchmark-linked lending rates for loans catering to ...

Looking to lock in high returns on your fixed deposit before interest rates drop further? Bank of Baroda has introduced an attractive short-term FD scheme named 'bob Square Drive Deposit Scheme ...

Madan Sabnavis, chief economist, Bank of Baroda, said, "Transmission is the tricky issue which will depend on how individual banks are placed. With liquidity normalizing and likely to remain calm ...

Bandhan Bank on Tuesday said it has launched the Elite Plus Savings Account, targeting high net-worth individuals (HNIs). The savings account will allow customers to deposit unlimited cash each month, ...