Money supply growth rate plummets amid trade woes July 29, 2022 By Crystal Hsu / Staff Reporter Money supply in the country, measured by M1B and M2, rose last month by 8.08% and 7.65% respectively,…
CNI reaction on monetary policy: control of the money supply in the market could increase interest rates – myRepublica July 29, 2022 KATHMANDU, July 29: The Confederation of Nepalese Industries (CNI) has declared that the provisions taken by the monetary policy are likely to exert pressure…
Nigeria’s Excessive Money Supply Growth Rate Fuels Largest Naira Depreciation in History July 27, 2022 An increase in the money supply is likely one of the factors fueling the currency depreciation between the Naira and the Dollar in recent…
Artroniq launches into money lending July 22, 2022 KUALA LUMPUR: Artroniq Bhd offered to acquire a 100% stake in Paklin Venture capital Sdn Bhd (PVCSB) for a purchase consideration of RM1.6 million…
Recession fears and money supply growth July 18, 2022 In his letter (July 14) in response to our editorial “The Fed Ignored the Money Supply and a Recession Is Coming” (July 8), Professor…
Inflationary Effects of N46.5 Trillion Money Supply | The Guardian Nigeria News July 18, 2022 The recent spike in inflation in Nigeria to around 18.6% has become very uncomfortable for the average Nigerian in his quest to earn a…
MONETA Money Bank: had a record year with loans to motorists, it lent them nearly 4 billion July 13, 2022 MONETA had a record year with loans to motorists, it lent them nearly 4 billion Prague, May 11, 2022 Last year, MONETA saw record…
Money supply up for the 2nd month of May thanks to the increase in deposits July 12, 2022 SEOUL, July 12 (Yonhap) — South Korea’s money supply rose for the second consecutive month in May on higher deposits amid rising interest rates,…
Inflation is growth in money supply, not silver-denominated prices – Analysis – Eurasia Review July 10, 2022 By Frank Shostak* In the recent the wall street journal article “Spiking Inflation Gains Another Look at Monetarism,” Greg Ip writes that a recent…
How the Fed manipulates the money supply July 8, 2022 Welcome to the weekly mailbag edition of The daily cut. This is where we analyze our analysts’ responses to the questions you sent us….
Suspected loan shark arrested in Lancashire on suspicion of illegal money lending and money laundering July 7, 2022 Officers from England’s Illegal Money Lending Team (IMLT) worked with Lancashire Police to execute a warrant at an address in Colne on Tuesday June…
Opinion: Bank of Canada may have to come to terms with money supply to stabilize inflation July 7, 2022 The Bank of Canada building on Wellington Street in Ottawa on May 31.Justin Tang/The Canadian Press Forty years ago – or about the last…
Cryptos can undermine sovereign control over money supply and weaken exchange rate: RBI report July 1, 2022 The Reserve Bank of India (RBI) has reiterated its opposition to cryptocurrencies and highlighted how they can undermine sovereign control over the money supply,…
CBI follows money supply chain in Bengal cattle and coal smuggling case, Energy News, ET EnergyWorld July 1, 2022 Calcutta: The Central Bureau of Investigation (CBI), investigating cattle and coal smuggling cases in West Bengal, has uncovered crucial information about a chain of…
CBI follows money supply chain in Bengal cattle and coal smuggling case July 1, 2022 CALCULATED: The Central Bureau of Investigation (CBI), investigating cattle and coal smuggling cases in West Bengal, has uncovered crucial information about a chain of…
Suncorp named Money’s Bank of the Year for 2022 June 30, 2022 Suncorp has almost locked in this price for the past few years. This should come as no surprise to those who have looked at…
The BB aims to compress the money supply to control inflation June 30, 2022 Bangladesh Bank Governor Fazle Kabir speaks during a press briefing on the monetary policy statement for the financial year 2022-23 at the central bank’s…
Eurozone money supply growth data for May a ‘red alert’, economist says June 29, 2022 Eurozone business lending rose sharply last month, but for some economists the continued decline in the so-called “narrow currency” was a “red flag” for…
Why we can’t just print more money: Bank of England pound June 27, 2022 The learning curve is steep. Only now, after more than a decade of running the Bank of England’s printing presses, is a new generation…
Broad Money Growing $82 Billion June 21, 2022 The Chronicle Harare OfficeBROAD money in the economy grew by more than $82 billion between March and April this year, according to the latest…
Money supply up in April as deposits rise amid rising rates June 15, 2022 (Yonhap) South Korea’s money supply rose in April as higher interest rates led to an increase in deposits, central bank data showed on Wednesday….
Slower money supply growth in 2022 points to recession June 14, 2022 LilliDay/E+ via Getty Images By Ryan McMaken Money supply growth eased slightly in April, falling below the eight-month high in March. Even with March’s…
Reserve Bank urged to cut New Zealand’s money supply June 12, 2022 Independent economist Rodney Jones is urging the Reserve Bank of New Zealand (RBNZ) to stop figuratively printing money, with inflation at its highest level…
Reserve Bank urged to cut NZ money supply – fast June 12, 2022 Reserve Bank of New Zealand Governor Adrian Orr has called for reducing the money supply. Photo/Mike Scott Independent economist Rodney Jones is urging the…
Tanzania: Bank of Tanzania plans to increase money supply growth June 8, 2022 The MINISTRY of Finance and Planning plans to spend 14.94 tri/- on development and recurrent expenditure in the financial year 2022/23 as the government…
Increase money supply | The government wants to increase the money supply by more than 15% even in the context of runaway inflation June 8, 2022 June 08, 2022, 10:30 a.m. Last modification: June 08, 2022, 11:21 a.m. Infographic: TBS “> Infographic: TBS The government will increase the money supply…
Egyptian Money Supply M2 Climbs 23.7% YoY to April, NFA Falls May 31, 2022 Egypt’s net foreign assets (NFA) fell by 14.8 billion Egyptian pounds in April, marking a slowdown in the outflow of funds that began in…
KL cops arrest two men for illegal money lending May 30, 2022 KUALA LUMPUR: Two men suspected of being involved in illegal money lending activities have been arrested. The head of the city’s Commercial Crime Investigation…
NRB to further tighten money supply as pressure continues on inflation and foreign exchange reserves – myRepublica May 28, 2022 The NRB unveils the third quarterly review of monetary policy KATHMANDU, May 28: The Nepal Rastra Bank (NRB) has said it will tighten the…
Money supply grows as term deposits pick up May 25, 2022 By Crystal Hsu / Staff Reporter The country’s money supply, as measured by M1B and M2, grew 9.81% and 8.12% respectively last month, as…
Bulgaria’s M3 money supply increases by 10.8% YoY in April May 25, 2022 The Bulgarian M3, the broadest indicator of money supply, rose 10.8% year on year in April, to 129.8 billion levs ($70.7 billion/66.4 billion euros),…
Money supply alone does not influence inflation May 21, 2022 Dear Editor, Joshua Luke’s article in SN 2022-05-19 is a crude attempt to link money supply and government spending. There is also consumer spending…
Money supply must be reduced to suppress domestic demand May 19, 2022 The biggest problem currently facing Bangladesh’s economy is soaring commodity prices. Global commodity price volatility coupled with rising US dollar prices is currently fueling…
Letter: Dramatic jump in money supply is the real cause of inflation May 17, 2022 John Plender (The Long View, May 7) is not alone in believing that “the rate of interest,” as measured by bond yields and the…
China’s money supply increased in April as the central bank released more liquidity May 13, 2022 BEIJING — China’s broadest measure of money supply was much higher than expected in April as the central bank provided more liquidity to further…
Money supply in March falls for the 1st time in more than 3 years May 12, 2022 SEOUL, May 12 (Yonhap) — South Korea’s money supply shrank for the first time in more than three years in March as higher interest…
United States: the money supply is running out of steam May 11, 2022 Over the past year, growth in the M2 measure of money supply in the United States1 has slowed from 27.1% year-on-year in February 2021…
Indian man arrested for engaging in illegal money lending activities May 10, 2022 The Bureau of Immigration (BI) has announced that it has arrested an Indian national for illegally engaging in an illegal ‘5-6’ money lending business…
Police warn of money lending scams on Telegram and other messaging apps May 10, 2022 Got a message on Telegram offering loans? Ignore it. For one thing, approved lenders are not allowed to solicit loans through text messages, phone…
5 digital startups for instant money lending May 5, 2022 5 digital startups for instant money lending By Leandra Monteiro Today Credit score Digital Loan GalaxyCard Technology has become the heart of India’s banking…
Bank loans up 8.9%, money supply at P15.2T – Manila Bulletin May 5, 2022 Outstanding loans from major banks rose 8.9% year-on-year in March, from 8.8% in February as the economy continued to open up and mobility restrictions…
The Fed will decide the money supply. This will affect interest rates. – Twin towns May 1, 2022 Tuesday’s meeting of the Federal Reserve’s Open Market Committee will be difficult. The FOMC faces high measured inflation for the first time in more…
Money supply growth rate continues to slow April 27, 2022 April 27, 2022 by SchiffGold 0 0 According to seasonally adjusted data, M2 increased by $59 billion in March. As the money supply expands,…
Guyana calls for fairer money lending program to help SIDS April 26, 2022 Guyana on Tuesday called for a fairer money lending program that takes into account that some countries are more vulnerable to major disasters. Guyana’s…
Man arrested on suspicion of illegal money lending and money laundering offenses during raid April 25, 2022 A man has been arrested on suspicion of illegal money lending and money laundering offenses in connection with a multi-agency operation in Bury St…
How has the microcredit law affected money lending activities? – Observer from Jamaica April 22, 2022 Luke Phillips Before microcredit law, the lending of money to individuals was governed by the law on money lending and the law on banking…
Iranian money supply up 39.7% YoY to February: CBI April 19, 2022 The CBI says Iran’s money supply grew to RLS 46,240.3 trillion (over $167.5 billion) in the year to the end of February. Figures from…
MTN Nigeria obtains authorization to operate Mobile Money Bank April 11, 2022 MTN Nigeria, the Nigerian arm of Africa’s largest telecom, today received final approval from the Central Bank of Nigeria to operate a payment services…
MTN to launch mobile money bank as CBN grants final approval – The Whistler Newspaper April 11, 2022 Telecom company MTN has received final approval from the Central Bank of Nigeria to launch MoMo Service Payment Service Bank Limited. The company disclosed…
CBN Grants Final Approval for MTN to Launch Mobile Money Bank April 11, 2022 April 11 (THEWILL) – The Central Bank of Nigeria (CBN) has granted MTN final approval to operate as Momo Payment Service Bank Limited (Momo…
Ayuuto: Somali Women’s Money Lending Handbook for Braving the Crisis | Features April 8, 2022 Mogadishu, Somalia – Once a month, a group of 10 women gather in Layla Hussein Tawane’s makeshift shelter in a camp for displaced people…
Cops break up illegal money lending syndicate in PJ April 7, 2022 PETALING JAYA: Police have arrested five men linked to an illegal money lending syndicate. Petaling Jaya OCPD Asst Comm Mohamad Fakhrudin Abdul Hamid said…
Thousands of Indians Exposed to Data Breach Affecting CashMama Money Lending App April 6, 2022 The personal details of hundreds of thousands of Indians have recently been leaked, revealing details such as full names, birth dates, home addresses, national…
Broad money supply declines | Macau Business April 5, 2022 Macau’s broad money supply fell 0.6% month-on-month to 688.3 billion patacas (about $85.1 billion) in February 2022, the body said. monetary supervision of the…
Macau’s broad money supply declines in February April 5, 2022 MACAU: Macau’s broad money supply fell 0.6% month-on-month to 688.3 billion patacas (about $85.1 billion or RM359.1 billion) in February 2022, according to the…
Money supply pushes the exchange rate to unsustainably low levels April 1, 2022 RESPECT GWENZIA 3.07% FALL in the value of the local unit, the Zimbabwe dollar (Zimdollar), was in line with the previous week’s loss. This…
FCCPC accuses Google of failing online money lending banks, using US law enforcement April 1, 2022 The Federal Competition and Consumer Protection Commission (FCCPC) has blamed Google for its inability to track down the owners of some failing online money…
Money supply increases by Rs2tr in February March 31, 2022 March 31, 2022 (MLN): The total money supply circulating in the economy during the month of February 2022 was recorded at around 28 trillion…
Bank lending rises 8.8%, money supply expands to P15.2-T – Manila Bulletin March 31, 2022 Large banks’ outstanding loans grew 8.8% in February, faster than January’s 8.4% growth, as lending activity picked up momentum on improving economy, said the…
Woman arrested on suspicion of illegal money lending in Widnes March 30, 2022 A 51-year-old woman has been arrested on suspicion of illegal money lending and money laundering offenses following an operation in Widnes. The English Illegal…
– Loan Scams in India – Identify and Stay Safe | Money lending fraud [AsPKom Eixil News] – Company | Entertainment | Way of life March 26, 2022 Popularity and views: 27,407 Instant loan apps lure loan seekers under the guise of providing easy lending and running unethical practices, high…
Money supply in Taiwan sees slowest growth in months March 24, 2022 By Crystal Hsu / Staff Reporter Money supply in the country, as measured by M1B and M2, grew last month at the weakest rates…
57% of Africans without mobile money or bank account: report March 24, 2022 By Dipo Olowookere The Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN), Sir Sunny Nwosu, congratulated the board and management of Zenith…
Money supply growth is slowing rapidly March 23, 2022 March 23, 2022 by SchiffGold 0 0 There is no doubt that money supply growth is slowing, but it is still far from restrictive….
AllianceBernstein pays $750 million for CarVal Investors, a former Cargill currency unit March 17, 2022 CarVal Investors, the Twin Cities-based investment manager that spun off from Cargill a few years ago, is being acquired by AllianceBernstein for $750 million….
FCCPC orders failing lending banks to stop interest and loan collections as Nigerians react March 16, 2022 The Federal Competition and Consumer Protection Commission (FCCPC) has, as part of its sweeping orders against illegal and unlicensed online money lending banks, ordered…
Why money supply in Tanzania has increased in recent months March 15, 2022 By The Citizen Reporter Arusha. The provision of funds to fuel economic activities has improved significantly in recent months, with the government attributing this…
FCCPC calls on Google and Apple to remove some money-lending apps from stores March 15, 2022 The Federal Competition and Consumer Protection Commission (FCCPC) has issued sweeping orders on Google LLC (Play Store) and Apple Inc. (App Store) to force…
Why some money-lending banks have been shut down as the enforcement exercise intensifies – FG March 12, 2022 The federal government has explained why its agencies are shutting down some illegal online banks as they step up their crackdown on unlicensed online…
The Fed must monitor the money supply March 10, 2022 As recently as September 2021, half of the members of the Federal Open Market Committee expected no change in the federal funds rate throughout…
Virgin Money bank manager steals money from elderly and vulnerable March 6, 2022 A bank deputy manager faces jail after admitting to stealing money from the accounts of elderly and vulnerable customers. Harry Harden worked at the…
Macau money supply up in January March 6, 2022 Macau’s broad money supply rose 0.7 percent month-on-month to 692.3 billion patacas (about $85.98 billion) in January 2022, the body said. monetary supervision of…
Money supply reaches Rs28.12tr in January March 1, 2022 March 1, 2022 (MLN): The total money supply circulating in the economy in the seventh month of FY22 was recorded at around Rs 28.12…
Money supply growth is running out of steam, says central bank February 28, 2022 GEOPOLITICAL TENSIONS: Global financial markets would remain volatile as the Russia-Ukraine conflict unfolds, the bank said, ahead of its policy review By Crystal Hsu…
14 YEARS AMONG 146 PEOPLE SURVEYED FOR “AH LONG” MONEY LENDING ACTIVITIES February 28, 2022 According to the police press release, an island-wide investigation has been conducted against unauthorized money lending activities. A total of 146 people, aged 14…
Money supply expands to P15.3 T – BSP – Manila Bulletin February 28, 2022 The central bank said domestic liquidity or M3 rose 9.8% year-on-year in January to 15.3 trillion pesos, more than the 7.3% growth recorded in…
EOCO warns against Royal Gardens Network and Hubtel Mobile Money Lending | General news February 27, 2022 The Economic and Organized Crime Office (EOCO) has warned Ghanaians against the activities of two unauthorized online investment schemes with the aim of defrauding…
EOCO warns against Royal Gardens Network and Hubtel Mobile Money Lending February 26, 2022 EOCO The Economic and Organized Crime Office (EOCO) has warned Ghanaians against the activities of two unauthorized online investment schemes with the aim of…
HUBTEL LTD has no connection with Hubtel Mobile Money Lending February 25, 2022 Whatsapp picture on time Hubtel Limited, one of Ghana’s leading financial technology (fintech) companies, said it has no connection with Hubtel Mobile Money Lending,…
The Fed, Money Supply and Stock Prices: Part 2 February 24, 2022 Comment Previously, I explained how the Fed’s policy of buying and selling securities affects interest rates and stock prices. The largest change in purchases…
Lancashire couple arrested on suspicion of illegal money lending February 18, 2022 Lancashire couple arrested on suspicion of illegal money lending A couple have been arrested on suspicion of illegal money lending and money laundering offenses…
Increase in the money supply in December compared to the increase in savings and the growth of exports February 17, 2022 (Yonhap) South Korea’s money supply rose 0.7 percent month-on-month in December, mainly due to an increase in savings spurred by higher interest rates and…
Sri Lanka prints 1.2 billion rupees in 2021, money supply and food prices up 40% over 2 years February 14, 2022 ECONOMYNEXT – Sri Lanka printed 1.2 trillion rupees in 2021, most of which left the country as official balance of payments deficit data shows,…
Tirupati police hand over 46 money lending apps for fraudulent practices – Reuters February 12, 2022 By Express press service TIRUPATI: Tirupati Urban Police booked 46 errant instant loan mobile apps on Friday for allegedly cheating and harassing the public….
Japan’s M3 money supply at record high as BOJ continues stimulus February 9, 2022 Cash in circulation in Japan hit a record high after rising for 11 consecutive months in January, an encouraging sign that could point to…
ernakulam: The CPM is preparing to lend money and files a complaint against the head of Ekm | Kochi News February 8, 2022 KOCHI: As Kochi is set to host the CPM state conference from March 1-4, allegations including the criminal backgrounds and money lending activities of…
Datamatics Global Services: How to Build a P2P Money Lending App for the Year 2022 February 7, 2022 As the world is plunged into post-pandemic turmoil, economies around the world are feeling the brunt. Many investment projects have been expensive. However, digitization…
Money supply falls by 0.6% to 38.9 billion KD in December – ARAB TIMES February 6, 2022 WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, February 6: The Central Bank of Kuwait (CBK) announced on Sunday that the broad money supply (M2)…
Iran reports money supply up 38.7% year-on-year in December February 6, 2022 The file photo shows Iranian banknotes. Figures from the Central Bank of Iran (CBI) show that the country’s money supply grew by 38.7% in…
Inflation has critics of the Federal Reserve pointing to an increase in the money supply February 6, 2022 The Fed shared this view the last time the United States had a serious inflation problem. In 1979, then-Fed Chairman Paul Volcker capped money…
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