Russia's central bank hiked rates to 21% late last year in a bid to cool soaring inflation.

Reserve Bank of India's plan to infuse liquidity into the banking system daily via variable rate repo (VRR) auctions will lead to a drop in overnight interbank and money market rates, as well as near-end overnight index swaps,

Indonesia's central bank said the rupiah's fall against U.S. dollar was still under control, after the currency slid to its weakest level in more than six months on Thursday following a surprise cut in interest rates the day before.

The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.

Bessent said that he sees no reason for the U.S. to have a central bank digital currency. "In my mind, a central bank digital currency is for countries who have no other investment alternatives," Bessent said.

Assessing the final act of 2024, central banks around the world continued to play a leading role in the demand for gold. Click to read.

China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared. Bullion held by the People’s Bank of China rose to 73.29 million fine troy ounces ...

Chile’s central bank said its future monetary policy decisions should consider significant risks including short-term inflation challenges, according to the minutes to its last key rate meeting.

The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a weakening local currency. Read more here.

The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”