Mozambique central bank lifts key lending rate to 23.25 percent
MAPUTO, Oct 21 Mozambique's central bank has lifted its benchmark lending rate by 600 basis points to 23.25 percent, its monetary policy committee said on Friday.
MOSCOW Dec 29 Russian Deputy Finance Minister Alexei Savatyugin, who oversees the financial markets, banking and insurance sectors, has submitted his resignation.
He published a photo of the letter on Twitter, asking Prime Minister Dmitry Medvedev to accept his resignation from Jan. 9.
Savatyugin, who has been in the job since 2010, declined to comment to Reuters on his future job plans.
His resignation comes before a reform of the Russian financial sector as the government plans to bring regulation of financial markets and banks under one roof at the central bank in a move seen part of a drive to transform Moscow into an international financial hub.
OTTAWA, Oct 21 A drop in Canadian retail sales in August and cooler-than-anticipated annual inflation in September reinforced speculation the Bank of Canada may lower interest rates again, after the bank acknowledged this week it had considered cutting.
OTTAWA, Oct 21 Canada's annual inflation rate rose less than expected in September as the cost of gasoline fell, while food prices saw their smallest gain since 2000, data from Statistics Canada showed on Friday.