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Showing posts with the label central bank
South Korea freezes rates in first meet under President Moon Jae-in President Moon Jae-in South Korea's central bank on Thursday froze its benchmark interest rate at the record-low level in its first rate-setting meeting under the new government. Read More  
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Kenya’s Central Bank Place Imperial Bank under Statutory management Imperial Bank The Central Bank of Kenya has placed Imperial bank under the management of Kenya Deposit Insurance Corporation for 12 months because of “unsafe or unsold business conditions.”  http://bit.ly/1RahSkq http://www.uitvconnect.com/newspaper/kenya%E2%80%99s-central-bank-place-imperial-bank-under-statutory-management
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Janet Yellen will lead the powerful U.S central bank and decide the world's fortune                           Janet Yellen   Washington : US President Barack Obama nominated  Janet Yellen as the new Chairman of the powerful  U.S central bank. Janet Yellen (67) will be the first woman to chair the Federal Reserve Bank in its 100 year  history.She is going to hold   the most powerful position in the global  financial system. Her step will affect   economic and financial market globally. She is currently vice-chairman of US Federal Reserve.  She was associated with  US Federal Reserve as   an economist and member of its board of  governors  She was also the president of San Francisco Federal Bank. She was also associated with president Bill Clinton .Council of Economic advisors. She holds strong educational background with  doctorate in economics from Yale University.  She also got involved in teaching   profession   at UC Berkeley, London School of Economics  and Harvard
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