Gulf Times - central-bank
Turkish lira tumbles another 5% as deputy bank chief quits

Turkish lira tumbles another 5% as deputy bank chief quits

The lira has lost nearly 45% of its value since the start of the year against the dollar as investors took fright over a bitter row with the United States.

Erdogan asks Turks to help prop up plunging lira

Erdogan asks Turks to help prop up plunging lira

The lira has lost 16% of its value against the greenback in a month as markets became jittery after Erdogan indicated he wanted a greater say in monetary policy.

Malaysian central bank says it foiled hacking attempt

Malaysian central bank says it foiled hacking attempt

Bank Negara Malaysia said no funds were lost in the incident, which it identified on Tuesday and involved falsified wire-transfer requests over the SWIFT bank messaging network.

Qatar banking sector needs no further sovereign support: IMF

Qatar banking sector needs no further sovereign support: IMF

Qatar’s banking system needs no further support from the central bank and sovereign wealth fund as the decline in non-resident liabilities of lenders have subsided, according to the International Monetary Fund (IMF).

Former Nepal central bank chief named as finance minister

Former Nepal central bank chief named as finance minister

Yubaraj Khatiwada, who had served as governor of the central bank, Nepal Rastra Bank, is a monetary policy expert and an alumnus of the Delhi School of Economics in neighbouring India.

Hackers stole $6mn from Russian bank last year

Hackers stole $6mn from Russian bank last year

The disclosure, buried at the bottom of a central bank report on digital thefts in the Russian banking sector, is the latest in a string of attempted and successful cyber heists using fraudulent wire-transfer requests.

Sri Lankan police arrest two over alleged bond scam

Sri Lankan police arrest two over alleged bond scam

Sri Lankan police said on Sunday they had arrested two officials from primary dealer Perpetual Treasuries Ltd, which was named in a report as being involved in an alleged government bond scam in 2015.

QCB has adequate reserves to support riyal, says Sheikh Abdulla

QCB has adequate reserves to support riyal, says Sheikh Abdulla

The Qatar Central Bank (QCB) has adequate reserves to defend the Qatari riyal as its international reserves are twice the monetary base; indicating its ability to inject dollar liquidity.

Available reserves enough to defend riyal: QCB chief

Available reserves enough to defend riyal: QCB chief

The central bank governor was speaking during the final day of Euromoney 2017 and discussed some of the data related to the banking and financial sector in the State of Qatar.

Qatar central bank's international reserves, liquidity edge up

Qatar central bank's international reserves, liquidity edge up

International reserves and foreign currency liquidity stood at $45.8bn in May, before the diplomatic crisis erupted.

QCB permits expired Qatar ID holders a grace period for bank transactions

QCB permits expired Qatar ID holders a grace period for bank transactions

Residents with expired Qatar IDs can continue to transact business with financial institutions in Qatar for 90 days after the expiry date of their residence permits, according to a new policy issued recently by Qatar Central Bank.

Qatar 'has enough reserves to support banks despite siege'

Qatar 'has enough reserves to support banks despite siege'

Qatar, blockaded by three of its Gulf neighbours since June, is capable of supporting its banks with assets in the country’s vast sovereign wealth fund and foreign currency reserves, the central bank governor said.