Tag: Central Bank

Central Bank
Tuesday, June 14th 2011 - 15:09 UTC

China hikes bank reserves to contain inflation; food costs up 11.7% in May

The price of pork has soared 40% in the last twelve months

China's central bank raised bank reserve ratios on Tuesday for the ninth time since October to try to curb inflation, which is running at its fastest pace in almost three years.

Tuesday, July 27th 2010 - 23:37 UTC

As Argentine economy picks up, imports soar and trade surplus is down

Central Bank’s reserves stand at another record level

Argentina's trade surplus narrowed by 19% in June from the same month a year ago, falling short of market expectations as brisk economic growth fuelled demand for imports, according to official data released last week.

Saturday, July 10th 2010 - 07:18 UTC

Argentine agro-exports help boost international reserves to over 50 billion USD

The rich pampas don’t cease to produce in spite of the Kirchners

Argentina’s international reserves once again exceeded the 50 billion US dollars mark, boosted by an intervention to the Central Bank by the market in a record purchase of 262 million USD.

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