AUSTRALIA-SYDNEY-RBA-CASH RATE-INCREASE

AUSTRALIA-SYDNEY-RBA-CASH RATE-INCREASE

(230606) -- SYDNEY, June 6, 2023 (Xinhua) -- This photo taken on June 6, 2023 shows the exterior view of the Reserve Bank of Australia (RBA) in Sydney, Australia. The RBA on Tuesday decided to increase the cash rate target by 25 basis points to 4.10 percent, with the interest rate paid on Exchange Settlement balances also up by 25 basis points to 4 percent. This marked the fourth rate hike so far this year and also the 12th jump since the central bank started tightening the money policy from a record low of 0.1 percent in May last year. (Photo by Hu Jingchen/Xinhua)

  • Product Code
  • ILEA001402587
  • Registered date
  • 2023/6/06 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 2048 × 1547 pixel
  • Resolution
  • dpi
  • Deployment size
  • 1.94(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Tokyo stocks close mixed on rising interest rates, positive U.S. futures

    STORY: Tokyo stocks close mixed on rising interest rates, positive U.S. futures SHOOTING TIME: May 28, 2024 DATELINE: May 29, 2024 LENGTH: 00:01:51 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo 2. various of Tokyo Stock Exchange 3. various of securities company STORYLINE: Tokyo stocks closed mixed on Tuesday amid concerns over rising long-term interest rates in Japan, while the market's downside was buoyed by positive U.S. stock futures. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 44.65 points, or 0.11 percent, from Monday at 38,855.37. The broader Topix index, meanwhile, finished 2.14 points, or 0.08 percent, higher at 2,768.50. Market watchers here noted the yield on the benchmark 10-year Japanese government bond briefly rose 0.015 percentage point from Monday's close to 1.035 percent, its highest level since April 2012, amid speculation that the Bank of Japan is shifting away from monetary easing measures. The Nikk

      Nigerian central bank further raises interest rate to over 26 pct

      STORY: Nigerian central bank further raises interest rate to over 26 pct SHOOTING TIME: May 22, 2024 DATELINE: May 23, 2024 LENGTH: 00:01:09 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of a busy street in Nigeria 2. various of the central bank building 3. various of press briefing by central bank officials 4. SOUNDBITE (English): YEMI CARDOSO, Governor of the Central Bank of Nigeria STORYLINE: Nigeria's central bank on Tuesday further raised the benchmark interest rate, pushing it by 150 basis points to 26.25 percent, in a move to combat the country's persistent inflation. This latest hike marks a continuation of Nigeria's aggressive monetary tightening strategy aimed at stabilizing the economy. It is the third consecutive one this year, since February, to raise the baseline interest rate known as the monetary policy rate. Yemi Cardoso, governor of the Central Bank of Nigeria, who chairs the Monetary Policy Committee, told the media at the end of a meeting in the capital of Abuja that th

        Tokyo stocks end lower over higher Japanese interest rates

        STORY: Tokyo stocks end lower over higher Japanese interest rates SHOOTING TIME: recent footage DATELINE: May 23, 2024 LENGTH: 00:01:13 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo 2. various of Tokyo Stock Exchange STORYLINE: Tokyo stocks closed lower on Wednesday, weighed down by concern over higher borrowing costs after Japan's benchmark bond yield touched the 1 percent threshold for the first time in around 11 years. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 329.83 points, or 0.85 percent, from Tuesday at 38,617.10. The broader Topix index, meanwhile, finished 22.36 points, or 0.81 percent, lower at 2,737.36. The yield on Japan's benchmark 10-year government bond hit 1 percent on Wednesday for the first time since May 2013 amid speculation that the Bank of Japan is moving to normalize its monetary policy, sending stocks lower by fueling concern over higher borrowing costs, analysts said. Market watchers here noted stocks

          Bank of Japan keeps interest rate unchanged, yen sinks below 156

          STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

            Nigeria's central bank raises interest rate to 24.75 pct

            STORY: Nigeria's central bank raises interest rate to 24.75 pct SHOOTING TIME: March 26, 2024 DATELINE: March 28, 2024 LENGTH: 00:00:56 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of Abuja 2. various of aerial shots of the Central Bank of Nigeria 3. various of Abuja 4. various of the meeting attended by Yemi Cardoso 5. SOUNDBITE (English): YEMI CARDOSO, Governor of Central Bank of Nigeria STORYLINE: The Central Bank of Nigeria (CBN) on Tuesday further raised the monetary policy rate by 200 basis points to 24.75 percent amid rising inflation in the most populous African country. The move, made barely one month after it raised the interest rate to 22.75 percent, was in consideration of the current inflationary pressures and the need to anchor inflation expectations as well as ensure sustained exchange rate stability, CBN Governor Yemi Cardoso, who chairs the Monetary Policy Committee, told the media at the end of a meeting in the capital of Abuja. SOUNDBITE (English): YEMI CARDOSO, Governo
              SRI LANKA-COLOMBO-INTEREST RATES-REDUCING

              SRI LANKA-COLOMBO-INTEREST RATES-REDUCING

              (240326) -- COLOMBO, March 26, 2024 (Xinhua) -- Sri Lanka's central bank governor Nandalal Weerasinghe speaks at a press conference in Colombo, Sri Lanka, on March 26, 2024. Sri Lanka's central bank decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 50 basis points to 8.50 percent and 9.50 percent respectively, the bank's statement said on Tuesday. (Photo by Gayan Sameera/Xinhua)
                EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

                EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

                (240306) -- CAIRO, March 6, 2024 (Xinhua) -- This photo taken on March 6, 2024 shows the Central Bank of Egypt (CBE) building in Cairo, Egypt. The CBE raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. (Xinhua/Ahmed Gomaa)
                  EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

                  EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

                  (240306) -- CAIRO, March 6, 2024 (Xinhua) -- This photo taken on March 6, 2024 shows U.S. dollar and Egyptian pound notes in Cairo, Egypt. The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. (Xinhua/Sui Xiankai)
                    EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

                    EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

                    (240306) -- CAIRO, March 6, 2024 (Xinhua) -- This photo taken on March 6, 2024 shows Egyptian pound notes in Cairo, Egypt. The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. (Xinhua/Sui Xiankai)

                      Turkish currency dips against USD after fresh interest rate hike

                      STORY: Turkish currency dips against USD after fresh interest rate hike SHOOTING TIME: Jan. 26, 2024 DATELINE: Jan. 27, 2024 LENGTH: 00:01:21 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul city in Türkiye 2. various of an exchange office in Istanbul 3. various of the Turkish Central Bank and Turkish lira 4. various of Murat Tufan, an analyst with Turkish broadcaster Ekoturk (file) 5. various of the Turkish Central Bank, Turkish lira 6. various of people walking on the street in Istanbul, Türkiye STORYLINE: The Turkish currency lira hit an all-time low against the U.S. dollar on Friday, one day after the central bank raised its key interest rate by 250 basis points to 45 percent. After testing 30.64 liras, one dollar stood at 30.32 liras at 11:10 a.m. local time (0810 GMT). During last June to December, the Turkish central bank raised interest rates from 8.5 percent to 42.5 percent to tame persistent inflation. According to the official data announced last Decembe