Bank of England raises bank rate, the highest in 30 years, to combat inflation

Nov 04, 2022

The updated projections of the Monetary Policy Committee (MPC) of the Bank of England for activity and inflation described a very challenging outlook for...

UST Delivers API Prototypes for Retail Central Bank Digital Currency (CBDC) experimentation for the Bank of International Settlement and Bank of England

Jun 27, 2023

London [UK]/Bengaluru (Karnataka) [India], June 27: UST, a leading digital transformation solutions company, has announced its role as an Innovation vendor for Project Rosalind,...

RBI, Bank of England sign MoU to facilitate cross-border settlement, clearing activities

Dec 08, 2023

The Reserve Bank of India (RBI) and Bank of England (BoE) have signed a Memorandum of Understanding (MoU) to cooperate and exchange information regarding...

US, EU, Japan central banks join hands to keep dollars flowing: CNN Business

Mar 20, 2023

"The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank...

RBI, Bank of England sign MoU on exchange of information related to Clearing Corporation of India

Dec 01, 2023

The Reserve Bank of India (RBI) and the Bank of England (BoE) have signed a Memorandum of Understanding (MoU) concerning cooperation and exchange of...

Bank of England raises interest rate by 25 bps to 4.5 pc

May 11, 2023

Bank of England's monetary policy committee hiked key interest rates by 25 basis points (100 basis points is equal to one percentage point) to...