THE BANK OF ENGLAND

European Central Bank President Christine Lagarde drew the line on how far the ECB could go in helping virus-stricken eurozone countries on Wednesday, saying lending to governments directly would be illegal and handing out cash to citizens difficult.

Addressing concerns of the fallout from coronavirus, in an extraordinary meeting on March 17 the Turkish Central Bank Monetary Policy Committee (MPC) cut its policy rate from 10.75 to 9.75.

The bank was set to meet on March 19, but with fears of the virus mounting, and cases climbing worldwide, the meeting was moved up.

Dame Minouche Shafik is one of the world's most distinguished academics. Born in Alexandria, Egypt, in 1962, Shafik went on to study at Amherst College, Massachusetts, the London School of Economics and St Antony's College, Oxford, and has since worked for some of the most prestigious global institutions.

Repatriating Romania's gold reserve would cost 10-20 times more than the commission paid to the Bank of England for storing it there, said, on Tuesday, the Governor of the National Bank of Romania (BNR), Mugur Isarescu, in a press conference. "We will respect the law, the vote of the Parliament.

About two years ago the UN's Intergovernmental Panel on Climate Change warned that the world is headed toward a three degree temperature rise and that the coming years may prove to be the most critical in the history of humankind.

The Bank of Greece is, with the Bank of England and the European Central Bank, at the forefront of the battle to tackle climate change through the promotion of sustainable finance, according to the London-based Official Monetary and Financial Institutions Forum.

The Bank  of Greece (BoG) is, along with the Bank of England (BoE) and the European Central Bank  (ECB), at the forefront of the battle to tackle climate change through the promotion of sustainable finance, according to the Official Monetary and Financial Institutions Forum (OMFIF).

As the International Monetary Fund prepares to choose a new managing director to replace Christine Lagarde, who is to leave the post in the coming months, CNBC has reported that former Greek Finance Minister Euclid Tsakalotos is among the candidates in the running for the job.

The Swedish Central Bank and the Bank of England carry out researches on whether they should start issuing Central Bank Digital Cash (CBDC) and compete with bank credit as a means of payment.

Venezuela's gold holdings in the Bank of England have jumped after it closed out a gold swap deal with Deutsche Bank, according to two sources, as Britain remains reluctant to release gold held for the troubled OPEC nation.