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Kuwait's economy may contract by 1.5 to two percent this year before starting to grow again in 2010, Central Bank Governor Sheikh Salem AbdulAziz Al-Sabah said yesterday. "We expect growth but so far we have not found a proper figure to be estimated for...
Tags: Kuwait, monetary policy, China, loose monetary
China's central bank reaffirmed it will pursue a loose monetary policy to support the country's economic recovery, after shares recorded their biggest drop in eight months. The People's Bank of China (PBoC) published remarks by one of its vice governors,...
Tags: China Central Bank Pledges, China Securities Journal, People's Bank of China, central banks, monetary policy, loose monetary, market tools, economic recovery, Bloomberg, banks pledged