Central Banker Report Cards 2024: Asia-Pacific
Global Finance
OCTOBER 10, 2024
The political turmoil fuelled a spike in inflation, which hit 11.66% in July amid fast-dwindling foreign exchange reserves. Mansur announced plans to hike the benchmark rate by 50 basis points to 9%, and stated that rates would hit 10% within the coming months. Mansur to be central bank governor. per greenback.
Let's personalize your content