intervention

Singapore Set to Take Decisive Action on Housing Curbs if Needed

7 months ago

The Singaporean authorities are ready to take decisive measures if necessary to control rising housing prices in the country. Finance Minister Lawrence Wong stated that the government is closely monitoring the real estate market and is considering the introduction of additional restrictions to prevent excessive price increases.

Zimbabwe's Central Bank Intervenes in Forex Market Amid Local Currency Slump

7 months ago

The Central Bank of Zimbabwe has announced its intervention in the foreign exchange market due to the sharp decline of the Zimbabwean dollar (ZWL) against the US dollar (USD). These measures have become necessary to stabilize the situation, as the local currency continues to lose value. Currently, the government and financial institutions are taking steps to strengthen the Zimbabwean dollar and combat rising inflation in the country.