The People’s Bank of China set the strongest reference rate for the currency in almost three years.

By Dharamraj Dhutia MUMBAI, Jan 5 (Reuters) - The Indian rupee edged lower on Monday, tracking Asian peers and pressured by dollar demand around the Reserve Bank of India's reference rate. The rupee ...

South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?

South Africa is reviewing the main reference rate commercial banks use to price trillions of rands of loans to clients.

South African Reserve Bank Governor Lesetja Kganyago said he favors ending the use of prime, the main reference rate ...

Lenders typically price loans using the prime rate as a reference, with premiums or discounts to the measure depending on the ...

China loosened its grip on the yuan by weakening its daily reference rate past a key threshold, with regulators moving to support the country’s tumbling stock markets amid an escalating trade war with ...

South African Reserve Bank Governor Lesetja Kganyago says he favours ending the use of the prime interest rate in the country.

The board of governors of Mexico's central bank on Thursday voted to cut its benchmark overnight lending rate by 25 basis points to 7.50%, in line with market expectations. Banxico, as the bank is ...

The Bank of Korea, after holding a Monetary Policy Committee meeting on the 15th and deciding to maintain the base rate at 2.5% annually, omitted any mention of a “base rate cut” in its published ...

It was no surprise that the National Bank of Poland kept interest rates unchanged, with the reference rate at 4.00%. We ...