Ahead of the U.S. central
bank's last policy meeting, directors at all but one of the
Federal Reserve's 12 regional banks supported no change to the
emergency lending rate for commercial banks, records from the
discussions showed on Tuesday.
Bitcoin fell 8% on Tuesday,
breaching $10,000 for the first time in two weeks after U.S.
lawmakers grilled Facebook on its cryptocurrency plans,
as political and regulatory scrutiny of digital coins
The European Bank for
Reconstruction and Development (EBRD) expects to keep
investments in Egypt at over 1 billion euros this year, boosting
its equity portfolio through a delayed privatisation programme,
its regional director said.
The Bank of Canada announced on
Tuesday its intention to become the administrator of the
Canadian Overnight Repo Rate Average (CORRA), a reference rate
for financial market transactions, when enhancements to
CORRA take effect next year.