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Interbank market: the Fed, the BoE and the Bce keep their key rates unchanged in January 2024

12/03/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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During the month of January 2024, the main central banks, in particular the American Federal Reserve (Fed), the Bank of England (BoE) and the European Central Bank (BoE) and the European Central Bank (Bce) kept their key rates unchanged according to Bceao.

The BCEAO indicated in its “Monthly Bulletin of Statistics” that the refinancing granted by the BCEAO increased from 8,440.8 billion in December 2023 to 8,593.7 billion in December 2023 to 8,593.7 billion in January 2023 in January 2024, an increase of 1.81%, on the money market d regional. The weighted average rate of weekly liquidity auctions was 5.49% in January 2024 compared to 5.13% in

December 2023.

The UEMOA interbank market recorded a drop in trading volume during the month of January 2024.

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