* Central bank intervenes to sell dollars, mops excess liquidity * Shilling seen pressured as banks go long on dollars * KCB shares lift stock market (Adds markets close, stocks) By...
… NAIROBI, May 11 (Reuters) - The Kenyan shilling steadied against the dollar on Friday after the central bank drained excess liquidity in the market, while stocks rose for a second day. At the 1300 GMT close of markets, commercial banks quoted the …
… Bank of India said on Wednesday it received no bids at its one-day reverse repo auction, through which it absorbs excess liquidity from the banking system. Earlier in the day, it accepted all 49 bids for 1.18 trillion rupees ($22 billion …
FRANKFURT, May 8 (Reuters) - Key euro zone bank-to-bank lending rates fell to new 23-month lows on Tuesday, with the European Central Bank's trillion euros of long-term loans continuing to exert...
FRANKFURT, May 7 (Reuters) - Key euro zone bank-to-bank lending rates fell to new 23-month lows on Monday, with the European Central Bank's trillion euros of long-term loans continuing to exert...
… for U.S. stocks. The money supply's growth could slow down or even shrink when central banks begin mopping up excess liquidity . Though a ways off, such a re-adjustment will probably brutalize gold prices. Investors who buy gold as insurance …
… For now, the Federal Reserve has ended quantitative easing. It will, however, eventually be forced to mop up excess liquidity through higher interest rates, but that still isn't the most pressing concern. With persistently muted growth …
… Bank of India said on Tuesday it received no bid at the one-day reverse repo auction, through which it absorbs excess liquidity from the banking system. Earlier in the day, it accepted all 40 bids for 802 billion rupees ($15.54 billion …
* Central bank mops up $78 mln for fifth day * Traders say excess liquidity could weigh next week * Portland Cement lead stocks up (Adds markets close, stocks) By Kevin Mwanza and Beatrice Gachenge NAIROBI …
… headline to show exporters selling dollars, not buying) * Central bank mops up $78 mln for fifth day * Traders say excess liquidity could weigh next week NAIROBI, April 13 (Reuters) - The Kenyan shilling firmed on Friday aided by exporters taking …