FinNotes

9 matches across 1 sections

Market news & articles

Central Banks & Policy · 2 days ago

Brazil Senate committee approves central bank financial autonomy measure tied to Pix oversight

Brazil’s Senate Constitution and Justice Committee approved a proposal expanding the central bank’s financial and administrative autonomy, including exclusive authority over Pix regulation and limits on transferring the payments system to another entity. Trade groups for banks, fintechs and payment companies publicly supported stronger central bank supervisory authority.

Finance & Banking · 2 days ago

ECB temporarily restricted Revolut from launching new EEA products and ordered external review

The European Central Bank halted new product launches by Revolut’s European arm across the European Economic Area last summer, according to notifications made in July 2025. The bank also required an independent review and asked Revolut’s board to examine how future launches could affect capital, liquidity and internal approvals.

Central Banks & Policy · 2 days ago

Bank of Canada Keeps Overnight Rate at 2.25% as Growth Weakens and Inflation Stays Elevated

The Bank of Canada left its overnight rate unchanged at 2.25%, saying weaker economic activity and higher inflation complicate policy decisions. Officials said inflation is expected to be near 3% in coming months, broad-based price pressures from energy remain limited, and growth is projected to resume in the second quarter while economic slack persists.

Central Banks & Policy · 3 days ago

RBI launches 1.5% dollar-rupee swap window for PSU ECBs, banks’ overseas borrowings and FCNR-B deposits

The Reserve Bank of India introduced a US dollar-rupee forex swap facility on June 8, letting eligible banks swap dollars at the FBIL reference rate and reverse at 1.5% per year, up to five years. It applies to PSU external commercial borrowings, banks’ overseas foreign currency borrowings, and certain FCNR-B deposits raised within specified windows.

Central Banks & Policy · 3 days ago

Bank Indonesia lifts benchmark rate to 5.50% in unscheduled move to support rupiah

Bank Indonesia raised its benchmark BI Rate by 25 basis points to 5.50% at an off-cycle meeting, citing a larger-than-expected rupiah decline since the last policy decision. The central bank said the move aimed to stabilize the exchange rate amid global volatility, attract foreign capital inflows, and help keep inflation within its target range.

Central Banks & Policy · 3 days ago

Bank Indonesia delivers surprise 25-bp rate hike to 5.50% as rupiah hits record lows

Bank Indonesia raised its benchmark rate by 25 basis points to 5.50% in an unexpected off-cycle move after the rupiah weakened more than anticipated and hit 18,190 per U.S. dollar. The central bank set the deposit facility at 4.50% and the lending facility at 6.25%, and announced measures aimed at supporting the currency and foreign inflows.

Deals & Capital Markets · 4 days ago

Blackstone Markets Over $2B in Private Fund Interests via Bond-Backed Structure, FT Reports

Blackstone Inc is seeking to sell more than $2 billion of stakes it holds in private investment funds, according to the Financial Times. The firm is marketing a collateralized fund obligation that would bundle interests in leveraged buyout funds and issue bonds to investors, including insurance companies.

Deals & Capital Markets · 4 days ago

Carlsberg reportedly plans to file draft papers for India unit IPO seeking up to $700 million

Carlsberg A/S is preparing to submit draft documents for an initial public offering of its India business as early as this month, according to reports. The potential listing may raise up to $700 million and could be structured as a secondary share sale. Kotak Mahindra Capital and local units of JPMorgan and Citigroup are said to be advising.

Central Banks & Policy · 5 days ago

PBOC Raises China’s Gold Reserves by 320,000 Ounces; FX Reserves Climb to $3.44 Trillion

China’s central bank increased official gold holdings by 320,000 troy ounces last month, lifting reserves to 74.96 million ounces, according to data released Sunday. China’s foreign exchange reserves rose $31.7 billion to $3.4422 trillion by the end of May. Bullion prices fell in May for a third straight month.