lending

Turkey's central bank raised its overnight lending rate by 50 basis points in a bid to prevent a slide in the lira. more...

China's foreign exchange reserves grew at a surprisingly tepid clip last quarter to $3.2 trillion after the stockpile suffered a drop of nearly $61 billion in September on an outflow of speculative funds and a skidding euro. more...

Paul Day, chief strategist at Market Securities, told CNBC that dollar lending by central banks would not solve Europe's problems. "This is obviously an issue to do with liquidity, rather than solvency," he said. more...