West African States
BCEAO raises rates 25 basis points amid inflation worries
Move is sixth hike in seven quarters, taking policy rate to 3.5%
People round-up: Breeden promoted to BoE deputy governor
Former Moroccan governor dies; Tonga appoints deputies; and more
West African central bank freezes Niger’s accounts
BCEAO cancels bond issue after military detains elected president
Rates round-up: Australia signals more tightening to come
Guatemala and West African states increase rates, while Jamaica raises reserve requirement
Armenia, Mauritius and West African states raise rates
Bank of Mauritius will move to new monetary policy framework in January
West Africa central bank orders second rate rise of 2022
MPC says drought, unrest and global commodities shocks are driving up inflation
People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months
People: April to June 2022
A round-up of central bankers in the news and on the move during the past three months
Rates round-up: RBI adds 50bp to main rate
Chile announces eighth rate hike; Thai PM reveals rate hold early; and more
West African leaders name new central bank governor
Previous governor departed in April, leaving interim leadership unclear
BCEAO governor becomes vice-president of Côte d’Ivoire
Ecowas president Jean-Claude Brou in line to take over as central bank governor
West African central bank denies devaluation
CFA franc has been pegged to European currency since establishment
West African central bank freezes Mali assets
Regional authorities demand Malian military government hold elections as scheduled
People: Former Malawi governor dies
RBNZ deputy governor departing; new appointments in Nigeria; and more
Monetary unions in the making in Africa
EAC, Ecowas and SADC can adopt practical steps learned from EMU to prepare for their own currency unions
People: Central Bank of West Africa governor reappointed for second term
Koné given second six-year term after successful nine years in office; Oman’s sultan selects new central bank board chairman; and Bank of Korea assistant governor awarded deputy governor position
Ghana’s Addison on banking reform, innovation and the future of the eco
The Bank of Ghana governor speaks about the next steps in banking reform and why West Africa may need more time to start using a common currency
West Africa launches new currency in break with France
New ‘eco’ currency will still be pegged to the euro, but France will have less involvement in the affairs of the West African Economic and Monetary Union
Emerging markets face growing debt risk – IMF paper
One-third of emerging market debt over-valued as low-income countries set to issue more
Eritrean authorities must restore central bank independence – IMF
Macroeconomic situation is “dire” and financial sector needs restoring, IMF says
West Africa announces ambitious new ‘eco’ currency plans
Single currency seems unlikely to be introduced by next year, despite updated launch plans