Articles by Central Banking Newsdesk
Carstens says ‘quantum leap’ needed to overcome legacy systems
BIS chief says tokenisation, CBDC and unified ledgers could ‘democratise’ finance
BIS unveils new data portal
Bank will hold training courses for journalists wishing to access statistics
RBI’s Das warns banks to avoid ‘exuberance’ as credit surges
Indian central bank tightens macro-prudential policy on consumer credit
Smaller US banks face unequal real estate risk, paper says
St Louis Fed research finds lenders hold 40% to 75% of commercial real estate debt
Riksbank starts open recruitment procedure for board members
New central bank act requires publishing a recruitment profile and an open application process
Singapore, Malaysia and Indonesia launch cross-border payment links
Indonesia and Singapore say they intend to set up local currency settlement framework in 2024
China and Saudi Arabia set up currency swap line
Three-year swap line will provide liquidity to both sides of up to $6.98 billion
Chinese regulators grant Mastercard bank card licence
PBoC gives US firm approval to issue yuan-denominated cards after Xi-Biden meeting
IMF renews Mexico’s flexible credit line
Two-year deal provides Mexico with $35 billion in case of crisis
IMF launches CBDC handbook
More data and methodologies needed to understand impact of all new means of payments
Nigerian central bank warns against cash panic
Central bank ends currency replacement plan as Cardoso pledges more limited role
More female Stem workers could boost Japan’s productivity – study
Tackling gender pay gaps and discrimination against female researchers could accelerate growth
Hong Kong’s currency peg under strain – US report
Hong Kong’s currency peg to the dollar touched its weak side more than 40 times over a year
Paper calls for Sarb to pass reserves to South African government
Report says central bank contingency account appreciated by nearly $8 billion
Strong dollar harms EME bond market liquidity – BIS paper
Dealer intermediation vulnerable to both “original sin” and “original sin redux”
MAS to test “live” wholesale CBDC next year
Central bank chief Ravi Menon backs CBDCs, stablecoins and tokenised bank liabilities as digital money
FDIC to review sexual misconduct and discrimination allegations
Agency promises ‘independent review’ as chair faces charges of improper behaviour
Foreign real estate investment increases employment – research
The authors found the properties are often left empty, but drive up home values and employment
European Commission lowers 2023 GDP growth forecast
EC expects eurozone economy to expand by 0.6% this year
UK inflation falls more than BoE had expected
Housing prices fall year on year for first time since 2012, while energy prices also decline
Supervisors face reputational risk from fraud, Basel Committee says
Surveys shows some forms of digital fraud are rising, but data gaps are “significant”, paper warns
Albania, Armenia and North Macedonia make policy decisions
North Macedonia pauses tightening as Albania’s continues, while Armenia faces 0% inflation
Moldova cuts rates steeply while Romania holds
IMF says Moldovan central bank has largely neutralised second-round effects
Malawi imposes capital controls after devaluation
Central bank devalued kwacha by 30% against US dollar last week