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Next phase of BoE RTGS project aims for atomic settlement
New platform settled £778 billion on first day of operation, deputy governor says
Pakistan points to progress on inflation, reserves and growth
Central bank says tight monetary policy and IMF support will underpin recovery, but risks remain
Eurozone fiscal policies grew real GDP, dampened inflation – ECB
However, Covid-era policies led to higher deficits and debt in years following pandemic, research finds
‘Liberation day’ likely to cause US recession – NBER study
Paper sets out conditions for tariff-driven downturn and says US is likely to meet them
Lebanon to introduce new banknotes
Parliament authorises issuance in response to high inflation and long-term depreciation of pound
BIS, SNB and World Bank advance promissory note tokenisation
Six other central banks tested the blockchain technology
BIS, ECB, BoE develop synchronised cross-border FX transactions
BIS says Project Meridian FX reduces liquidity, credit and settlement risk
Bank lending in Ukraine continues to grow, despite conflict
NBU survey reports demand from businesses and households is up, though loan quality may be slipping
Knot becomes ‘cautious believer’ in euro internationalisation
DNB chief says EU’s institutions must be robust and its finances sustainable if it’s to attract investors
Turkey and Kazakhstan agree currency swap line
Central bank governors sign deal worth $730m in Washington
Danish krone becomes fully integrated into Target
National Bank of Denmark becomes first non-eurozone central bank to join Tips and T2 systems
Strong economy will protect India from trade tensions – RBI
Bank derives optimism from service exports and lower food prices in latest State of the Economy report