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Central Bank of Cuba is 50 years old

Today was the final day of celebrations of the 50th anniversary of the Central Bank of Cuba. The ceremony was held in the centrally located Melia Cohiba Hotel and was attended by 160 officials from 122 central banks and financial organisations from 70…

T K Alweendo: Prospects for growth in Namibia

Today Mr T K Alweendo, governor of the Bank of Namibia, gives his annual lecture, held in Windhoek. This year's subject matter is growth and employment or unemployment, depending whether you are anoptimist or a pessimist, joked the governor in his…

BOT takes new swipe at baht speculators

The Bank of Thailand (BOT) has introduced another measure to discourage baht speculation that will limit how much Thai currency may be bought without underlying transactions, and it says it plans to monitor non-resident baht accounts more closely.

Removal of Hugary cenbank head now official

The head of the National Bank of Hungary (MNB) will leave his office on March 1 next year, and changes to the Central Bank Act will be worked out in cooperation with the new governor, Prime Minister Viktor Orban said in an interview with the public…

Managing foreign debt and liquidity risks

A small group of senior central bankers from the emerging markets met at the BIS for two days in December 1999 to discuss the management of foreign debt and liquidity. A book containing the papers discussed at the seminar has now been released on the BIS…

Easing of Yugoslav sanctions by BOE

The Bank of England has eased financial sanctions against the Federal Republic of Yugoslavia and Serbia following the publication of an EC regulation.

Kurt Schuler on monetary sovereignty

Kurt Schuler, who works in the US Senate’s joint economic committee and one of the leading experts on currency boards and dollarisation, has just released on his website a new paper he has written on monetary sovereignty.

Women in central banking

In continuation of Centralbanknet's survey of prominent female central bankers, we would like to thank all of those who sent this week's names to us. Are central banks better places for women to develop their careers than in the private sector? Any views…

Balcerowicz best for top central bank post

Poland's liberal former finance minister Leszek Balcerowicz would be the best candidate to replace Hanna Gronkiewicz-Waltz, the outgoing central bank governor, Poland's deputy premier told the best-selling Gazeta Wyborcza daily on Thursday.

US bought 1.5 bn euros in Sept. 22 intervention

The US monetary authorities intervened in the foreign exchange markets on one occasion during the third quarter, on 22 September, buying a total of 1.5 bn euros, the Federal Reserve Bank of New York said today in its quarterly report to the US Congress.

Algerian bank chief sees 3.8% 2000 growth

Algeria's oil-dominated economy is expected to achieve 3.8% growth this year, up from 3.2% in 1999, central bank governor Abdelwahab Keramane told parliament last week. FX reserves have also been boosted.

Gronkiewicz-Waltz at the EBRD

In an interview with a Polish business journal, the Governor of the National Bank of Poland talks about her decision to leave the central bank and what her future duties at the EBRD will be.

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