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Iranian vice-president talks about monetary policy
An interview with Dr Mohammad Ali Najafi, vice-president of the Republic of Iran, entitled "Printing bank notes without monetary cover equals the sharp depreciation of the national currency", published by Iranian newspaper 'Hayat-e Now' on 2 November.
Kristinsson leave Central Bank of Iceland
Yngvi Orn Kristinsson has left the monetary department of the Central Bank of Iceland.
Turkish cenbank goes live with real-time DvP SSS
Central Bank of Turkey has gone live with new securities settlement system named ESTS (Electronic Securities Transfer and Settlement System) after three years of development. On October 31, the first day of use, 1,800 securities transactions were settled…
Slow integration of European equity markets
Sir Eddie George, Governor of the Bank of England, said to UK parliamentarians that European equity market integration will take time.
Bahrain develops Islamic banking regulatory regime
The Bahrain Monetary Agency said it has developed a regulatory system for Islamic banking in the island state, and the framework was being considered by banks.
NBP discusses draft payment systems laws
Today the meeting of the National Bank of Poland's payment systems council, a consultative and advisory body of the central bank's management board, discussed draft laws that implement the basic regulations of the European Union in the area of payment…
George says euro is substantially undervalued
Bank of England governor Eddie George said in a speech in Paris on Tuesday that the euro is substantially undervalued in terms of the medium-term 'fundamentals'.
Colombia cenbank sees 2000 inflation 8.5% - 10%
Colombia's central bank said that despite high world oil prices, thecountry is on track to meet the 10% inflation target for this year agreedwith the International Monetary Fund.
John Nugee goes to State Street
John Nugee, the head of reserve management at the Bank of England, has moved to State Street. Paul Chilcott is the new chief reserve manager.
Buenaventura says credit downgrade was harsh
The Philippine central bank said on Friday the move by Standard & Poor's todowngrade its long-term outlook on the Philippines to negative from stablewas harsh.
Polish central banker resigns
Hanna Gronkiewicz-Waltz announced she would leave the Polish central bank inJanuary to become a deputy head of the European Bank for Reconstruction andDevelopment.
Sabirin Sjahril to go on trial quickly
The Jakarta provincial prosecutor's office will soon submit the dossier onsuspended Bank Indonesia governor Sjahril Sabirin to the Central Jakartadistrict court, a prosecutor said last Wednesday.
Ukraine cenbank council backs strong currency
The head of the newly formed Ukrainian central bank council said lastThursday that the body would back a policy of a strong hryvnia currency andfocus on slowing inflation.
Bank of Sudan launches website
Bank of Sudan has launched its new website (http://www.bankofsudan.org). It went live on 23 September 2000.
Monetary policy frameworks in a global context
A new highly recommended book edited by Lavan Mahadeva and Gabriel Sterne has just been published by the Bank of England's Centre for Central Banking Studies.
Market approach to maintaining systemic stability
An article by David Mayes at the Bank of Finland examines a more market based approach to maintaining systemic stability.
The role of payment systems in systemic stability
In May this year there was a high-level payment system workshop held by the BIS' Committee for Payment and Settlement Systems in Mexico. The papers presented at that meeting have now been published.
SARB gets new power on reserves
The South African parliament has given central bank governor Tito Mboweni anew lever of monetary policy, giving him the right to change the definitionof what type of money commercial banks must hold as reserves.