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Euro dips on Eichel comments
The euro dipped yesterday to its lowest London closing price against the dollar since September's joint central bank intervention. This followed comments by German finance minister Hans Eichel that the lack of policy coordination could lead the euro to…
Jaime Caruana forecast 2% inflation in 2001
Jaime Caruana, who replaced Luis Angel Rojo as Bank of Spain governor earlier this year, predicted that Spanish inflation would remain nears its 2% limit over the next year.
Mongolia bank chief outlines core fiscal policy
The core of the fiscal policy for 2001 is to concentrate huge flow of cashoutside the bank operation or facilitate their flow through banks, saidBank of Mongolia governor O. Chuluunbat.
Reserve Bank of New Zealand - Annual Report 2000
The Reserve Bank of New Zealand has published its 2000 annual report.
Montenegro to found central bank
The Montenegrin authorities announced that they are forming a central bank to become the republic's independent organisation responsible for monetary policy, establishing and maintaining a healthy banking system, and effective payment operations.
The Zero Bound in an Open Economy
A very interesting paper by Professor Svensson (Lars.Svensson@iies.su.se) going against the grain oftraditional theories of the cause and solution of Japan's economicdifficulties.
Risk Management in Danmarks Nationalbank
This article by Ib Hansen and Christian Olgaard, in line with the National Bank of Denmark's transparency policy, takes an inside look at the way the bank manages financial market risks.
Survey on women in central banking
CentralBankNet has carried out a survey of prominent female central bankers. In total, there are eight women who head central banks (out of a total of 172). CentralBankNet also lists other prominent female central bankers.
New monetary policy instrument in Croatia
The Croatian National Bank has decided to introduce unified obligatory reserve requirements on kuna and foreign currency deposits.
The Politics of Central Banks
Book Review: "The Politics of Central Banks" by R. Elgie and H. Thompson (Routledge, 1999) 200pp, £60, ISBN 04151442
Monetary and Exchange Rate Policies
Book Review: "Monetary and Exchange Rate Policies, EMU and Central and Eastern Europe" by D. Begg, L. Halpern, C. Wyplosz (Forum Report of the Economic Policy Initiative (EPI)), (Centre for Economic Policy Research (CEPR), 1999) 108pp, £25, ISBN…
Foreign exchange settlement risk
The Basel Committee on Banking Supervision just issued a revised version ofits guidance for supervisors on managing the settlement risk arising fromforeign exchange transactions.
Latin America: Future inflation convergence
Leonardo Leiderman, head of Latin American Research at Deustche Bank and former head of research at the Bank of Israel, gives a report on the move towards inflation convergence in Latin America.
Roth to be new chairman of SNB
Jean-Pierre Roth was chosen to be the next chairman of the Swiss National Bank when Hans Meyer steps down at the end of the year. But the decision was not without controversy. In an unprecendented move, the Swiss finance minister overruled the SNB's…
Jean-Jacques Rey retires from Belgium central bank
Jean-Jacques Rey, a director of the National Bank of Belgium since 17 September 1988, is retiring on 17 September of this year. His current term of office is coming to an end and, at his own request, will not be renewed.
Evolution of the Reserve Bank of Australia
In its annual report published this month, the Reserve Bank of Australia in a one-off special feature takes a historical look at the development of the RBA over the last 40 years. It looks at the changing function of the RBA, and how this is reflected…
RBF announces relaxation of monetary policy
The Reserve Bank of Fiji has further relaxed monetary policy foolowing the resolution of the coup which began in May earlier this year. GDP is forecast by the central bank to fall by up to 15% this year.
Conference on future challenges to central bankers
To commemorate the establishment of the Tun Ismail Ali Chair in Monetary and Financial Economics at the University of Malaya, Bank Negara Malaysia organised a high level conference aimed at discussing issues and challenges facing central banks and policy…
South African central bank governor robbed
Governor of the South African Reserve Bank, Tito Mboweni, was the victim of an armed robbery while he was a petrol station. They stole Mboweni's mobile phone. Fortunately, no one was injured.