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Wahid wants new Bank Indonesia board of governors
Indonesia's president Abdurrahman Wahid said Friday he has asked parliament to appoint a new board of governors for Bank Indonesia before the government injects fresh capital to the nation's central bank.
Interview with Romanian central bank vice governor
"Given Romania's objectives of adherence to the European Union over this decade, I think we need to improve the image of the euro currency," vice governor of Romania's central bank, Cristian Popa, told the Cronica romana daily.
Japan needs easy monetary stance, says IMF
Japan's economy still has a problem with deflation, and the central bank should keep its easy monetary policy for a while longer, a senior official at the International Monetary Fund (IMF) said on Friday.
Mersch-M3 scrutiny still key in ECB rate decisions
Luxembourg central bank chief Yves Mersch, a member of the European Central Bank council, on Friday said that scrutiny of money supply retained a key role in the setting of monetary policy.
Five senior Bank Indonesia officials resign
Bank Indonesia issued a press release on Friday saying that acting governor, Anwar Nasution, and some deputy governors would resign because of an ongoing erosion of public confidence in the institution.
Noyer - too early to judge success of intervention
European Central Bank Vice President Christian Noyer said in a lecture titled "How to Enhance the Credibility of the ECB and the Euro" that it was too early to judge the success of the ECB's intervention.
Kenya cenbank says economic growth has slowed
Kenya's economic growth is estimated to have declined to 0.4% in the 12 months to August, from 1.4% in the previous year, the Central Bank of Kenya said.
Thai cenbank's supervision to focus on risk mgmt
Bank of Thailand's supervision department will shift its focus to supervising the risk management of financial institutions early next year, said an official Friday.
Sri Lanka working towards 10 pct capital adequacy
Sri Lanka's central bank governor said on Friday he would work towards raising tier two capital adequacy ratios for commercial banks to 10 percent next year from eight percent now.
Balcerowicz might be seeking Polish cenbank post
Leszek Balcerowicz, the author of Poland's free market reforms in the early 1990s, said on Friday he would quit his political leadership role, amid expectations he will seek the presidency of the National Bank of Poland.
Dlr top world currency but euro gaining-Duisenberg
European Central Bank President Wim Duisenberg said on Friday that the dollar played a leading role among world currencies but the euro was gaining ground, despite initial disappointments.
Svein Gjedrem: Norwegian monetary policy
At a conference held in Copenhagen on 17 November 2000, Mr Svein Gjedrem, governor of the Norges Bank, gives a speech on Norwegian monetary policy. Mr Svein Gjedrem discusses the relationship between the special structure of the Norwegian economy and…
Speech by Antonio Fazio, Governor, Bank of Italy
SPEECH - Speech by Antonio Fazio, Governor of the Bank of Italy at the World Gold Council International Conference "The Euro, the Dollar and Gold" held in Rome on 17 November 2000. The relationship between currencies and gold.
Govt fails to reach crucial deal with central bank
The Indonesia government failed on Thursday to reach a final agreement on a plan to recapitalise the central bank.
Korea's foreign exchange reserves jump to new high
Korea's foreign exchange reserves rose to a new high of $93.38 billion, Nov. 15, up $680 million from the end of October, the Bank of Korea said yesterday.
ECB to publish its economic forecasts
The European Central Bank has decided to publish its internal economic forecasts for the euro-zone to improve the markets's understanding of its monetary policy and dispel criticism of excessive secrecy.
Brazil's Fraga confident in Argentina's recovery
Brazil's central bank chief Arminio Fraga said Thursday he is confident that neighboring Argentina will leave its economic woes behind although there will be no "instant miracle."
Pakistan might adopt Islamic banking gradually
Pakistan may try to convert gradually to a full Islamic banking system rather than make a sudden transformation by the middle of next year - the Supreme Court's deadline to end all interest driven transactions, which are considered contrary to Islam -…
Philippine interest rates to fall by year end
Philippine central bank governor Rafael Buenaventura said on Thursday the bank planned to lower its key overnight rates before the end of 2000 given signs that inflation and the peso had begun to stabilise.
SARB maintains monetary stance
South African Reserve Bank Governor Tito Mboweni Thursday said the central bank's current monetary policy stance would be maintained. This in line with most economists' expectations that interest rates would remain unchanged at the bank's six-weekly…
Launch of Reserve Bank of Fiji website
The Reserve Bank of Fiji has launched its website at http://www.reservebank.gov.fj
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…
Chen: China is a black hole for Taiwan's economy
The economic development in mainland China is a 'black hole' for Taiwan's economy which could drain out all of the capital resources on the island, deputy central bank governor Chen Shih-meng warned Wednesday.
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…