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Exporting benefits labour productivity
Exporting increases firms' labour productivity, finds a new paper from the Central Bank of Turkey.
SWFs do not distort asset prices
Investments by sovereign wealth funds that are not economically motivated will not distort asset prices, finds new research from the European Central Bank.
Russia embraces euro
The euro has gained in importance in Russia as an anchor and reserve currency, according to a new paper from the European Central Bank.
Fiji: use electronic payments system more
Bank customers need to use Fijiclear, Fiji's electronic payments system, more, said Sada Reddy, the deputy governor of the country's Reserve Bank.
Peru to be an economic success story
The probability that Peru becomes an economic success story in the next ten years is very high, says a new paper from the Central Bank of Peru.
GCC inflation is imported
Inflation rates in trading partners are the main driver of price pressures in Saudi Arabia and Kuwait, finds a new paper from the International Monetary Fund.
HKMA: China should step up tightening
The increase in headline inflation in mainland China calls for additional monetary tightening measures, said Hans Genberg, an executive director of the Hong Kong Monetary Authority.
Serbia's Jelasic: more e-payments competition
The National Bank of Serbia wants to strengthen competition in payment transactions by supporting non-bank institutions, such as mobile operators, said Radovan Jelasic, the governor of the central bank.
ECB hints at rate pause for coming months
Jean-Claude Trichet, the president of the European Central Bank (ECB), indicated on Thursday that eurozone rates were now high enough to bring inflation back to target.
Korea unexpectedly raises rates
The Bank of Korea raised its benchmark rate to an eight-year high on Thursday in a surprise move.
We've got money to burn: Hungary
The National Bank of Hungary is offering bricks made up of its cancelled banknotes for charities to burn for fuel.
RBI to introduce currency futures
The Reserve Bank of India is set to introduce currency futures after finalising rules to sell the instruments on Thursday.
Corrigan report calls for risk overhaul
A study group headed by Gerry Corrigan, a former New York Fed chief, has urged all major financial institutions to make wide-ranging and far-reaching changes to the way they handle risk.
Nigeria presses banks to post loan costs
The Central Bank of Nigeria is enhancing transparency for the country's consumers by requiring banks to disclose their loan costs and deposit rates on the internet.
US should follow IMF's lead on SWFs
US lawmakers heading a working group on sovereign wealth funds have deemed the International Monetary Fund, not the US Congress, the appropriate forum for addressing funds' transparency and accountability.
Analysts split on FOMC outlook
The decision to hold rates at 2% was widely expected, but the Federal Open Market Committee's post-meeting statement has divided Fed watchers.
Europe the best-regulated region: IMF
European authorities lead the world in regulation, says new research published by the International Monetary Fund (IMF).
Bankruptcy delays foreclosure
Filing for personal bankruptcy adds a little over a year to a foreclosure process, finds a new paper from the Philadelphia Federal Reserve.
Bank's risk forecasts not effective
The Bank of England's risk forecasts for inflation do not perform well, finds new research from the Deutsche Bundesbank.
Monetary transmission - markets compared
Monetary transmission mechanisms in emerging markets work with a shorter time lag than those in developed countries, according to a new research from the International Monetary Fund.
Philippines' Tetangco praises microfinance
Microfinance is no longer a "mere buzzword" but part of the financial mainstream, said Amando Tetangco, the governor of the Central Bank of the Philippines.
Kuwaiti deputy quit in July - report
Nabeel Ahmad al-Mannae, the deputy governor of the Central Bank of Kuwait, quit in July, say reports.
Indonesia pulls policy levers to curb inflation
Bank Indonesia combined its fourth-straight rate rise with exchange-rate and liquidity measures on Tuesday in a bid to tackle inflation, now in double digits.