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Russian central bank submits board candidates
The Bank of Russia has submitted Alexei Simanovsky and Mikhail Sukhov to the State Duma as candidates for vacant seats on the central bank's board of directors, Vyacheslav Reznik, chairman of the Duma committee for credit organizations and financial…
Report says Kozlov murder suspects charged soon
Official charges will be brought soon against the suspects recently arrested in relation to the murder of first deputy chairman of the Russian central bank Andrei Kozlov, Interfax quoted Prosecutor General Yury Chaika as saying Tuesday 16 January.
Tarisa says BoT created 'uncertainty'
The Bank of Thailand deliberately created "uncertainty" in the foreign exchange market to drive out speculators from Japan and the U.S. when it imposed curbs on investment, governor Tarisa Watanagase told Bloomberg in an interview Monday 15 January.
Kyodo says BOJ unlikely to raise rates this week
The Bank of Japan is unlikely to raise interest rates at this week's policy meeting, Kyodo news agency reported on Tuesday 16 January, quoting "sources familiar with the matter".
ECB says Slovenia's euro switch successful
Two weeks after the introduction of the euro banknotes and coins, the cash changeover in Slovenia has been successfully finalised in accordance with the plans, the European Central Bank said Tuesday 16 January.
HKMA says real-time bond system ready 5-6 weeks
The real-time settlement system for yuan-denominated bond issues in Hong Kong will be ready in 5-6 weeks, HKMA chief executive Joseph Yam said in Beijing Tuesday 16 January.
Kozlov's murder - the real story
Financing hundreds of thousands of illegal under-the-table deals requires huge sums of money. Every month, in Russia mountains of "black cash", are exchanged illegally behind the scenes. As long as this parallel system of financial settlement exists,…
ECB's Gonzalez-Paramo on Slovenia's euro entry
In the speech 'Welcome to the euro, farewell to the tolar' given on 15 January Jose Manuel Gonzalez-Paramo of the ECB said the introduction of euro cash in Slovenia represented a highly successful continuation of the 2002 cash changeover.
ECB's Trichet says 'Welcome to the Euro'
In a speech at the Celebration "Welcome to the Euro" given on 15 January Jean-Claude Trichet of the ECB congratulated Slovenia for its successful integration with the euro area and the adoption of the euro.
BoE's Sentance on inflation and the UK economy
In the speech 'Inflation and the supply side of the UK economy' given on 16 January Andrew Sentance of the Bank of England warned that the level of domestic demand in the UK needs to restrained in order to bring inflation back to the level targeted by…
Philippines' Tetangco on risk management
In the speech 'Central Bank of the Philippines' initiatives to strengthen risk management practices in banks' given on 6 December Amando M Tetangco, Jr of the Central Bank of the Philippines said BSP initiatives are geared towards simultaneously…
UWE paper on monetary policy uncertainty
It is widely believed that institutional arrangements influence the quality of monetary policy outcomes. Judged on its 'transparency' characteristics, therefore the Bank of England should do better than both the Bundesbank and ECB, according to the…
Court sanctions arrest of Kozlov murder suspect
A Moscow court on Monday 15 January sanctioned the arrest of a banker detained last week in connection with the investigation into the murder of a senior Russian central bank official.
EPCA conference scheduled for May
The 6th International European Payments Consulting Association (EPCA) Conference will be held in Frankfurt on 15 and 16 May 2007. This year's theme is 'Reshaping the European payment landscape: the realistic scenarios'.
Bangladesh names former BB chief as caretaker head
Bangladesh's President Iajuddin Ahmed on Friday 12 January named former central bank governor Fakhruddin Ahmed to succeed him as the chief of an interim administration charged with holding elections, officials said.
Economy minister calls on BoJ to hold rates steady
Japan's economic and fiscal policy minister Hiroko Ota on Monday 15 January called for the Bank of Japan to hold interest rates unchanged ahead of its meeting this week.
PBOC researcher says reserve, rates need adjusting
A People's Bank of China researcher has said in a report that the PBOC needs to raise the reserve requirement again as well as adjust interest rates to rein in liquidity.
Merkel worried by debate on ECB independence
German Chancellor Angela Merkel spoke out on economic issues in an interview Saturday 13 January, defending the independence of the European Central Bank against euro critics and calling for closer ties with the US.
Venezuela plans using reserves to nationalize
This article from Bloomberg, published Thursday 11 January, looks at the recent decision to use Venezuela's international reserves to compensate owners of the telephone, oil and power companies under President Hugo Chavez's plans to nationalize.
ECB paper on the US housing market
The ECB Working Paper 'Regional housing market spillovers in the US: lessons from regional divergences in a common monetary policy setting' seeks to quantify the importance of state-level housing price spillovers and interest rate shocks to house price…
Sweden's Persson on monetary policy
In the speech 'Monetary policy - experiences and thoughts on the future' given on 13 January Kristina Persson of the Sveriges Riksbank said two professors, Francesco Giavazzi and Frederic Mishkin, have examined how well the Riksbank has succeeded with…
ECB's Trichet at € conference Slovenia
In his keynote address at the "€ conference Slovenia" given on 15 January Jean-Claude Trichet of the ECB said Slovenia will enjoy the general benefits of participation in the single currency area, such as no exchange rate risks with respect to its most…
ECB's Tumpel-Gugerell at the Euro conference
In a panel intervention at the Euro conference hosted by Banka Slovenije given on 15 January Gertrude Tumpel-Gugerell of the ECB said now that it has adopted the euro, Slovenia needs to adapt to the absence of an independent monetary and exchange rate…
Boston Fed's Minehan on the economic outlook
In a speech given on 12 January Cathy Minehan of the Federal Reserve Bank of Boston said the US economy appears to be on track for the elusive "soft landing," but rising prices are still the key worry for policymakers at the Federal Reserve.