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Afghanistan's Delawari notes success on inflation
In an interview with Afghan state-run newspaper Anis, published Thursday 26 October, the acting president of Afghanistan's central bank said the central bank has been successful in keeping the value of afghani stable against foreign currencies and in…
Canada's Dodge on the global economic landscape
In the speech 'The global economic landscape and the implications for Ontario' given on 25 October David Dodge of the Bank of Canada said global economic growth is expected to be a little higher than previously anticipated, but a weaker near-term outlook…
ECB report on supervisory structures
The European Central Bank's "Recent developments in supervisory structures in EU and acceding countries" report finds that at EU level, the period 2003-06 was characterised by an intensified effort to strengthen cooperation among supervisory authorities.
ECB report on EU banking structures
The European Central Bank (ECB) published its annual report on EU banking structures on Thursday 26 October. The report, which has been published each year since 2002, reviews the main structural developments in the EU banking sector in 2005 and until…
Trichet on the ECB's Annual Report 2005
In a presentation of the ECB's Annual Report 2005 to the European Parliament on 26 October Jean-Claude Trichet of the ECB said reiterated that further tightening of ECB monetary policy will be warranted if the eurozone recovery continues in line with its…
ECB's Bini Smaghi on monetary tightening
In the speech 'Three questions on monetary tightening' given on 26 October Lorenzo Bini Smaghi of the ECB said central banks face a difficult task in deciding when to stop tightening monetary policy.
Fiscal indiscipline eroding Swaziland's reserves
A recent report suggests that fiscal indiscipline by the government has eroded Swaziland's foreign reserves in the past years.
McCreevy warns over curbing NBP's powers
Charlie McCreevy, the European Union internal market commissioner, has warned the Polish government in a letter quoted by the Finanical Times on Wednesday 25 October that recent moves to curb the powers of the central bank may "put at risk the stability…
Buba's Weber warns inflation fall is temporary
Bundesbank President Axel Weber said the current decline in inflation rate is temporary and does not necessarily signal a long-term easing of inflationary risks, according to an interview with Tagesspiegel newspaper published Wednesday 25 October.
Ex-PBoC advisor calls for more yuan flexibility
Yu Yongding, a former People's Bank of China adviser said in a speech to investors at a Credit Suisse investment conference on Wednesday 25 October China should introduce more flexibility in the yuan exchange rate to help reduce imbalances in the economy.
France's Breton hopes for ECB rate pause
French finance minister Thierry Breton said in an interview published Wednesday 25 October he hopes for a halt to interest rate hikes by the European Central Bank next year.
BoE's Bean on globalisation and inflation
In the speech 'Globalisation and inflation' given on 24 October Charles Bean of the Bank of England said downplayed the impact on inflation from lower oil prices and warned that policy-makers have to be extra careful not to allow above-target inflation…
IMF paper on a Pacific Island common currency
The IMF Working Paper "Pacific Island countries - Possible common currency arrangement" paper examines the potential advantages and disadvantages of adopting a common currency arrangement among the six IMF member Pacific island countries that have their…
Malaysia's Aziz on Islamic financial markets
In the speech 'New opportunities for growth and development in Islamic financial markets' given on 16 October Zeti Akhtar Aziz of the Central Bank of Malaysia said sound corporate governance and effective management of banking institutions are vital to…
Mexico's Ortiz on emerging economies
In the speech 'The participation of international banks in emerging economies' given on 5 October Guillermo Ortiz of the Bank of Mexico said there seems to be ample agreement about the benefits of globalization as well as the challenges that this new…
HKMA's Yam on one country, two financial systems
In the speech 'One country, two financial systems' given on 20 October Joseph Yam of the HKMA said as the fundamental role of the financial system is financial intermediation the comparison should usefully be made in respect of the three channels of…
CBB brings central banking authority role to fore
According to this article from Arab News, published Sunday 22 October, the establishment of the new Central Bank of Bahrain highlights the issue of the role of a central banking authority in an economy and financial market.
IMF's Ahmed on modernizing the IMF for the 21st C
In the speech 'Modernizing the IMF for the 21st Century' given on 18 October Masood Ahmed of the IMF said the past decade or so has been a particularly challenging one for the Fund and for the 184 countries which are its members.
Mboweni on the SARB and academia
In the speech 'The relationship between the South African Reserve Bank and academia' given on 23 October Tito Mboweni of the South African Reserve Bank said that the country's widening current account deficit posed a risk to the exchange rate of the rand.
Optimal reserve levels in emerging markets
The International Monetary Fund Working Paper "The optimal level of international reserves for emerging market countries: Formulas and applications" presents a model of the optimal level of international reserves for a small open economy that is…
Atlanta Fed paper on cross-border banking
The Federal Reserve Bank of Atlanta Working Paper "Cross-border banking: Challenges for deposit insurance and financial stability in the European Union" examines the implications that alternative regulatory structures may have for resolving failed…
Labour productivity developments in the euro area
This European Central Bank Occasional Paper provides a description and a discussion of some important aspects relating to recent productivity developments in the euro area.
China plots next steps in key financial reforms
China mapped out its next steps in crucial financial reforms on Tuesday 24 October, saying that it would look to make the yuan more flexible and free up interest rates.
BOK chief sees 2007 growth below 5 percent
Bank of Korea (BOK) governor Lee Seong-tae said Monday 23 October the country's economic growth will fall short of 5 percent next year due to the slowing global economy and sluggish domestic demand.