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Colombia raises rates to 21-month high
Colombia's central bank raised its key intervention rate on Friday to 6.75% from 6.5%. The move was expected by market observers as inflationary pressures have been building through high consumer spending, rapid growth in imports and a sharp increase in…
Canada cancels plan for C$200 banknote
The Bank of Canada has withdrawn a proposal to print a C$200 bill after a survey concluded that there is a significant current of opposition from retailers to its introduction.
Zimbabwe currency swap hits deadline
Zimbabwe's old currency ceased to become legal tender at midnight on 21 August, as the deadline ran out for citizens to exchange their notes for new denominations with three less zeroes.
SADC meeting focuses on trade
Trade in the Southern African Development Community (SADC) will feature high on the agenda at the 14-member body's summit in Maseru, Lesotho.
Fukui says 'more time' needed to hike rates
Bank of Japan governor Toshihiko Fukui told the Kyodo News Agency in an interview that the central bank needs "a little more time" to lift interest rates after it ended its zero-rate policy last month.
China raises rates by 0.27%
The People's Bank of China on Friday 18 August announced increases of 0.27 percent for key lending and deposit rates in an attempt to slow investment and prevent the economy from overheating.
SNB's Blattner to retire in the spring of 2007
The vice-chairman of the Swiss National Bank's Governing Board, Niklaus Blattner, will retire at the end of April 2007, the SNB said on Friday 18 August, adding that a replacement would be proposed within months.
Inflation targeting can boost stability-Bank paper
This article from Reuters, published Thursday 17 August, takes a look at the recent research paper from the Bank of England, co-authored by governor Mervyn King.
India's central bank is not a growth killer
According to this article published Thursday 17 August by Bloomberg, opposition to the Reserve Bank of India's strategy isn't merely academic.
StatsCan miscount adds up to doubts
Following the revelation that Statistics Canada has miscalculated inflation numbers, this article from The Canadian Press, published Thursday 17 August, says experts are now questioning another of the agency's reports.
Central Bank of Egypt - Annual Report 2004-2005
According to the Central Bank of Egypt's Annual Report 2004-2005, economic performance showed an upturn during FY 2004/2005, according to data from the Ministry of Planning.
Reserve Bank of Fiji - Annual Report 2005
According to the Reserve Bank of Fiji's Annual Report 2005, while the Fiji economy posted the fifth consecutive year of growth in 2005, the rate of growth has declined.
Central Bank of The Gambia - Annual Report 2004
According to the Central Bank of The Gambia's Annual Report 2004, real gross domestic product (GDP) grew by a robust 6.6 per cent in 2004, but lower than 8.8 per cent in 2003.
Bank of France - Annual Report 2005
According to the Bank of France's Annual Report 2005, in 2005, France posted economic growth of 1.4%, compared with 2.1% in 2004.
Securities Settlement Service may cut costs
Costs for securities settlement services could fall as much as 20% if the European Central Bank sets up a single platform in the eurozone, a person familiar with the deliberations told Dow Jones Newswires Thursday 17 August.
Venezuela monetary reform pondered
A likely monetary reform in Venezuela is subject to a decision by the Central Bank of Venezuela (BCV), said the National Assembly Finance Committee president Rodrigo Cabezas.
Romanian central bank confident of inflation drop
The Romanian central bank said Wednesday 16 August it is confident of a drop in inflation, while promising to maintain its cautious approach to monetary policy, guarding against the possibility of inflation rising again.
SPEED: the new journal for financial plumbers
SPEED - short for Settlement, Payment, E-money and E-trading Development - is a new journal aimed at all those policy-makers in banks, central banks and system operators who are trying to ensure that the financial infrastructure, often called the …
Report sees slower gold sales
With European central banks unlikely to opt to sell the maximum allowable 500 metric tons of gold in their annual quota, gold prices should benefit from the reduced physical supply, according to a report by London-based consultancy Virtual Metals Ltd.
Yuan volatility may signal appreciation
According to this article published Wednesday 16 August by Reuters, big swings in the dollar/yuan rate over the past three days suggest China's foreign exchange market is becoming freer and more volatile.
Sweden's Srejber on monetary union
In the speech 'Frameworks and stabilisation policy in a monetary union' given on 17 August Eva Srejber of the Sveriges Riksbank said when discussing whether or not to join or form a monetary union, concerns are usually expressed that the countries in the…
BoE paper on the danger of inflating expectations
According to the Bank of England Working Paper "The danger of inflating expectations of macroeconomic stability: heuristic switching in an overlapping generations monetary model" the volatility of inflation and output has fallen in most advanced…
Banking and Payments Authority of Timor-Leste - AR
According to the Banking and Payments Authority of Timor-Leste's Annual Report 2004-2005, economic activity in Timor-Leste picked up in 2004 impacted by favorable crops in agriculture sector and expanded banking activity.
Czech National Bank - Annual Report 2005
According to the Czech National Bank's Annual Report 2005, inflation in 2005 was lower than in the previous year.