Central Banking staff
Follow Central Banking
Articles by Central Banking staff
Nijathaworn on East Asian financial markets
In the speech 'East Asian financial markets: Some thoughts on the way forward' given on 22 June Bandid Nijathaworn of the Bank of Thailand said financial market development in East Asia has essentially been left to the market.
Zeti at Launch of Prudential BSN Takaful Berhad
In a speech given on 8 August Zeti Akhtar Aziz of the Bank Negara Malaysia said as the financial services industry transitions to a more deregulated and market-driven environment, the regulatory and supervisory approach will continue to evolve into one…
BCEAO - Annual Report 2004
According to the Central Bank of West African States (BCEAO) Annual Report 2004, the WAMU economic dynamics was hindered in 2004 by the fresh outbreak of socio-political strife in Cote d'Ivoire and falling prices of agricultural export commodities.
Federal Reserve - Annual Report 2005
According to the Federal Reserve's Annual Report 2005, the U.S. economy delivered a solid performance in 2005 despite a further sharp increase in energy prices and devastating hurricanes.
Bank of Uganda - Annual Report 2004-2005
According to the Bank of Uganda's Annual Report 2004-2005, annual underlying inflation averaged 4.7 percent over the year 2004/05, well within the government's 5.0 percent target.
Central bank's ex-chief defends ex-Dominican pres
The Dominican central bank's ex-chief has defended ex-president Hipolito Mejia's actions regarding the payment to several depositors during the liquidation of the collapsed Intercontinental Bank, Dominican Today reported.
Communications breakthrough reaps reward for Fed
According to this article from the Financial Times, published Wednesday 9 August, Ben Bernanke will probably be pleased with the muted market reaction that followed the FOMC's latest interest rate decision.
Japan's Abe sees end of deflation in view
Japan's chief government spokesman said Thursday 10 August the end of deflation is "within sight," but did not declare it over in the world's second largest economy.
Lithuania sets sights on eurozone entry in 2009
The Lithuanian government has said that it will pass a euro adoption plan this Autumn, according to a local press report.
Zimbabwe seizes trillions of old notes
State media reported on Wednesday 9 August that Zimbabwe security agents had seized more than Z$10-trillion (about $40m) in old banknotes at the country's main airport in a campaign against money laundering.
PBOC will increase yuan flexibility
The People's Bank of China said on Thursday 10 August that it would gradually increase the flexibility of the yuan's exchange rate and that market forces would play a fundamental role in determining its value.
Fed probably will skip rate increase next month
According to this article published Wednesday 9 August, by John Berry of Bloomberg, the best guess is probably that there won't be a rate increase in the US next month.
Bangladesh Bank's reform agenda: Challenges ahead
According to this article published Wednesday 9 August by The Financial Express, although Bangladesh is an economy with great potential, it is beset with challenges.
Deutsche Bundesbank Monthly Report, July 2006
The Deutsche Bundesbank published the English version of its July 2006 Monthly Report on 10 August. The report said the German economy likely gained momentum in the second quarter, helped by the building industry and an influx of visitors to the soccer…
ECB Monthly Bulletin, August 2006
The European Central Bank published its August 2006 Monthly Bulletin on Thursday 10 August. In the report the ECB said it will raise interest rates further to contain inflation if the eurozone economy develops as it expects.
Central Bank of Turkey - Annual Report 2005
According to the Central Bank of Turkey's Annual Report 2005, the recovery period of the economy continued in 2005 and inflation remained below the end-year target for the fourth time.
Is King readying his pen reluctantly or eagerly?
The UK press has jumped on the admission by Mervyn King that he might soon have to write a letter to the chancellor if inflation climbs above the 3% limit, but such a letter would not be the admission of failure that many imply.
Zeti says guidelines for takaful operators soon
The guidelines set for takaful operators in Malaysia will be issued "soon," according to Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.
Thailand acting to stem baht increase
Thai central bank governor Pridiyathorn Devakula said Wednesday 9 August the central bank has been acting to halt the baht's rise to prevent excessive strength in the currency from hurting exporters.
BOK governor warns of need for further tightening
Bank of Korea governor Lee Seong-tae said in a luncheon speech Tuesday 8 August that Korea should not be fettered by short-term growth figures.
T&T's Williams warns on wage rises
Central Bank of Trinidad and Tobago governor Ewart Williams warned Tuesday 8 August that further salary increases would add to inflation pressure.
China to use ex rate for economic structure
The People's Bank of China said in its monetary policy report released Wednesday 9 August that it will use the exchange rate to adjust the nation's economic structure.
MAS committed to anti-money laundering efforts
The Monetary Authority of Singapore (MAS) has reiterated the country's commitment to the international efforts to fight against money laundering and terrorism funding, Channel NewsAsia report said Tuesday 8 August.
Richmond's Lacker first to dissent under Bernanke
This article published Tuesday 8 August by Bloomberg notes that Federal Reserve Bank of Richmond president Jeffrey Lacker disagreed with the Fed's decision to forgo an interest-rate increase.