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MAS says increased S$ volatility not expected
The Monetary Authority of Singapore said it does not expect greater volatility in the Singapore dollar as a result of the revaluation of the yuan and ringgit.
HK's Acting Financial Secretary welcomes reform
In response to the announcement made by the People's Bank of China Thursday evening, Hong Kong's Acting Financial Secretary, Stephen Ip welcomed the latest reform to the renminbi exchange rate regime.
Central bankers support China's move on yuan rate
The Group of Seven leading industrial nations on Thursday praised China's decision to revalue its yuan currency and said it would help the global economy.
Interview with PBOC's spokesman on exchange rate
Following the announcement by the People's Bank of China that the country will implement a regulated, managed floating exchange rate system based on market supply and demand, the People's Daily Online edition carried an interview with the PBOC's…
China's currency conundrum
This article published on Thursday says that China's decision to revalue its currency by 2.1% and introduce a new currency basket for determining future exchange rate moves is an important step in the evolution of the country's monetary policy and…
Fed's Kohn on monetary policy perspectives
In the speech 'Monetary policy perspectives on risk premiums in financial markets' given on 21 July Donald Kohn of the Federal Reserve said that greater transparency at the U.S. central bank may have led to less uncertainty in financial markets and…
FOMC Minutes, 29-30 June
Minutes from the Federal Reserve's 29-30 June meeting published on Thursday 21 July showed policy-makers agreed that they had to be specially vigilant for signs of rising inflation and that they needed to keep raising interest rates.
Monetary policy predictability in the euro area
The ECB Working Paper "Monetary policy predictability in the euro area: an international comparison" published Thursday evaluates the ability of market participants to anticipate monetary policy decisions in the euro area and in 13 other countries.
Bernanke won't advise on Fed chairman choice
Ben Bernanke said on Monday he will not be involved in advising President George W. Bush on whom he should pick to succeed Alan Greenspan as chairman of the Federal Reserve.
Venezuela's Rojas enters race for IADB chief
A Venezuelan candidate has emerged to further complicate the contest to elect a new head of the Inter-American Development Bank.
Former Reserve Bank of India governor dies
Former governor of the Reserve Bank of India Indravadan Gordhanbhai Patel, died in a New York hospital on Sunday night, family sources were quoted as saying.
Former Central Bank of Malta governor dies
Anthony Galdes, who headed the Central Bank of Malta from 1987 to 1993, died this week aged 74, after a lifelong commitment to public service.
Interview with St Louis Fed's Poole
In an interview published this week Federal Reserve Bank of St Louis president William Poole said the U.S. economy is on solid ground, inflation is under control and market forecasts for higher Federal Reserve interest rates are reasonable.
BSP appoints Guinigundo deputy governor
Bangko Sentral ng Pilipinas governor Amando M. Tetangco, announced the appointment of economist Diwa Guinigundo, 51, on Thursday as deputy governor of the BSP's Monetary Stability Sector.
SARB's Mboweni on the South African economy
In a speech given on 18 July, Tito Mboweni of the South African Reserve Bank said the path of the rand, although volatile during some periods, has remained relatively stable over the past couple of months.
CBI begins 45th annual general assembly
The 45th annual general assembly of the Central Bank of Iran (CBI) commenced in Tehran on Thursday 21 July with President Mohammad Khatami presiding over the session.
China repegs yuan to basket of currencies
The People's Bank of China (PBoC) said on Thursday 21 July that it has scrapped the yuan peg to the US dollar and repegged the Chinese unit to a basket of trade-weighted currencies.
OECD Secretary-General pleased by China move
OECD Secretary-General Donald Johnston made a statement in reaction to China's announcement Thursday 21 July to remove its currency's fixed peg to the US dollar.
Malaysia scraps ringgit peg to the dollar
Bank Negara Malaysia announced Thursday 21 July that it is scrapping the ringgit's seven-year old peg to the dollar and moving to a managed float against a basket of currencies with immediate effect.
Japan welcomes China yuan decision
Japan welcomed China's decision on Thursday 21 July to end its currency's peg to the U.S. dollar and other Asian officials said they were closely watching developments.
People's Bank of China: Statement on exchange rate
The People's Bank of China released a statement on Thursday 21 July following the announcement that it is revaluing its currency and scraping the yuan's decade-old peg to the dollar in favour of a basket of currencies.
Federal Reserve's Monetary Policy Report, Jul 2005
The Federal Reserve published its July 2005 Monetary Policy Report to the Congress on Wednesday 20 July. The U.S. economy continued to expand at a solid pace over the first half of 2005 despite the restraint imposed on aggregate demand by a further rise…
Bank of Finland - Annual Report 2004
The Bank of Finland has published its Annual Report for the year ended 2004. The world economy experienced a period of rapid growth in 2004, the report notes. International trade, in particular, grew at an exceptionally fast pace.
Risk management and regulation in banking
A joint workshop by the Basel Committee on Banking Supervision, the Centre for Economic Policy Research (London), and the Journal of Financial Intermediation, will be held at the Bank for International Settlements, Basel, Switzerland, 29-30 June 2006.