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BoE keeps rates on hold
UK - The Bank of England left interest rates unchanged on Thursday, as widely expected, amid concerns over a weak economic recovery and continuing volatility in stock markets.
Argentina - IMF send draft intent letter next week
ARGENTINA - The IMF is to send Argentina a draft letter of intent next week to agree terms for aid to the recession-wracked nation , Cabinet Chief Alfredo Atanasof said on Thursday just as aid hopes had appeared to fade.
Bank of Japan Research Papers
RESEARCH - How Should the Recent Increase in Japan's Monetary Base Be Understood?, Bank of Japan, Policy Planning Office, 5 September.
IMF assessment of Macau's financial regulation
REPORT - Macao SAR, Assessment of the Regulation and Supervision of the Financial Sector, International Monetary Fund, Monetary and Exchange Affairs Department, 3 September.
Bank of England News Release
NEWS RELEASE - Bank of England Maintains Interest Rates at 4.0%, 5 September.
Offshore Financial Centers
REPORT - The Assessment Program: An Information Note, Prepared by the Monetary and Exchange Affairs Department, IMF, 29 August.
Bank of England names new Deputy Governor
UK - Weeks of speculation ended on Tuesday as the UK chancellor, Gordon Brown, named Sir Andrew Large, a former merchant banker and City regulator, as deputy governor of the Bank of England.
Row rattles Venezuela's economic recovery effort
VENEZUELA - A bitter row among Venezuela's top economic policy makers on Tuesday threatened to scuttle attempts to revive the nation's flagging economy just weeks before a senior minister heads to the United States to rally financial backing.
Australia leaves rates on hold as economy eases
AUSTRALIA - Australia's central bank left rates on hold for the third straight month Wednesday, a day after the release of June quarter figures showing lower than expected economic growth.
New currency for Afghanistan
AFGHANISTAN - Afghan President Hamid Karzai on Wednesday said his government would replace its troubled afghani currency with new banknotes in a bid to bring stability to volatile exchange markets.
China, Macao agree to provide $ deposit exchange
CHINA - The Bank of China and the Monetary Authority of Macao (MAM) signed a cooperative agreement on Wednesday to provide Macao dollar deposit and exchange services.
SDG unveil software to detect money laundering
INDIA - SDG Software Technologies, a Hyderabad-based surveillance software solutions provider for the financial markets, has developed BankAlert - anti-money laundering software - targeting various financial institutions including central banks and…
Gov't lifts demand deposit freeze - Argentina
ARGENTINA - Argentina's government will begin to lift the freeze on demand deposits to facilitate transactions in the depressed economy, local broadsheet La Nacion reported.
Sharp growth in Pakistan surplus
PAKISTAN - Pakistan's current account surplus in the past financial year (July-June) soared to a record $2.74bn (€2.79bn, £1.77bn), up from $326m the year before, officials at the central bank in Karachi said Monday.
Eichel unveils new financial taskforce
GERMANY - Hans Eichel, Germany's finance minister, announced on Tuesday the creation of a new financial taskforce to combat balance sheet manipulation by corrupt managers and auditors.
Reserve Bank of Australia News Release
NEWS RELEASE - At its meeting on 3 September the RBA Board decided to leave the cash rate target unchanged at 4.75 per cent, 4 September.
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada keeps target for the overnight rate at 2 3/4 per cent, 4 September.
HKMA Quarterly Bulletin, August 2002
REPORT - The Hong Kong Monetary Authority has published its Quarterly Bulletin for August 2002. The report contains an article Hong Kong's Currency Board Today: The Unexpected Challenge of Deflation.
HM Treasury Press Release
PRESS RELEASE - Appointment of Bank of England Deputy Governor Financial Stability, 3 September. The Queen has been pleased to appoint, under the Bank of England Act 1998, Sir Andrew Large as Deputy Governor (Financial Stability) of the Bank of England…
ECB Working Paper Series
RESEARCH - 'Constructing quality-adjusted price indices: a comparison of hedonic and discrete choice models' by Nicole Jonker, September 2002. The Boskin Report (1996) concluded that the US consumer price index (CPI)overestimated the inflation by 1.1…
3rd Annual Payments Symposium Presentations
PRESENTATIONS - 'Using new technologies to transform the future of payments', sponsored by the Federal Reserve Bank of Cleveland, Columbus Marriott Northwest, Ohio, held between 6-7 June 2002.
Chicago Fed Letter, September 2002
PUBLICATION - The September 2002 issue of Chicago Fed Letter looks at how inequality is perpetuated over generations and how financial constraints among low income families may contribute to this cycle.