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Indian banks to fortify risk management systems
INDIA - The Reserve Bank of India (RBI) has asked the commercial banks in the country not to depend entirely on the certificates issued by the chartered accountants on the financial health of corporate borrowers.
Cen bank dollar-buying boosts Thailand's reserves
THAILAND - Thailand's foreign reserves jumped by nearly 2% to a five-year high last week, official data showed on Friday, as the country's central bank bought dollars to slow a rise in the Thai currency.
Howard backs Australian economy
AUSTRALIA - Prime Minister John Howard said Monday that the Australian economy was strong and resilient. The PM also expressed confidence in the Reserve Bank of Australia.
Bank of Greece - Annual Report 2001
ANNUAL REPORT - The Bank of Greece has published its Annual Report for the year ended 2001.
Bank of Uganda - Annual Report 2000-2001
ANNUAL REPORT - The Bank of Uganda has published its Annual Report for the year ended 2000-2001.
Central Bank of Kenya - Annual Report 2001
ANNUAL REPORT - The Central Bank of Kenya has published its Annual Report for the year ended 2001.
Czech National Bank - Annual Report 2001
ANNUAL REPORT - The Czech National Bank has published its Annual Report for the year ended 2001.
Bangladesh Bank - Annual Report 2000-2001
ANNUAL REPORT - The Bangladesh Bank has published its Annual Report for the year ended 2000-2001.
Central Bank of Chile - Annual Report 2001
ANNUAL REPORT - The Central Bank of Chile has published its Annual Report for the year ended 2001.
Fed Views from the San Francisco Federal Reserve
PUBLICATION - John Williams, Research Advisor at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook, 12 July.
The Way Ahead
ARTICLE - A Commentary by Thomas C. Dawson, Director, External Relations Department, International Monetary Fund, Far Eastern Economic Review, 25 July.
European Central Bank Press Release
PRESS RELEASE - Euro Area Securities Issues Statistics, May 2002. Released 22 July.
Philadelphia Fed Business Outlook Survey
REPORT - Results from July's Business Outlook Survey reflect a slower pace of activity in the region's manufacturing sector. Although most current indicators fell from their readings in June, the major indicators of output remain positive for the seventh…
French farce
ARTICLE - Jean-Claude Trichet faces new obstacles in his quest to head the ECB. Whoever said central banking was dull? asks the Economist, 18 July.
MAS says recession is officially "over"
SINGAPORE - Singapore's worst and longest recession is over. The shrinkage actually ended abruptly on 31 December, the Monetary Authority of Singapore (MAS) said Thursday.
Prosecutors confirm no appeal on Trichet
FRANCE - The Paris prosecutor's office has confirmed that it will not appeal a summons issued to Jean-Claude Trichet, governor of Banque de France, to appear in court on charges of complicity in false accounting.
Argentine rescue
FEATURE - Next week, four wise men are off to Buenos Aires. Their mission is to help Argentina's government and the International Monetary Fund to reach agreement on a programme of economic recovery. If they are to succeed, they must inject a sense of…
Increase in money returned by Pakistani's abroad
PAKISTAN - Remittances from Pakistanis living overseas more than doubled in the financial year that ended last month - their most robust growth for years, the State Bank of Pakistan said on Thursday.
BOJ head sees few reasons for further dollar fall
JAPAN - Bank of Japan Governor Masaru Hayami said on Friday that the dollar, whose weakness against the yen has alarmed Japanese authorities, did not have much reason to fall further.
New governor - Central Bank of Trinidad and Tobago
TRINIDAD AND TOBAGO - The Central Bank of Trinidad and Tobago has a new governor. Ewart S. Williams has been appointed Governor of the Central Bank for a period of five years starting 17 July. He replaces Governor Winston Dookeran who completed his term…
Canada auditors get new monitor
CANADA - Canadian securities regulators and accountants have formed a new body to address investors' lack of confidence in financial statements.
Fear and Loathing of Central Banks in America
RESEARCH - Research from the Federal Reserve Bank of Cleveland, by Michael Bryan and Bruce Champ, June 2002. In the paper the author's call the Federal Reserve "America's uneasy compromise between our wariness of concentrated financial power and our…
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 11 and 12 June 2002, released 19 July. A few members remarked that the Bank should make clear its intention to continue the current monetary easing stance because it was important to…
C Bank of Trinidad and Tobago - Annual Report 2001
ANNUAL REPORT - The Central Bank of Trinidad and Tobago has published its Annual Report for the year ended 2001.