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Speech by Tito Mboweni, RB of South Africa, 24 Apr

SPEECH - At a graduation ceremony speech Mboweni said "At my place of work, the South African Reserve Bank, we operate in a highly internationalised environment. Given our historic past, our recruitment drive has been focused on African, Coloured, Indian…

No need for more transparency at ECB says Noyer

BELGIUM - European Central Bank Vice President Christian Noyer said on Tuesday there was no reason for the time being to increase the banks transparency by publishing minutes of the ECB's closed-door meetings, but did not rule it at some point in the…

Brazil clearance system up and running

BRAZIL - A new Brazilian bank clearance network designed to increase efficiency and reduce risk in the financial system of Latin America's No.1 economy got off to a smooth start on Monday.

BOU forex strategy may be paying off

UGANDA - The Bank of Uganda's (BOU) new strategy of intervening into the foreign exchange market without disclosing amounts sold, seems to be working, reports New Africa News.

An overview of the Federal Reserve System

FEATURE - In an interesting article Hoover's Company Profiles look at the history of the Federal Reserve. The Federal Reserve Act followed the panic which ensued after the failure of New York's Knickerbocker Trust Company in 1907. J. P. Morgan strong…

Speech by Christian Noyer of the ECB, 23 Apr

SPEECH - European Central Bank Vice President Christian Noyer repeated Tuesday that an economic recovery is in place for the euro zone this year, although uncertainty remains about the strength of the rebound. He was giving the introductory statement at…

Speech by Fed Chairman Alan Greenspan, 22 Apr

SPEECH - Federal Reserve Chairman Alan Greenspan said on Monday in a speech titled 'Finance: United States and global' he saw early signs of a recovery in business capital spending but warned that he did not believe the corporate investment rebound would…

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