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SA Reserve Bank hits back at its critics
SOUTH AFRICA - The Reserve Bank has mounted a counter attack against bankers who told the rand commission that the rand's crash last year was caused in part by the Bank's October circular enforcing exchange controls more strictly.
Greece looks for Papademos replacement at cen bank
GREECE - Greece is likely to pick Panagiotis Thomopoulos or Nick Garganas, both deputy Bank of Greece governors, to succeed Lucas Papademos as head of the country's central bank, the Greek press said on Monday.
ECB's Duisenberg-euro's reserve role slowly rising
SPAIN - The euro's use as an international currency is rising but only gradually, European Central Bank President Wim Duisenberg said on Sunday.
No compromise on Bank of Israel law
ISRAEL - Parliament will be asked this week to approve a redefinition of the Bank of Israel's powers that the central bank opposes.
Interview with a regulator
FEATURE - Interview with Jeremy Cox, Supervisor of Insurance, Bermuda Monetary Authority. Originally published in the Asia Insurance Review on Monday.
EU to warn Kabul on monetary framework
AFGHANISTAN - European Union foreign ministers will today warn the Afghan government it can expect little in the way of budgetary support unless the government starts establishing a transparent fiscal and monetary system.
Russian c bank dep head tipped for new appointment
RUSSIA - Russian Central Bank first deputy chairperson Tatyana Paramonova may become head of Sberbank [Russian Savings Bank], the Gazeta paper says in today's issue.
Greek to be Europe's number two banker
GREECE - Greek central banker Lucas Papademos, the hot favourite for the job, has been appointed vice president of the European Central Bank.
Bank chief explains UK euro delay
UK - Sir Edward George, the governor of the Bank of England, has placed the loss of control over interest rates as a major reason behind the UK's reluctance to adopt the euro.
Inflation Targeting and the Inflation Process
RESEARCH - Reserve Bank of Australia Research Discussion Paper - Inflation Targeting and the Inflation Process: Some Lessons from an Open Economy by Guy Debelle and Jenny Wilkinson, Published in January 2002.
Remarks on the IMF Mission in Argentina
PRESS BRIEFING - Introductory Remarks on the Role of the IMF Mission in Argentina, Anoop Singh, Director for Special Operations, IMF, Press Briefing, Buenos Aires, 10 April, 2002.
Sveriges Riksbank - Annual Report 2001
ANNUAL REPORT - Sweden's central bank published its Annual Report for the year 2001 on 10 April.
Speech by William Poole, St Louis Fed Bank, 11 Apr
SPEECH - In the speech titled 'Inflation, Recession and Fed Policy' Poole said low inflation is essential to make necessary monetary policy changes and to support economic growth.
Speech by Svein Gjedrem of Norges Bank, 5 Apr
SPEECH - Gjedrem said in the speech titled 'Monetary policy and the outlook for the Norwegian economy' that high credit growth posed a risk to the Norwegian oil-backed economy. "The debt level in the households is increasing sharply," he said at a…
Speech by Svein Gjedrem of Norges Bank, 21 Mar
SPEECH - In the speech titled 'The economic situation in Norway' Gjedrem reiterated that the oil-backed economy was likely to escape a global downturn saying that "the effects of the global downturn on the activity level in Norway have been limited".
Vietnam appoints two new c bank deputy governors
VIETNAM - Vietnam's Prime Minister Phan Van Khai has appointed Phung Khac Ke and Vu Thi Lien as deputy governors of the State Bank of Vietnam, a central bank official said Friday.
Israel sees no progress on central bank reform
ISRAEL - The Bank of Israel said Thursday that no significant progress had been made in reaching a compromise on the Finance Ministry's plan to amend the law governing the central bank.
Papademos has strong support for ECB job - Rato
SPAIN - Many euro zone finance ministers back Bank of Greece Governor Lucas Papademos to replace European Central Bank Vice President Christian Noyer, Spanish Economy Minister Rodrigo Rato said on Friday.
G-7 finance deputies meet in London
UK - Deputy finance ministers of the Group of Seven industrial nations gathered here Thursday to decide on the topics for a meeting of G-7 finance ministers and central bank governors, to be held later this month.
Floating ex affects competitiveness, says Franco
BRAZIL - Gustavo Franco, ex-president of BC (Brazilian Central Bank) said at a seminar Thursday in Sao Paulo, that the floating exchange now adopted by the federal administration may be a problem for Brazilian companies to keep competitive, and may…
UK and Germany in banking supervision move
GERMANY - The German and British governments are combining forces to head off any move by the European Central Bank to take the leading role in banking supervision in the European Union.
UK MPC member says further rate cuts not ruled out
UK - UK interest rates may still fall again if the world economy takes a turn for the worse, while the first increase in borrowing costs could be some way off, a member of Britain's monetary policy team told the Times.
Deutsche Bundesbank, Annual Accounts 2001
REPORT - Annual Accounts of the Deutsche Bundesbank for 2001, Offprint from the Annual Report for 2001.
Speech by Eugenio Domingo Solans, ECB, 12 Apr
SPEECH - Gabriel Quiros said in a speech made on behalf of Eugenio Domingo Solans that it seems indisputable that we have made progress - in particular since the launch of the euro - towards an integrated financial market structure.