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RBA's Macfarlane to give speech on 22 March
AUSTRALIA - Reserve Bank of Australia Governor Ian Macfarlane has two speeches scheduled in coming weeks, his first public outings since December.
China raises gold prices in unscheduled move
CHINA - China's central People's Bank of China (PBOC) raised domestic buying and selling prices of 99.99 percent pure gold by an average of 1.42 percent on Wednesday, an unscheduled move outside its regular weekly fixing.
ECB's Noyer questions strong dlr after US tariffs
FRANCE - European Central Bank Vice President Christian Noyer on Wednesday said the U.S. dollar was over valued against the euro and suggested new U.S. steel tariffs were the latest evidence of this.
Central bank independence should be preserved-IMF
UK - The IMF on Wednesday criticised moves in Israel and Poland to limit the independence of their central banks.
Indonesia c bank gov still in post despite verdict
INDONESIA - Indonesian central bank governor Sjahril Sabirin is still in charge of the institution despite being convicted on Wednesday of graft, as an appeal process has yet to take place, a senior official said. Sabirin was not taken into custody.
Indonesia court convicts c bank gov of graft
INDONESIA - An Indonesian court on Wednesday sentenced central bank governor Sjahril Sabirin to three years in jail for corruption over a long-running banking scandal, Reuters reports.
EMU: The End of the Beginning
RESEARCH - 'Hot topics' from the Dallas Fed. This provides a look at the European economic and monetary union so far and covers the introduction of the euro banknotes and coins. Also looks at what the future may hold for EMU.
China's central bank chief unfazed by debt
CHINA - The governor of China's central bank, Dai Xianglong, acknowledged for the first time yesterday that national domestic debt is much higher than official yardsticks have so far indicated, but he said reform and economic growth would alleviate the…
Pakistan's for ex reserves rise to US$ 5.1bn
PAKISTAN - Pakistan's total liquid foreign reserves registered an increase of US$ 40.7 million to $5.10 billion in March as compared to $5.06 billion on 23 February.
Bill seeks changes to central bank act
PHILIPPINES - A senator has filed before the Senate a measure that seeks to amend the charter governing the Bangko Sentral ng Pilipinas (BSP).
Argentina's Duhalde - Working to lift bk limits
ARGENTINA - Argentina is working to lift banking restrictions in the next three months, President Eduardo Duhalde said in a press conference Monday.
Investors in Belgian national bank head for courts
BELGIUM - Banque Nationale de Belgique (BNB) is likely to find itself taken to court by its minority investors, claims Financial News in London.
Australia's Macfarlane moves Reserve goal posts
AUSTRALIA - The Reserve Bank of Australia governor advised the Australian Government against repayments of borrowed US dollars.
India's c bank set to open rep office in Dubai
UAE - State-owned State Bank of India (SBI) is planning to open a representative office in the UAE this year to tap the NRI resources, SBI chairman Janki Ballabh said.
Shiokawa - New anti-deflation steps to be concrete
JAPAN - A new round of anti-deflation steps being prepared by Japan's ruling coalition will likely flesh out the plan to combat falling prices already announced by the government, Finance Minister Masajuro Shiokawa said Tuesday.
Japan to name two businessmen to BOJ board-sources
JAPAN - The Japanese government has provisionally decided to name two businessmen to the Bank of Japan's (BOJ) policy-setting board to replace members whose terms expire at the end of the month, according to sources, Reuters reports Tuesday.
Labour mismatches plague euro zone
GERMANY - Austria has too many construction workers and too few hairdressers. France suffers from an abundance of woodworkers but a shortage of nurses. These are some of the findings of an ECB report published today.
ECB Issing says eurozone econ hit bottom in '01
FRANCE - Europe's economic slowdown hit bottom at the end of last year and growth should be back above 2% by the end of 2002, European Central Bank Chief Economist Otmar Issing says in an interview with Les Echos Tuesday.
RBI to review primary dealership arena
INDIA - Our Banking Bureau Mumbai After taking an in-principle decision to discontinue the satellite dealers, the Reserve Bank of India (RBI) is set to review primary dealers (PDs) in terms of their number, obligations, activities and regulation, said Y…
Duma to consider bill on central bank of Russia
RUSSIA - The bill "About the Central Bank of Russian Federation (Bank of Russia)" will be considered by the State Duma in the second hearing on 15 March.
ECB gold reserves - EUR35M in week of 8 March
GERMANY - The Eurosystem's net reserves in gold and gold receivables declined by EUR35 million, to EUR126.8 billion, in the week ended 8 March, the European Central Bank said Tuesday.
Colombia central bank launches new COP1,000 bill
COLOMBIA - Colombia's central bank on Tuesday launched a new 1,000 peso bill ($1=2271.50) to complement the coins of that denomination in circulation already.
Domingo Solans says ECB monetary policy credible
SPAIN - The credibility of the European Central Bank's (ECB) monetary policy is demonstrated by the euro zone's low inflation, ECB executive board member Eugenio Domingo Solans said on Saturday.
Bank of Canada brightens economic forecast
CANADA - Bank of Canada Governor David Dodge declared on Tuesday that the worst of the economic downturn was over, in a speech that suggested the bank was accelerating its timetable for forecast economic recovery.