Central Banking staff
Follow Central Banking
Articles by Central Banking staff
Greenspan: non-discrimination good for business
US - Federal Reserve Chairman Alan Greenspan said on Thursday that discrimination in lending and other aspects of financial life simply makes for bad business.
Yen's fall risks Malaysia devaluation
MALAYSIA - Malaysia's Prime Minister Mahathir Mohamad has said his country may be forced to devalue the ringgit, if the Japanese yen continues to decline in value.
Argentina's peso trades again
ARGENTINA - After three weeks which have seen Argentina default on its debts, four presidents come and go, and rioting spread in the streets, the country's currency markets are again open for business.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan at the Ninth Annual Economic Development Summit, The Greenlining Institute, Oakland, California, 10 January 2002.
Speech by Lars Heikensten of Sweden's central bank
SPEECH - Speech by First Deputy Governor of Sweden's central bank Lars Heikensten at the Church of Sweden seminar in Rattvik: "If the World Bank were directed by Jesus Christ ...", 3 January 2002.
Speech by Svein Gjedrem Governor of Norges Bank
SPEECH - Address given by Norway's Central Bank Governor Svein Gjedrem at a conference hosted by the Federation of Norwegian Agricultural Cooperatives,Trondheim, 11 January 2002.
Banknote and Coin Circulation Figures - Ireland
PRESS RELEASE - Banknote and Coin Circulation Figures, 8 January 2002.
Fed adds $5 billion reserves through 28-day repos
US - The Federal Reserve said on Thursday it added $5.0 billion in temporary reserves to the banking system through the purchases of 28-day fixed system repurchase agreements.
ECB's Issing sees 'tentative' signs of recovery
GERMANY - European Central Bank chief economist Otmar Issing said that there are "tentative" signs of a recovery in the euro zone economy, and that a "significant" upturn is possible in 2002.
Argentina's central bank delays trading restart
ARGENTINA - Argentina has once again delayed the resumption of currency trading, disappointing Argentine people and businesses.
U.S. central bankers try to dim hopes
US - U.S. central bank governors are sending out word this week that while the U.S. economy appears to be on the mends, a quick rebound does not appear to be in the works.
Speech by J Alfred Broaddus President Richmond Fed
SPEECH - Remarks by J. Alfred Broaddus Jr, President, Federal Reserve Bank of Richmond, Virginia Commonwealth University, Richmond, VA, 8 January 2002.
Speech by Bruno Gehrig of the Swiss National Bank
SPEECH - Speech by Bruno Gehrig, Vice-Chairman of the Governing Board of the Swiss National Bank, University of St Gallen, St Gallen, 9 January 2002.
ECB Working Papers Series
RESEARCH - European Central Bank Working Paper, Monetary policy rules, macroeconomic stability and inflation: a view from the trenches, by Athanasios Orphanides.
Bank of England leaves interest rates unchanged
UK - Bank of England chiefs have left interest rates on hold at 4%, despite increasing evidence of the strength of the UK economy.
Chinese fund managers under attack
CHINA - A Chinese stock market regulator has criticised several fund managers, accusing them of exploiting regulatory loopholes to enrich themselves and their companies at the expense of the public.
Polish ministers ease stance on bank challenge
POLAND - Poland's government appeared to be edging away from a potentially damaging legal challenge to the central bank after a meeting yesterday.
Sweden may hold referendum on euro next year
SWEDEN - Goran Persson, Sweden's prime minister, yesterday indicated he was ready to hold a referendum on euro membership next year.
Japan says yen's fall 'too rapid'
JAPAN - Japan's finance minister has said the yen has been falling too fast, remarks which prompted the currency's biggest rally since September.
Israel's regulatory easing
ARTICLE - Some $260 billion (290.39 billion euros) in Israeli financial assets is walled up inside the country by regulations, discriminatory taxes and investor conservatism, kept pacified by high domestic interest rates.