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S Africa's Nov gold, For Ex reserves up 9.4%
SOUTH AFRICA - South Africa's gold and foreign exchange reserves rose 9.4% to 77.7 billion rand ($1=ZAR10.8755) in November from ZAR71.00 billion in October, the South African Reserve Bank said Friday.
Pakistan's For Ex reserves up US$85.3m
PAKISTAN - The foreign exchange reserves of Pakistan have registered an increase of US$85.3 million over the previous week.
EU won't protest changes at Polish c bank
POLAND - An amendment to Poland's central bank law increasing the size of the bank's interest rate-setting Monetary Policy Council, or RPP, shouldn't draw protests from the European Union, Prime Minister Leszek Miller said Friday in an interview on…
Australian Reserve Bank to keep tower
AUSTRALIA - The Reserve Bank of Australia (RBA) has key offices in capital cities of Australia. In late 2001, it has decided to keep its Melbourne office at 60 Collins Street.
Afghanistan's central banker invited home
AFGHANISTAN - Afghanistan's former central banker has been asked by the leader of the Northern Alliance to return to run the country's monetary policy.
IMF approves $1.3bn loan to Pakistan
US - The International Monetary Fund has approved a $1.3bn loan for Pakistan, to help it battle poverty and offset the economic impact of the war in Afghanistan.
Argentina seizes pension funds
ARGENTINA - The Argentine government has said it is to use money held in private pension funds to help pay its bills.
Japan falls into recession
JAPAN - Japan has entered a recession, according to the latest official figures, which show the world's second largest economy continued to shrink between July and September.
ECB Press Conference
PRESS CONFERENCE - Introductory statement by Willem F. Duisenberg, President of the European Central Bank and Christian Noyer, Vice-President of the European Central Bank, Frankfurt, 6 December.
ECB Press Release
PRESS RELEASE - European Central Bank Decisions on the issue of euro banknotes and on the allocation of monetary income, 6 December 2001.
Practical issues arising from the euro
RESEARCH - The Bank of England today, Friday, published its semi-annual booklet 'Practical issues arising from the euro' December 2001 issue.
Speech by Governor of the National Bank of Belgium
SPEECH - Speech by Guy Quaden, Governor of the National Bank of Belgium at the 23rd SUERF Colloquium Brussels, 27 October.
IMF Working Paper - Australian Business Cycles
RESEARCH - Key Features of Australian Business Cycles, prepared by Paul Cashin and Sam Ouliaris, International Monetary Fund, November 2001.
FSA Davies - C bank supervision not more effective
GERMANY - Howard Davies, chairman of the new U.K. Financial Services Authority, late Wednesday rejected the view that supervision of the financial sector may be more effective if carried out by an independent central bank rather than a non-central-bank…
Bank Indonesia gets three new deputy governors
INDONESIA - The Indonesian parliament late Wednesday named three new deputy governors for Bank Indonesia, filling positions that had been left vacant for extended periods.
South Africa's central bank reduces MPC meetings
SOUTH AFRICA - The South African Reserve Bank is to reduce the frequency of its regular six-weekly monetary policy committee meetings to once every quarter, the bank said Thursday.
Russia's Gerashchenko denies resignation rumours
RUSSIA - Chairman of the Central Bank of Russia (CBR) Viktor Gerashchenko said Thursday that he had no plans to resign from 1 January.
Malaysian BNM international reserve at RM116.5 bln
MALAYSIA - Bank Negara's international reserves stood at RM116.5 billion as at 30 November, an increase of RM24 million from the level two weeks earlier, with trade and investment-related inflows maintaining their rising trend.
Duisenberg - Current ECB rates appropriate
GERMANY - European Central Bank President Wim Duisenberg Thursday justified the central bank's decision to leave interest rates unchanged by saying recent data confirmed the ECB's view that there are no immediate dangers for price stability in the euro…
ECB Noyer - Little M3 impact from euro changeover
GERMANY - European Central Bank Vice President Christian Noyer said Thursday that the bank doesn't expect the changeover to euro notes and coins next year to have a significant impact on M3 money supply growth.
Egypt - New central bank role enshrined in law
EGYPT - The cabinet on 27 November approved a new law giving the Central Bank of Egypt greater authority over monetary policy and extending its supervisory role.
Speech by Ian Macfarlane, Governor of the RBA
SPEECH - Talk by Ian Macfarlane, Governor of the Reserve Bank of Australia, to Australian Business Economists/ Economic Society of Australia (New South Wales Branch) Forecasting Conference Dinner, Sydney, 6 December 2001.
Japan braces for recession
JAPAN - Japan is poised to cross the official dividing line into recession on Friday morning when figures showing how much its economy has shrunk are released.