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Speech by Yutaka Yamaguchi of the Bank of Japan
SPEECH - Speech given by Yutaka Yamaguchi, Deputy Governor of the Bank of Japan at the Economic Seminar of the Japan Research Institute, on 26 November.
Speech by Alastair Clark of the Bank of England
SPEECH - Remarks by Alastair Clark, Executive Director of the Bank of England at the FBSA Annual Conference 2001 in London on 29 November.
BOJ to cut annual salary for executives by 0.4%
JAPAN - The Bank of Japan (BOJ) said Friday it will cut the annual salary of its executives for this fiscal year by 0.4% from the previous year.
President appoints new Bank of Finland member
FINLAND - Finnish President Tarja Halonen on Friday appointed a surprise candidate to the Bank of Finland's board after an embarrassed government dropped the nominations of two veteran politicians.
Wim to face the music
GERMANY - The temperature is rising in the dispute over whether Wim Duisenberg will step down as president of the European Central Bank.
Egyptian central bank cancels import restrictions
EGYPT - The Central Bank of Egypt said Monday it had cancelled import restriction proposals that were designed to protect the declining Egyptian pound and boost the sluggish economy.
ECB post findings on how rate moves affect economy
GERMANY - Ordinary Europeans may quickly get used to the new euro notes and coins that begin circulating in a few weeks, but it may be years before the European Central Bank fully understands the functioning of the new economy created by the common…
BOE - Delivery/ payment system
UK - Bank of England Executive Director for Financial Market Operations, Ian Plenderleith, said Thursday the new delivery versus payment system for the settlement of securities trade in the U.K. was a success.
Greenspan says little doubt euro a sound currency
US - A belief that U.S. productivity, or output per worker, will continue to outstrip Europe's accounts for more robust demand for dollars over euros, Federal Reserve Chairman Alan Greenspan said in a speech on Friday.
Economic Chaos - Who's killing Argentina's Peso?
ARTICLE - Until recently, stable money and sound banking were the two pillars of an otherwise weak Argentine republic. As Argentina confronts its fourth year of recession and finds itself bankrupt, many are now blaming its monetary regime, which…
Singapore finalising licences for foreign banks
MALAYSIA - Singapore will announce the winners of the Qualifying Full Bank (QFB) and wholesale bank licences in the next few weeks, in a further move to open the domestic financial sector to foreign players, according to a report.
Argentina restrict amount of cash bank withdrawals
ARGENTINA - The Argentine government, desperate to stop a hemorrhaging of funds from the banking system, capped cash withdrawals from banks and limited the amount residents may transfer abroad.
Thai bank supports action against ex-chief
THAILAND - Thailand's central bank has apparently endorsed plans to take punitive legal action against Rerngchai Marakanond, the institution's former governor, for exhausting the country's foreign exchange reserves to defend the baht against currency…
Bank of Japan Monetary Policy Meeting
NEWS RELEASE - Announcement of the Monetary Policy Meeting decisions, 29 November.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan before the Euro 50 Group Roundtable, Washington, D.C., 30 November.
Speech by Ian Plenderleith of the Bank of England
SPEECH - Speech by Ian Plenderleith, Executive Director of the Bank of England to the 15th Annual European Finance Convention at The Conrad International Hotel in Brussels on 29 November.
London Club offer 'unacceptable' to Dinkic
Yugoslav officials appear in no rush to reach a conclusion over a $2.2bn ( £1.6bn) debt rescheduling in negotiations with the London club of private creditors.
Irish government hold on c bank gov post must end
ARTICLE - It is likely the Government will appoint a new governor for the Central Bank of Ireland within the next few months. Although the incumbent, Mr Maurice O'Connell, was appointed to a second term earlier this year, it is understood that he will…
Banks deal with coin shortage in Australia
AUSTRALIA - Banks in some parts of Australia are experiencing coin shortages. The Reserve Bank of Australia (RBA), which recently implemented a new coin distribution system, blames the shortfall on teething problems with the new system.
Egyptian draft law for independent c bank approved
EGYPT - Egypt's cabinet approved Tuesday a draft law to make the Central Bank of Egypt independent from the now-defunct economy ministry, according to a cabinet official.
Father of Latvian currency to resign
LATVIA - The father of Latvia's national currency will resign as head of the central bank on 30 November, but analysts and officials expect him to leave a legacy of stability and a well-run Bank of Latvia.
Thai Rerngchai - sinner or scapegoat?
ARTICLE - Rerngchai Marakanond, a former Bank of Thailand governor, is about to pay a dear price for his central role in the futile baht defence in 1997. Is he a scapegoat?
Thai central bank eases collateral rules
THAILAND - Central Bank rules had been eased to allow financial institutions to use internal appraisal for collateral of small-sized debtors, rather than external independent appraisal firms, Bank of Thailand assistant governor Thirachai…