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Reserve Bank of Australia - Official Media Release
MEDIA RELEASE - Statement by the Governor, Mr Ian MacFarlane - Monetary Policy.
China's gold mining embraces reshuffle
CHINA - China's gold mining industry plans to form 12 internationally competitive groups by 2005 to meet challenges from the deregulation of the domestic gold market driven by the nation's accession to the World Trade Organization (WTO).
Swiss SNB sold 8.6 tons gold in 10 days to 30 Nov
SWITZERLAND - The Swiss National Bank said Monday that its gold reserves fell by CHF130 million to CHF33.55 billion in the 10-day reporting period to 30 November 2001.
ECB gold reserves unchanged 30 November
EUROPE - The Eurosystem's net reserves in gold and gold receivables was unchanged at EUR128.23 billion for the week ended 30 November, the European Central Bank said Tuesday.
Repse hands in resignation to go into politics
LATVIA - The president of the Bank of Latvia, Einars Repse, handed in a resignation to the Latvian Parliament Speaker Janis Straume 30 November, so that he could draw attention to forming his new would-be political party already named Jaunais Laiks, or…
EC concern over independence of Czech c bank
CZECH REPUBLIC - The European Commission (EC) is worried about continued threats to the independence of the Czech National Bank (CNB), including the independence of the bank's board members, according to this year's annual assessment report.
Afghan central bank - little left but dollar bills
ARTICLE - A dingy bank vault in the center of this destitute, dust-smudged capital holds the foreign-currency reserves of Afghanistan: $90,000, much of it in single dollar bills. The cash, all that remains of Afghanistan's plundered treasury, was simply…
Pakistan 'set for parallel bank system'
PAKISTAN - Pakistan's central bank yesterday issued a fresh set of requirements for commercial banks intending to provide Islamic banking services, in a step to comply with an order from the country's Supreme Court seeking a conversion to Islamic banking…
Australian reserve bank hawks prime office space
AUSTRALIA - The Reserve Bank of Australia (RBA) is to lease out 6,000sq m of office space at its Martin Place, Sydney office.
BOT suing Rerngchai for losses
THAILAND - The Bank of Thailand plans to sue former central-bank governor Rerngchai Marakanond for damages involving the failed defence of the baht that resulted in massive losses, the central-bank's chief said yesterday, Monday.
Riksbank reappoints Villy Bergstrom dep director
SWEDEN - The General Council of the Swedish Riksbank has voted unanimously to reappoint Villy Bergstroem as deputy governor and member of the bank's Executive Board for a period of six years.
Bank of Spain to open 1 Jan for euro changeover
SPAIN - The Bank of Spain will open its 50 branches for a few hours on 1 January, a public holiday, so that people can change pesetas to euros, it has said.
OECD paints gloomy picture of Japan
JAPAN - Japan's economy will remain weak for some time to come as policymakers struggle to implement economic reform in the face of the country's worst slump since the Second World War.
Eurozone is not delivering growth and jobs
LETTER - A letter published in the London edition of the Financial Times on 4 December. From Professor Tony Thirlwall, Dept of Economics, University of Kent, Canterbury, UK.
OECD Economic Survey - Japan
REPORT - Organisation for Economic Co-operation and Development, Economic Survey - Japan, Assessment and recommendations.
European Central Bank Press Release
PRESS RELEASE - New ECB Regulation in the field of money and banking statistics, 22 November.
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.