Monetary Policy

Venezuelan central bank rejects gov't criticism

VENEZUELA - The Central Bank of Venezuela (BCV) has said that it will continue its monetary policy despite criticism from the government and warned about the negative consequences a confrontation of positions would have on the exchange market.

Speech by U Backstrom of Sveriges Riksbank, 5 Sep

SPEECH - In the speech titled 'In the wake of financial turmoil' Backstrom said that the events to do with WorldCom and Enron are a part of a broader context and are directly connected with the recent years' stock-market bubble. But at a deeper level he…

Presentation of the IMF's Annual Report

PRESS RELEASE - The Riksbank hereby invites you to a press meeting today, at 10:00 a.m., with Graham Hacche, Deputy Director, External Relations Department, International Monetary Fund, IMF. Mr Hacche will present the IMF's Annual Report for 2001/2002,…

The IMF and Ukraine: What Really Happened

ARTICLE - A Commentary by Lorenzo Figliuoli and Bogdan Lissovolik, IMF Resident Representatives in Ukraine, Zerkalo Nedeli, 31 August. Recently the Zerkalo Nedeli newspaper has published a number of articles disparaging of the role of the International…

Committee aid search for new BIS General Manager

PRESS RELEASE - The Board of Governors of the Bank for International Settlements (BIS) has named a committee to assist in seeking a replacement for departing General Manager Andrew Crockett. Mr Crockett has announced his intention to step down at the end…

BIS starts search for Crockett successor

SWITZERLAND - The Bank for International Settlements has started to look in earnest for a new general manager with a committee of senior central bankers outlining the criteria for a successor to Andrew Crockett, a contender to take over the reins at the…

BIS Quarterly Review September 2002

REPORT - BIS Quarterly Review, International Banking and Financial Market Developments, September 2002. The BIS Quarterly Review released today, 9 September, is divided into two parts. The first part analyses recent developments in financial markets,…

Report says single currency boosts trade

UK - The creation of the euro has boosted trade between eurozone countries significantly, according to new research, reinforcing the argument that the single currency has created a more genuine single market in Europe.

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