Central Banks
DRC says central bank needs recapitalisation
Government says BCC has no real equity as war and elections add to economic crisis
Indonesia and Singapore renew bilateral liquidity lines
MAS and Bank Indonesia also renew bilateral repo agreement
RBA resumes rate hikes to curb sticky inflation
Australian government confirms it will make significant changes to central bank’s governance
Covid-19 impact on cash demand minimal in past year
Majority of currency departments relax pandemic countermeasures
All Cuban businesses must offer electronic payments, says ministry
New rule is part of government’s response to ‘critical’ shortage of cash
BoE wants stablecoins fully backed with central bank deposits
Systemic stablecoins would have to back issuance with unremunerated deposits
Mexico implements emergency cash plan after hurricane
Banxico authorises banks to suspend minimum payments on credit cards
BoJ’s Ueda sees hope of achieving inflation target
Japanese firms are more willing to raise wages and prices but uncertainties remain, governor says
MAS imposes further penalties on Singapore’s biggest lender
Central bank penalises DBS after country’s largest bank experienced repeated service outages
Central banks tend to outsource banknote printing
De La Rue is most commonly used printer among respondents
Data sharing as a policy intervention
Increasing access to data represents another policy lever regulators can pull to achieve their objectives, writes David Bholat
Norway and Czech Republic hold rates
Norges Bank 'likely' to make small increase in December
Schnabel warns next disinflation phase will be harder
Base effects, core inflation and supply-side risks threaten the outlook, she says
BoE’s Hauser makes case against ultra-lean balance sheets
Even with central bank backstops, markets are not reliable liquidity managers, official says
Colombia continues to hold as inflation inches down
The board was divided once more in a 5–2 vote
US fiscal stimulus decreases output in rest of world – research
A helicopter drop policy could be the most effective co-ordinated effort
Most central banks forecast currency demand over 1–3 years
Minority of institutions use big data for forecasting purposes
ECB raises concerns over Italian macro-pru committee
Decree should give a casting vote to governor and remove members’ vetoes, ECB says
Brazilian central bank cuts rate by 50bp again
Third consecutive 50bp rate cut enjoys unanimous support
Bank of England holds rates in second split decision
UK faces two years of above-target inflation and near-zero growth, forecasts the BoE