People

Mervyn King and the invisible hand

Bank of England governor Mervyn King delivered a speech this week in which he revealed his "Maradona theory of interest rates" based on the Argentine legend's second goal against England in the 1986 World Cup quarter-final.

PBOC's Zhou Xiaochuan on exchange rate reform

In a recently published interview Zhou Xiaochuan, Governor of the People's Bank of China, said we will make active and steady efforts to push ahead with the reform of the RMB exchange rate regime on a well-planned and step-by-step basis.

Duisenberg reveals political interference

European Central Bank ex-President Wim Duisenberg disclosed for the first time recently that German Chancellor Gerhard Schroeder, French President Jacques Chirac and Italian Prime Minister Silvio Berlusconi have all tried to influence the ECB's monetary…

Nigeria appoints deputy governor after resignation

The Central Bank of Nigeria announced on Tuesday 3 May that Dr Obadiah Mailafia will replace Mrs Wahir Mshelia as the Deputy Governor for Policy on Monday 9 May. Mshelia resigned last week with press reports suggesting there were 'strong indications' she…

Brazil's Supreme Court upholds partial immunity

The Supreme Federal Court on Thursday 5 May upheld the decision to give Brazil's central bank President Henrique Meirelles immunity from prosecution from common courts in an ongoing illegal tax and forex transaction case against him, local media reported.

IMF appoints new director of evaluation office

The Executive Board of the International Monetary Fund has offered Thomas Bernes of Canada the position of Director of the IMF's Independent Evaluation Office, and he has accepted the Board's offer, the IMF said on Monday 25 April.

HKMA appoints deputy chief executive

The Hong Kong Monetary Authority announced on Tuesday 26 April that the Financial Secretary has approved the appointment of Mr Y. K. Choi as Deputy Chief Executive of the HKMA. Two other appointments were also made, which will all take effect on 1 June.

Interview with Bank Indonesia's deputy governor

In an interview published this week, Bank Indonesia senior deputy governor Miranda Gultom said the central bank is preparing to introduce new money-market instruments to address the alarming sag in the local currency and perceived shortcomings of present…

What has Trichet achieved as the ECB's President?

Jean-Claude Trichet has now been president of the ECB for eighteen months, and if you measure his performance by the narrow mandate of price stability, then he has done his job, this article says. Yet if you were to gauge his performance by a wider…

Bofinger named favourite to replace Issing at ECB

German Chancellor Gerhard Schroeder's government hasn't decided yet who will succeed European Central Bank Chief Economist Otmar Issing when he retires next year, government spokesman Bela Anda said Friday, after reports named Peter Bofinger as a…

Deputy BoB governor explains his departure

The deputy governor of the Bank of Botswana, Dr Keith Jefferis, resigned from the bank earlier this month after five years of service. In this article he explains the reasons for his departure, saying that he chose to leave because he wanted to set up…

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