Monetary Policy
Bank chief explains UK euro delay
UK - Sir Edward George, the governor of the Bank of England, has placed the loss of control over interest rates as a major reason behind the UK's reluctance to adopt the euro.
Russian c bank dep head tipped for new appointment
RUSSIA - Russian Central Bank first deputy chairperson Tatyana Paramonova may become head of Sberbank [Russian Savings Bank], the Gazeta paper says in today's issue.
EU to warn Kabul on monetary framework
AFGHANISTAN - European Union foreign ministers will today warn the Afghan government it can expect little in the way of budgetary support unless the government starts establishing a transparent fiscal and monetary system.
No compromise on Bank of Israel law
ISRAEL - Parliament will be asked this week to approve a redefinition of the Bank of Israel's powers that the central bank opposes.
ECB's Duisenberg-euro's reserve role slowly rising
SPAIN - The euro's use as an international currency is rising but only gradually, European Central Bank President Wim Duisenberg said on Sunday.
Greece looks for Papademos replacement at cen bank
GREECE - Greece is likely to pick Panagiotis Thomopoulos or Nick Garganas, both deputy Bank of Greece governors, to succeed Lucas Papademos as head of the country's central bank, the Greek press said on Monday.
SA Reserve Bank hits back at its critics
SOUTH AFRICA - The Reserve Bank has mounted a counter attack against bankers who told the rand commission that the rand's crash last year was caused in part by the Bank's October circular enforcing exchange controls more strictly.
Taiwan's central bank head to attend ADB meeting
TAIWAN - Central Bank Governor Perng Fai-nan will attend the annual meeting of the Asian Development Bank to be held in Shanghai next month, Cabinet officials have revealed.
Speech by Svein Gjedrem of Norges Bank, 21 Mar
SPEECH - In the speech titled 'The economic situation in Norway' Gjedrem reiterated that the oil-backed economy was likely to escape a global downturn saying that "the effects of the global downturn on the activity level in Norway have been limited".
Speech by Edward George, Bank of England, 11 Apr
SPEECH - In his speech George said that the debate on UK euro membership was "balanced" and that sterling's value against the euro was an important consideration. "It's a balanced debate in my view, there are pros and cons."
Bank of England Discussion Paper
RESEARCH - Bank of England Discussion Paper by Nicoletta Batini, Brian Jackson and Stephen Nickell, April 2002.
Bank of Japan Monthly Report April 2002
REPORT - Monthly Report of Recent Economic and Financial Developments, April 2002. The English translation of the full text will be available on 15 April.
Financial Stability Forum Press Release, 11 April
PRESS RELEASE - First FSF regional meeting with central and eastern European authorities. The Financial Stability Forum (FSF) today held its first regional meeting with central and eastern European countries at the European Bank for Reconstruction and…
Deutsche Bundesbank Annual Accounts for 2001
PRESS RELEASE - Deutsche Bundesbank Annual Accounts for 2001, 11 April.
Speech by Eugenio Domingo Solans, ECB, 12 Apr
SPEECH - Gabriel Quiros said in a speech made on behalf of Eugenio Domingo Solans that it seems indisputable that we have made progress - in particular since the launch of the euro - towards an integrated financial market structure.
Deutsche Bundesbank, Annual Accounts 2001
REPORT - Annual Accounts of the Deutsche Bundesbank for 2001, Offprint from the Annual Report for 2001.
UK MPC member says further rate cuts not ruled out
UK - UK interest rates may still fall again if the world economy takes a turn for the worse, while the first increase in borrowing costs could be some way off, a member of Britain's monetary policy team told the Times.
UK and Germany in banking supervision move
GERMANY - The German and British governments are combining forces to head off any move by the European Central Bank to take the leading role in banking supervision in the European Union.
Floating ex affects competitiveness, says Franco
BRAZIL - Gustavo Franco, ex-president of BC (Brazilian Central Bank) said at a seminar Thursday in Sao Paulo, that the floating exchange now adopted by the federal administration may be a problem for Brazilian companies to keep competitive, and may…
G-7 finance deputies meet in London
UK - Deputy finance ministers of the Group of Seven industrial nations gathered here Thursday to decide on the topics for a meeting of G-7 finance ministers and central bank governors, to be held later this month.
Papademos has strong support for ECB job - Rato
SPAIN - Many euro zone finance ministers back Bank of Greece Governor Lucas Papademos to replace European Central Bank Vice President Christian Noyer, Spanish Economy Minister Rodrigo Rato said on Friday.
ECB Monthly Bulletin, April 2002
REPORT - The European Central Bank published its April 2002 Monthly Bulletin on 11 April.
Bank of Japan Monetary Policy Meetings, 11 April
NEWS RELEASE - At the Monetary Policy Meeting held today, the Bank of Japan decided, by unanimous vote, to maintain the following guideline for money market operations for the intermeeting period:
Bank of England News Release
NEWS RELEASE - Appointments at the Bank of England, 4 April.