Monetary Policy
How to Dollarize in Argentina
‘How to Dollarize in Argentina’ by Kurt Schuler and Steve H Hanke. As the policies of the Argentine government are at a dead end and the peso is widely distrusted, Schuler and Hanke present their proposals for dollarization.
Central Bank Independence in Latin America
Legal Central Bank Independence and Inflation in Latin America During the 1990s by Jacome H., Luis I ; an IMF Working Paper.
Argentina to unveil new economic plan on Friday
ARGENTINA - Congressman Jorge Remes Lenicov will be sworn in Thursday as Argentina's new economy minister and on Friday he will unveil a new series of economic measures, Buenos Aires Governor Carlos Ruckauf confirmed in an interview.
ECB interest rates unchanged
GERMANY - As widely expected the European Central Bank left interest rates unchanged with officials largely focused this week on the launch of euro notes and coins.
Bank of Israel head rules out intervention
ISRAEL - Despite the shekel's weakening to a record low against the dollar, Bank of Israel Governor David Klein said the central bank would not intervene in the foreign currency market.
Speech by Horst Kohler, Managing Director, IMF
SPEECH - Remarks by Horst Kohler, Managing Director, International Monetary Fund. At a news conference in Luxembourg Mr. Koehler said the U.S. economy should recover in the second quarter next year. The European economy will turn around by mid-2002, he…
Centralbanknet's Christmas Quiz
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President hints at end of peso peg
ARGENTINA - Argentina has its fifth president in less than two weeks, veteran politician Mr Eduardo Duhalde immediately reaffirmed the moratorium on paying the country's US$132 billion ($258.9 billion) in public debt until its shattered economy resumes…
Euro changeover "better than expected"
GERMANY - The European Central Bank reported on Wednesday that the launch of euro cash was progressing smoothly despite exceptionally high demand for the new notes. "The euro cash changeover is going smoothly, even better than we had expected," said ECB…
ECB Welteke: conditions for growth in place
GERMANY - European Central Bank council member and Bundesbank President Ernst Welteke said that monetary policy has cleared the way for investment and economic growth in an interview published on Wednesday.
BOJ's Hayami - yen's fall too steep
JAPAN - The yen's recent fall has been too steep for his liking but an exchange rate of 130 to the dollar would benefit Japanese exporters, Bank of Japan governor Masaru Hayami said in a newspaper interview.
Speech by Dai Xianglong, People's Bank of China
SPEECH - Speech by Dai Xianglong, Governor of the People's Bank of China, 20 November.
Centralbanknet's Christmas Quiz
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Centralbanknet's Christmas Quiz
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Speech by Iceland's Birgir Isleifur Gunnarsson
SPEECH - Birgir sleifur Gunnarsson, Chairman of the Board of Governors, Central Bank of Iceland, 31 October.
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Hanke's View on Argentina
In a paper published earlier this month by Cato in their foreign policy series Professor Steve Hanke outlines his views on solutions for the crisis in Argentina. In 1991 Professor Hanke advised the then Argentine government on the establishment of the…
Treasury publishes annual update on convergence
The Treasury last week published, and submitted to the European Commission,the UK's 2001 Convergence Programme, "Maintaining Economic Stability".This is the fourth annual update to the UK Convergence Programme publishedin line with the EU Stability and…
Argentine president asks IMF for 'patience'
Argentine president Rodriguez Saa asked the IMF for 'patience' in dealing with the country's default as the central bank takes steps to alleviate debt repayment problems within the country. However, Argentine citizens seem to be expecting devaluation.
Bank of Japan Monthly Report December 2001
REPORT - Bank of Japan Monthly Report of Recent Economic and Financial Developments, December 2001.
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Confusion over 'argentino'
Uncertainty surrounds Argentina's new currency dubbed the 'argentino' and claims for its role in an 'orderly exit' from the peso-dollar peg.
Speech by Shri Vepa Kamesam, Reserve Bank of India
SPEECH - Inaugural address delivered by Shri Vepa Kamesam, Deputy Governor, RBI at the IX Economic Convention 2001 at H.R. College of Commerce & Economics, Mumbai on December 6, 2001.
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