Monetary Policy
CNB will publish meeting records after six years
CZECH REPUBLIC - The Czech National Bank (CNB) has decided to publish the records of the bank board meetings. The central bank reacts to the interest and specific needs of economic analysts, economics students and historians of the Czech economy or of…
Paper - Reserve Bank of Australia 2001 Conference
RESEARCH - A paper titled 'Setting Monetary Policy in East Asia: Goals, Developments and Institutions' was presented at the RBA's 2001 conference, Future Directions for Monetary Policies in East Asia.
Meyer Testimony - Federal deposit insurance reform
SPEECH - Federal reserve Board Governor Laurence H. Meyer testified on 26 July before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services, U.S. House of Representatives.
Paper - Reserve Bank of Australia 2001 Conference
RESEARCH - A paper titled 'Three Perspectives on an Australasian Monetary Union' was presented at the RBA's 2001 conference, Future Directions for Monetary Policies in East Asia.
Paper - Reserve Bank of Australia 2001 Conference
RESEARCH - A paper titled 'The Case for Inflation Targeting in East Asian Countries' was presented at the RBA's 2001 conference, Future Directions for Monetary Policies in East Asia.
Blair and Brown set euro vote timetable
UK - Tony Blair and Gordon Brown have drawn up a timetable for a euro referendum and are preparing to make a judgment, probably next year, about whether to call one, reports the Financial Times in London, 27 June.
Five months to E-day and euro use still limited
EUROPE - Five months before the introduction of euro notes and coins, the use of the single currency remains limited in almost every country in the 12-nation eurozone, the European Commission warned yesterday, 27 July.
Peru's new finance minister sees changes at c bank
PERU - Incoming Finance Minister Pedro Pablo Kuczynski said on 26 July that former central bank chief Richard Webb will likely become the new president of the Central Reserve Bank of Peru.
IMF accord enters calculation stage
UNITED STATES - The Brazilian delegation in Washington keeps making ambiguous statements on the possibility of a new accord with the IMF but, according to a source at the IMF, they are "making their calculations".
Speech by Sushil Wadhwani of the Bank of England
SPEECH - Sushil Wadhwani of the Bank of England's MPC committee spoke on 24 July.
Paper - Reserve Bank of Australia 2001 Conference
RESEARCH - A paper titled 'A Monetary Union in Asia? Some European Lessons' was presented at the RBA's 2001 conference, Future Directions for Monetary Policies in East Asia.
IMF and World Bank to ease debt rules
US - International finance officials are meeting in Washington today, 26 July, to look at ways to overhaul and simplify the strings attached to the loans they make to poor countries.
S.African central bank says launching MPC review
SOUTH AFRICA - South Africa's central bank said today, 26 July, it was launching a review of the operations of its 14-member monetary policy committee (MPC) which would be completed by the end of September 2001.
National Bank of Slovakia - Annual Report 2000
ANNUAL REPORT - The Narodna Banka Slovenska, (National Bank of Slovakia) has published its Annual Report 2000. Marian Jusko, the governor of the bank, describes a period of continued macroeconomic stabilisation and a decrease in the currant account…
Bank of Israel - Annual Report 2000
ANNUAL REPORT - The Bank of Israel, Foreign Currency Department, has published its Annual Report 2000.
Australasian union could see trade double - paper
AUSTRALIA - Australia could enjoy a doubling in trade with New Zealand if the two countries embarked on a path of currency union, a discussion paper presented to a Reserve Bank of Australia conference on 24 July concluded.
Bahrain to set up liquidity management centre
BAHRAIN - Bahrain plans to establish a US$50 million liquidity management centre (LMC) to help meet the needs of Islamic banks and financial institutions.
Hungary publishes euro recommendations for banks
HUNGARY - The National Bank of Hungary (MNB) has published recommendations to commercial banks regarding the introduction of euro coins and notes in 12 EU member states as of 1 January 2002.
Italian bank chief backs Berlusconi's policies
ITALY - Antonio Fazio, the governor of the Bank of Italy, on 24 July gave strong backing to the economic policies of Silvio Berlusconi's new centre-right government, blaming the prime minister's predecessors for giving the country a low rate of economic…
Russia to draft new forex control law by October
RUSSIA - The Russian government intends to draft a new, more liberal law on hard currency controls and regulations by October, the Finance Ministry said yesterday, 24 July.
Australasia must be considered in Asia union
AUSTRALIA - Australia and New Zealand should be considered in any move towards monetary union in Asia, a discussion paper at a Reserve Bank of Australia conference in Sydney on 24 July concluded.
S.Africa's Mboweni urges black empowerment support
SOUTH AFRICA - South Africa's central bank governor Tito Mboweni said that although laws could help address the issue of black empowerment in South Africa, public commitment was crucial.
Central bank guidelines on credit extension
NIGERIA - The Central Bank of Nigeria (CBN) lived up to its billing in pursuit of its function of promoting monetary stability and a sound financial system when last week it rolled out a new guideline on public spending, reports All Africa Global Media,…
Monetary Policy: The End of History?
SPEECH - Stephen Grenville, Deputy Governor of the Reserve Bank of Australia gave a speech on 20 July at the Monetary Authority of Singapore 30th Anniversary Conference on Central Banking in The New Economic and Financial Landscape, Singapore.