Reserves
Norges Bank: new version of 100-krone note
Norges Bank is to put a new version of the 100-krone note into circulation on 25 March to safeguard against counterfeiting.
Polish central bank may use reserves to repay debt
It is reported by the PAP news agency that, after first denying the suggestion, the Polish central bank will hold talks with the finance ministry on using central bank reserves to repay foreign debt.
EC to consider war when evaluating Pact
Romano Prodi has indicated that war in Iraq will be taken into account when the European Commission assesses member countries' deficits under the stability and growth pact, according to a BizWorld report.
Ignatyev - Reserves to prevent ruble fluctuation
During a working meeting with the President of Russia, central bank chairman Sergei Ignatyev said that the Bank's foreign currency reserves will make it possible to prevent major fluctuations in the ruble exchange rate in the near future.
Interview - President of Central Bank of Ecuador
INTERVIEW - In a recent interview Mauricio Yepez, president of Ecuador's central bank, spoke of the technical missions to Ecuador by the IMF and other institutions. He said Ecuador expects to get 100m US dollars from the IADB later this year and a first…
ECB sees profits slide by 0.6 bn euros for 2002
On Thursday the European Central Bank revealed that profits fell by 33% in the year ended 2002. In a press release the ECB blamed the reduction on the fall in both the US dollar and euro interest rates during the year. The accounts also show that the ECB…
RBNZ adds new reserves section to its website
A new section, Foreign Reserves, has been added to the Reserve Bank of New Zealand's website.
Uruguay: central bank reserves plummet
Following another fall in forex reserves at the Central Bank of Uruguay and a downgrade in its sovereign rating, default concerns over the Uruguayan currency are rising.
Egypt: 6-month BOP surplus of 152.7m dollars
The governor of the Central Bank of Egypt (CBE) has presented a report to the country's president in which he said that the balance of payments realized a surplus of 152.7m dollars during the first six months of the current fiscal year compared to a…
Gold may sustain highs over 2003
Research from Macquarie Research Equities argues that gold will maintain its strength throughout 2003, supported not only be war fears, but wider geopolitical worries.
Korea's central bank props up markets
Following another corporate accounting scandal, the Bank of Korea has intervened to in Korean money markets, according to a BBC news report.
What central banks do with their dollars
ARTICLE - The events of September 11 reversed a 25-year trend of central bank reserve managers accepting greater risk in their portfolios, argues a paper in the latest BIS quarterly review.
Fillip for Zimbabwean gold producers
New rules from the government mean Zimbabwean gold producers will receive the market price from the Reserve Bank for the gold they produce.
Brazil's Palocci sees IMF loan despite inflation
Finance minister Antonio Palocci said he expects the next tranche of Brazil's record IMF loan to be approved despite an increase in inflation in the country.
Canada's gold reserves fell last month
Canada's finance department revealed on Wednesday that it had sold part of its gold holding, with the proceeds to be used for buying other foreign currency securities.
Russia's gold and for ex reserves continue to rise
Russia's central bank has announced increased reserves of 0.8% for gold and foreign exchange. This represents a new record.
Taiwan's forex reserve hits another record high
The Central Bank of China's monthly report showed an increase in foreign exchange reserves in February taking Taiwan's reserves to a record high.
World Bank wants Venezuela to lift for ex controls
The World Bank has said Venezuela's currency controls are transitory and can only work temporarily.
ECB Press Release, 28 Feb
PRESS RELEASE - Annual publication of the List of Monetary Financial Institutions and institutions subject to minimum reserves as at end-December 2002, 28 February.
Mexico central bank net assets fall, reserves rise
Mexico's central bank reported increased reserves but also announced a decline in its net assets due to factors including expenditures from federal government operations of $624 million.
Russian gold reserves reach a new record
Russia's central bank has announced record gold reserves, increasing to 52.7 bn dollars.
Bank of Portugal Press Release on gold
PRESS RELEASE - Banco de Portugal informs that during February 30 tons of its gold reserves were sold, 25 February.
Portugal sells gold to diversify reserves
Bank of Portugal sells gold for "diversification of the external reserves".
Fraser silent on Iraqi-Australia gold deal
A magazine has suggested Australia was paid a large sum of gold in 1991 as part of an export deal.