Reserves
The events that triggered Argentina's crisis
ARTICLE - The people of Argentina have seen their pensions taken away, unemployment soar, inflation jump and their industries decimated.
Russian c bank auditors' contest reaches final
RUSSIA - The Russian State Duma's budgetary committee recommended on 18 December to name PRICEWATERHOUSECOOPERS auditor of the Central Bank of Russia.
Fed's Meyer skeptical about IMF's bankruptcy plan
US - A senior Federal Reserve policymaker expressed scepticism Tuesday about the International Monetary Fund's plan to allow debt-burdened countries to suspend payments to their creditors, saying it is unlikely to win international political support.
Gold - currency reserves of NBU grew - Yaremenko
UKRAINE - The amount of gross gold-domestic reserves of the National Bank of Ukraine made $3.259 billion by 12 December (by 29 November they made $3.153 billion).
Argentine crisis ripples spread
ARGENTINA - Riots and looting on the streets of Buenos Aires have sparked jitters among economic pundits around the world.
ECB net forex reserves
GERMANY - The Eurosystem's net foreign currency reserves decreased by EUR0.1 billion to EUR255.3 billion in the week ended 14 December.
Euro Profits Bonanza
CENTRALBANKNET SPECIAL REPORT - Europe's national central banks stand to profit to the tune of billions of euros as a result of retiring Europe's existing paper currencies and introducing a single currency.
Argentina meets debt deadline
ARGENTINA - Argentina has paid a $700m instalment on its national debt which fell due on Friday, narrowly avoiding a default.
Pakistan wins official debt deal
PAKISTAN - Pakistan yesterday secured an unprecedented debt restructuring deal from the Paris Club of official creditors in recognition of its economic reforms and its role in the war in Afghanistan.
Pakistan forex reserves $4.456B 8 Dec
PAKISTAN - Pakistan's foreign exchange reserves rose to US$4.456 billion 8 December, compared with $4.404 billion 1 December, the central bank said Thursday.
Former US official proposes solvency crisis fund
ARGENTINA - While Argentina's perilous brush with bankruptcy has sparked a renewed debate on the idea of officially-sanctioned debt standstills, a former top official of the Federal Reserve and the Treasury Department on Monday proposed another way of…
Hungary nat bank to amend reserve regulations
HUNGARY - The monetary council of the National Bank of Hungary (NBH) decided on Monday to amend the mandatory reserve regime, effective 1 February 2002, the Bank said in a statement.
Argentina new bid to cut debts
ARGENTINA - Argentina's beleaguered Economy Minister, Domingo Cavallo, is preparing to announce measures to try to prevent the country defaulting on its massive debts.
China to lift foreign banks' forex restrictions
CHINA - China will lift restrictions on foreign-exchange business conducted by foreign banks operating in the country, China's central bank announced via state television Sunday.
Argentina seizes pension funds
ARGENTINA - The Argentine government has said it is to use money held in private pension funds to help pay its bills.
IMF approves $1.3bn loan to Pakistan
US - The International Monetary Fund has approved a $1.3bn loan for Pakistan, to help it battle poverty and offset the economic impact of the war in Afghanistan.
Pakistan's For Ex reserves up US$85.3m
PAKISTAN - The foreign exchange reserves of Pakistan have registered an increase of US$85.3 million over the previous week.
S Africa's Nov gold, For Ex reserves up 9.4%
SOUTH AFRICA - South Africa's gold and foreign exchange reserves rose 9.4% to 77.7 billion rand ($1=ZAR10.8755) in November from ZAR71.00 billion in October, the South African Reserve Bank said Friday.
IMF blocks loan to Argentina
ARGENTINA - The International Monetary Fund has disappointed Argentina by effectively blocking a $1.3bn loan payment.
BOT suing Rerngchai for losses
THAILAND - The Bank of Thailand plans to sue former central-bank governor Rerngchai Marakanond for damages involving the failed defence of the baht that resulted in massive losses, the central-bank's chief said yesterday, Monday.
ECB gold reserves unchanged 30 November
EUROPE - The Eurosystem's net reserves in gold and gold receivables was unchanged at EUR128.23 billion for the week ended 30 November, the European Central Bank said Tuesday.
China's gold mining embraces reshuffle
CHINA - China's gold mining industry plans to form 12 internationally competitive groups by 2005 to meet challenges from the deregulation of the domestic gold market driven by the nation's accession to the World Trade Organization (WTO).
Thai central bank eases collateral rules
THAILAND - Central Bank rules had been eased to allow financial institutions to use internal appraisal for collateral of small-sized debtors, rather than external independent appraisal firms, Bank of Thailand assistant governor Thirachai…
Speech by Joseph Yam of the HKMA
SPEECH - Opening remarks by Joseph Yam, JP, Chief Executive, Hong Kong Monetary Authority to the Hong Kong Foreign Exchange and Money Market Practices Committee Conference on Challenges and Opportunities in the New Century, 22 November.