Reserves
Macedonia, Bosnia want share of FRY gold reserves
Today, on his return from Sarajevo, where a meeting had taken place of the heads of the national banks of the countries that emerged after the Socialist Federal Republic of Yugoslavia broke up, Ljube Trpeski, governor of the Bank of Macedonia, stated…
Dlr top world currency but euro gaining-Duisenberg
European Central Bank President Wim Duisenberg said on Friday that the dollar played a leading role among world currencies but the euro was gaining ground, despite initial disappointments.
Venezuela reserves at highest for almost 3 years
During the last week, Venezuela's international reserves rose by 59m dollars to reach 17.34bn dollars, the central bank announced.
Korea's foreign exchange reserves jump to new high
Korea's foreign exchange reserves rose to a new high of $93.38 billion, Nov. 15, up $680 million from the end of October, the Bank of Korea said yesterday.
Managing foreign debt and liquidity risks
A small group of senior central bankers from the emerging markets met at the BIS for two days in December 1999 to discuss the management of foreign debt and liquidity. A book containing the papers discussed at the seminar has now been released on the BIS…
Libya to unify foreign exchange system by 2001
Libya plans to unify its two-tier foreign exchange system by the end of 2001 in a move that would also seek to protect foreign investors from fluctuations, a government minister said on Tuesday.
BOT takes new swipe at baht speculators
The Bank of Thailand (BOT) has introduced another measure to discourage baht speculation that will limit how much Thai currency may be bought without underlying transactions, and it says it plans to monitor non-resident baht accounts more closely.
The euro from the Turkish standpoint - Gazi Ercel
Gazi Ercel, the governor of the Central Bank of Turkey, gives his views on how the euro has affected the Turkish economy: currency basket, trading partner, external debt and reserves management.
Algerian bank chief sees 3.8% 2000 growth
Algeria's oil-dominated economy is expected to achieve 3.8% growth this year, up from 3.2% in 1999, central bank governor Abdelwahab Keramane told parliament last week. FX reserves have also been boosted.
US bought 1.5 bn euros in Sept. 22 intervention
The US monetary authorities intervened in the foreign exchange markets on one occasion during the third quarter, on 22 September, buying a total of 1.5 bn euros, the Federal Reserve Bank of New York said today in its quarterly report to the US Congress.
China confirms Wu Xiaoling as forex chief
The People's Bank of China has annouced the appointment of Wu Xiaoling as director general of the State Administration of Foreign Exchange.
Salameh - new Cabinet takes heat off pound
Lebanon's central bank governor Riad Salameh said that the pressure on the Lebanese pound had eased substantially since the formation of the new government and would continue to do so in the near future.
John Nugee goes to State Street
John Nugee, the head of reserve management at the Bank of England, has moved to State Street. Paul Chilcott is the new chief reserve manager.
Yemen cenbank governor counts oil blessings
Robust oil prices have helped boost Yemen's foreign reserves to a recordhigh of $2.5bn. The extra revenues are also speeding up economic reformsand the repayment of the country's debts, central bank governor AhmadAbdul-Rahman al-Samawi said.
Risk Management in Danmarks Nationalbank
This article by Ib Hansen and Christian Olgaard, in line with the National Bank of Denmark's transparency policy, takes an inside look at the way the bank manages financial market risks.
Jobs in Asset Management in Norges Bank
There are two exciting job vacancies in "Global Equity Portfolio Management" at the Norges Bank in London for experienced asset managers.
Eesti Pank enhances risk management
Eesti Pank, Estonia's central bank, has enhanced its risk management procedures following the advice of a foreign asset management company.
ECB posts loss in 1999
During 1999, in its first full year of operation, the European Central Bank(ECB) posted a loss of EUR 247m.
ECB posts loss in 1999
During 1999, in its first full year of operation, the European Central Bank(ECB) posted a loss of EUR 247m.