Central Banks
Stimulus saved Asia, but currency changes crucial: ADB
Asia growth to soar on remnants of stimulus, but currency appreciation and capital controls key to long-term prospects, says Asian Development Bank
Fund relents on capital controls
IMF admits capital controls have a role to play in its latest flagship report overturning long-held position, fleshes out possible capital surcharge framework
Central bank net gold sales fell 80% in 2009
Slowdown in European sales and India's purchase from IMF lead net sales to slump to 41 tonnes says research body
Singapore in surprise tightening
Monetary Authority of Singapore raises centre of exchange rate band, says it will target modest currency appreciation
Bair: FDIC-style bailout needed for very large banks
Chairwoman of the FDIC Sheila Bair outlines resolution regime for the biggest firms
RBNZ finds strong co-movement in inflation
Paper from New Zealand's central bank indicates category specific factors account for large co-movement in inflation among internationally traded commodities
IMF stockpiles funds for crisis resolution
Fund prepares for the worst with $500 billion in extra funds from a standing borrowing arrangement with selected members
Skrzypek warns Poland against adopting the euro in final remarks
An article written by late president of the National Bank of Poland Slawomir Skrzypek warns against a premature euro entry, his death on Saturday may have implications on the central bank's stance on the single currency
Money market integration biggest casualty of crunch: ECB
ECB’s financial integration report says areas in which most integration was achieved took the hardest hit, but recovery is following similar pattern
Serbia nominates academic for top role
National Bank of Serbia council chief Dejan Šoškić picked by administration to take over after Jelašić’s shock resignation, hints at dovish views
Fed to lose monetary affairs chief
Monetary affairs director Brian Madigan plans to retire later this year, he is succeeded by deputy director William English
Greece’s $40 billion bailout an improvement, but issues remain
Markets soothed as firm details of Greek rescue plan are announced, eurozone will provide €30 billion at discounted 5% rate for year forward, analysts less convinced
Poland’s search to find new governor on hold for now
Warsaw remains in mourning over the death of 96 members of its political elite following a plane crash on Saturday morning, in which both President Lech Kaczynski and central bank governor Slawomir Skrzypek were killed
Bini Smaghi: monetary policy should not be burdened with additional objectives
Lorenzo Smaghi says lax policy may have contributed to the crisis, but inflation targeting should remain core objective
SF Fed: crisis showed simple policy rules more effective
San Francisico Fed paper reaffirms strength of simple policy guideline to monetary policy but stresses need for international framework
NY Fed's Dudley demands new bubble-bursting tools
New York Fed president calls for a judgment-based approach to dealing with asset price bubbles
INET: Soros leads calls for reform
Soros argues for financial markets to be understood as a branch of history in order to prevent crises
Iceland’s “grossly negligent” central bankers caused collapse: report
Much awaited parliamentary report singles out seven individuals including Icelandic central bank’s governing board trio as responsible for 2008 collapse of banking sector
Armenian central bank heads for the hills
Some functions of Armenian central bank will relocate to a resort town, slated to be the country’s new financial hub, in 2013
BoJ dissenters deemed measures "inappropriate"
Minutes show disagreements in Bank of Japan's top ranks as country returns to growth despite deep-seated problems
Polish governor killed in crash
Slawomir Skrzypek onboard President's airplane, central bank confirms
IMF: Lat Am banks a match for foreign rivals
IMF paper indicates foreign banks are no more efficient than domestic ones
Malaysia’s Zeti: savings will need to stay in Asia
Bank Negara Malaysia’s Zeti Akhtar Aziz says savings must be recycled regionally
HKMA: offshore markets can help boost currency trade
Hong Kong Monetary Authority says risks of trading currency in offshore markets are manageable