Central Banks
Estonia circulates improved notes
The Bank of Estonia on Thursday released into circulation new EEK25 ($2.52) and EEK500 ($50.30) notes with enhanced security features.
Taiwan raises rates
Taiwan's central bank has increased its key policy rates by 12.5 basis points each as part of a raft of monetary policy measures aimed at controlling inflation, which is now at a seven-year high.
Ten trends in large-value payment systems
A new paper published by the New York Federal Reserve highlights ten trends in the development of large value payment systems worldwide.
RBA's Debelle on open market operations
The market turmoil of recent months makes it an opportune time give a speech on how Australia's central bank conducts its open market operations, said Guy Debelle, the assistant governor for financial markets at the country's Reserve Bank.
Cross-border payments in Europe
A survey carried out by the Netherlands Bank finds that Dutch consumers pay differently for their cross-border purchases than for their domestic purchases.
SARB's Mnyande on recent economic developments
Monde Mnyande, the chief economist of the South African Reserve Bank, has set out why CPIX inflation is unlikely to return to within the central bank's inflation target range before 2010.
HKMA shuffles executive directors
The Hong Kong Monetary Authority (HKMA) on Thursday announced two new executive director appointments.
NY Fed revamps organisational structure
The New York Federal Reserve on Thursday announced a raft of changes that will see the creation of two new groups and the promotion of three officials to the role of executive vice-president.
Fed keeps rates on hold
The Federal Open Market Committee (FOMC) opted on Wednesday to hold rates for the first time since August following a sequence of eight straight cuts.
Poland raises rates a quarter point
The National Bank of Poland increased rates by a quarter point on Wednesday.
Turkey will conquer inflation: Yilmaz
The Central Bank of Turkey will not dodge its responsibility for the maintenance of price stability, Durmus Yilmaz, the governor of the institution, stated.
Fed's Kohn advocates exchange-rate flexibility
Donald Kohn, the vice-chairman of the Federal Reserve, has said that the gains from monetary policy would be better achieved with more exchange-rate flexibility.
The determinants of euro's global currency role
A research note from Deutsche Bank finds four factors that would lead to a rise in the use of the euro as an international currency by 2010.
Norwegian rates rise to five-year high
Norges Bank has increased its benchmark rate by a quarter point to 5.75%, its highest level since January 2003.
Saudi governor confirms GCC currency plan changes
The Gulf Cooperation Council (GCC) looks set to drop its 2010 target for monetary union after the governor of the Saudi Arabian central bank said that it would take longer than two years to establish a common currency.
SWFs involved in Barclays's £4.5 billion share off
Two sovereign wealth funds will invest a combined amount of almost £2 billion (£3.93 billion) in Barclays, the bank said on Wednesday.
Former Indonesian governor stands trial
Burhanuddin Abdullah, the former governor of Bank Indonesia who is facing corruption charges, appeared in court on Wednesday.
World Bank publishes governance indicators
Several of the world's emerging economies now have better governance standards than their industrialised peers, the World Bank's latest governance indicators reveal.
Trichet reiterates price stability commitment
Jean-Claude Trichet, the president of the European Central Bank, has said that the rate-setting Governing Council is strongly determined to secure the firm anchoring of longer-term inflation expectations.
India acts on double-digit inflation
The Reserve Bank of India on Tuesday made its second emergency rate increase this month, raising borrowing costs by half a point after inflation reached a 13-year high last week.
Tussle forces Tokyo to drop Ikeo nomination
Japan's ruling party will abandon its bid to appoint Kazuhito Ikeo to the Bank of Japan's rate-setting council after the opposition said it would no longer support the move.
Knight departure prompts BIS governance queries
A leading German daily has questioned the integrity of the Bank for International Settlements (BIS) after it emerged that Malcolm Knight, the departing general manager, will not take gardening leave before joining Deutsche Bank, a leading global bank.