Central Banks
BIS's Sleeper: How cbs manage their finances
In a speech 'How central banks manage their finances' given on 18 February, Robert Sleeper of the BIS said the fact that central banks are increasingly taking risks in an attempt to improve the return on their reserves raises the question of whether or…
Bundesbank's Weber visits Riksbank
The President of the Deutsche Bundesbank, Professor Axel A Weber, was due to visit the Sveriges Riksbank on Tuesday 22 February.
Colombia to sell $1 billion in foreign reserves
Colombia's central bank will sell the government at least $1 billion in foreign reserves to help prepay debt, according to the Finance Minister, Bloomberg reported.
Rating agency positive on Lebanon reserves
Leading international rating agency Standard & Poor's said on Monday 21 February that Lebanon's central bank foreign currency reserves will not be affected in the short term by the murder of former Premier Rafik Hariri.
BoE's Barker says uncertainty prevented rate rise
Bank of England Monetary Policy Committee member Kate Barker was reported as saying in an interview that the uncertain short-term outlook for the UK economy prevented the nine-member MPC from raising interest rates in February.
Bank of Korea plans to diversify reserves
South Korea's central bank has said it plans to diversify its reserves, which are the world's fourth largest, into a greater variety of currencies. It's reserves have traditionally been held in U.S. Treasuries and agency debt.
Interview: Seung Park
The governor of the Bank of Korea discusses reserve management, central bank independence and closer cooperation in East Asia in conversation with Robert Pringle.
Politicians’ itch to interfere
Central Banking takes a look at some recent skirmishes between central bankers and politicians. A report by economics correspondent Paul Brione.
A framework for financial stability
Five questions must be answered by those looking for a way to formulate policy in financial stability, says Andrew Haldane.
News Analysis : The rise of reserve management
Nick Carver looks back on two surveys1 of central bank reserve managers.
Lessons learned from outsourcing at Norges Bank
Can a central bank outsource IT services that are systemically important? Semming Austin recounts the approach taken by Norges Bank.
IT systems in smaller central banks
Central bank IT cannot stand still, but limited resources mean smaller institutions must plan carefully, says Terry Beadle.
Central banking on the move
Michael Yorke and Jeff Klein describe how advances in mobile computing can meet the needs of today’s central banks.
Central banking joins the internet age
The internet provides opportunities – but also risks – for central bank services. The authors explain how the Bank of Japan moved over to the net.
Effective IT with limited resources
IT departments in small central banks face particular challenges in providing services. Jennifer Greaves sets out how they can be met.
Managing IT as a business
How can a central bank get the best out of its information technology? Bruce Summers explains.
Iraq’s central bank: in search of a raison d’être
Iraq’s underdeveloped financial markets make it impossible for the central bank to fulfil its mandate argue Matt Sekerke and Steve H. Hanke.
The Bank’s reforms take shape
Central Banking reports on the Bank of England’s plans to revolutionise the way it sets interest rates.
How Tokyo will market the yen
Anthony Rowley reports from Tokyo on plans to sell the yen as a reserve currency.
Bank of Japan Monthly Report, February 2005
The Bank of Japan published the English version of its January 2005 monthly report on 21 February. In the report the BoJ said the economy continues to recover, leaving its view unchanged for a third consecutive month.
Sweden's Persson: monetary policy in low inflation
In a speech on 'Monetary policy in a low-inflation economy' given on 18 February, Kristina Persson of the Sveriges Riksbank said international economic activity is expected to continue to strengthen and resource utilisation in the world economy to become…
IMF's Rato on Latin America in the global economy
In a speech on 'Latin America in the global economy - Challenges and opportunities' given on 4 February, Rodrigo de Rato of the International Monetary Fund said global growth should remain robust in 2005 although at a slightly slower pace than a year…
Fazio on outlook for the global economy and Italy
In a speech on 'The outlook for the global economy and Italy' given on 12 February, Antonio Fazio of the Bank of Italy said the ECB has left interest rates at two per cent "given the expectation of inflation returning below 2pc and the still uncertain…