Central Banks
South African currency hit by risk aversion
South Africa - A general increase in risk aversion by international investors constituted a factor which had recently cast a shadow over the South African currency rand, Reserve Bank governor Tito Mboweni said on 13 July.
CB to work out ideas for commercial banks on euro
HUNGARY - The National Bank of Hungary (MNB) is preparing recommendations to commercial banks regarding the introduction of euro coins and notes in 12 EU member states as of 1 January 2002, MNB spokesperson Gabor Missura said.
BIS Working Paper on euro and financial markets
RESEARCH - The Bank for International Settlements (BIS) has published a working paper on the impact of the euro on Europe's financial markets. The paper is written by Gabriele Galati and Kostas Tsatsaronis, July 2001.
Bank of Finland Bulletin No. 2, 2001
RESEARCH - The Bank of Finland has published its second bulletin of 2001. It includes articles on the Bank of Finland's macroeconomic forecast 2001-2003 and looks at the Eurosystem's monetary policy instruments.
Central Bank of Ireland, Bulletin, Summer 2001
IRELAND - The Central Bank of Ireland has published its Bulletin for Summer 2001.
Europe and the New Economy
SPEECH - Eugenio Domingo Solans, Executive Board Member of the European Central Bank gave a speech on 9 July. The speech was titled 'Europe and the New Economy'. The speech is in Spanish.
The Information Campaign - Euro 2002
SPEECH - Wim Duisenberg, President of the European Central Bank gave a speech titled 'The Information Campaign - Euro 2002' in Paris on 10 July. The speech is in French.
Speech by Yutaka Yamaguchi Dep Gov Bank of Japan
SPEECH - Yutaka Yamaguchi, Deputy Governor of the Bank of Japan, gave a speech at the Edinburgh Finance & Investment Seminar, on 22 June. The speech was published on 9 July.
Bangladesh central bank launches website
BANGLADESH - Bangladesh Bank, the country's central bank, on 11 July opened its website to allow access to economic information and financial data.
Indonesia c-bank implements new settlement system
INDONESIA - Bank Indonesia (BI), the Indonesian central bank, has implemented the Real-Time Gross Settlement (RTGS) system in Bandung. RTGS facilitates high-speed, high-value transactions. BI will also use RTGS to monitor the liquidity of banks and as an…
Decentralized Portfolio Management
RESEARCH - Paulo Coutinho and Benjamin Miranda Tabak at the Central Bank of Brazil have produced an article titled Decentralized Portfolio Management. It is part of the Bank's Working Paper series, June 2001.
Federal Reserve Bank of New York Research
RESEARCH - Kevin J. Stiroh at the Federal Reserve Bank of New York has published an article titled Investing in Information Technology: Productivity Payoffs for U.S. Industries. The article is published in Current Issues in Economics and Finance, June…
Phillips Curve on Inflation - Toss a coin instead
RESEARCH - Andrew Atkeson and Lee E. Ohanian of the Research Department of the Federal Reserve Bank of Minneapolis have published an article in the Winter 2001 of the Bank's Quarterly Review.
Economic Developments at Home and Abroad
SPEECH - The Governor of the Reserve Bank of Australia, Ian Macfarlane, has given a speech at the Joint Australian Business Economists & Economic Society (New South Wales Branch) Dinner in Sydney, today, 10 July.
Speech by Fed Bank of Chicago President M Moskow
SPEECH - Michael H. Moskow, President and CEO of the Federal Reserve Bank of Chicago spoke at the Greater Milwaukee Committee monthly meeting, Milwaukee, Wisconsin on 9 July.
Advisers join Thai monetary policy board
THAILAND - Aran Thammano and Chaiyawat Vibulsawat have been appointed as advisers to the Bank of Thailand's monetary policy board. They have been authorised to give suggestions and opinions to the board, which convenes on a monthly basis.
New York Fed names new appointments
NEW YORK - The Federal Reserve Bank of New York announced that its board of directors has approved the promotion of three officers to assistant vice presidents and named eight new officers at the bank.
Central Bank Governor - Mexico confident
MEXICO - Self-confident Mexico shrugs off the jitters - Central bank chief says sound fundamentals have helped Mexico avoid the pitfalls of an emerging market.
Sweden needs stabilising tool for euro entry-union
SWEDEN - Swedish membership of the euro is not desirable unless there is a tool to stabilise the economy which would compensate for the loss of national monetary policy, the country's biggest trade union group said on 10 July.
Brazil currency weaker as Argentina worries
BRAZIL - Brazil's currency weakened by about 1.7 percent by noon 10 July as concern over Argentina and its attempts to sell new debt undercut attempts by the Central Bank to prop up the embattled real.
CentralBankNet's Special Report on the euro
ARTICLE - To join or not to join? The euro issue is proving to be deeply divisive and so far the UK government is resisting calls for a serious debate on the subject but uncertainty could prove to be costly to sterling and the economy.
Taiwan premier issues 5 point directive to c bank
TAIWAN - Taiwanese Premier Chang Chun-hsiung has issued a five-point directive to the Central Bank of China (CBC), urging it to help revitalise the sagging economy and speed up financial reform.