Central Banks
RBI deputy sees ‘miles to go’ despite progress on bank reforms
Asset quality of Indian banks has been improving, says Rajeshwar Rao
Exit from bond yield target was ‘disorderly’, admits RBA
Central bank says it is unlikely to use yield curve targeting again
Legal certainty: the Achilles’ heel for CBDCs?
Many central banks lack legal certainty when it comes to issuing digital currencies, despite all the research and trials. Isn’t it time to get the lawyers involved?
SNB raises rates for first time since 2007
Jordan says the Swiss central bank is ready to prevent “second-round effects” becoming entrenched
BoE’s Mann says UK needs to respond to higher rates abroad
Exposure to global spillovers likely making UK inflation worse, says MPC member
BIS unveils ‘post-quantum cryptography’ project
Innovation Hub centres will also explore climate disclosures and CBDC security
Panama’s president vetoes parts of crypto law
Bankers’ association also opposes law, which president says lacks AML protections
Hungary raises supplemental rate as currency hits record low
Central bank will make greater use of FX swaps as deputy governor says inflation will fall
Laos selects new central bank governor
Parliament elects Bounleua Sinxayvoravong as part of government reshuffle
Swedish financial regulator to become next Riksbank governor
Erik Thedéen will replace Stefan Ingves as Riksbank’s head
IMF chief economist says geopolitics is undermining dollar dominance
Sanctions may have triggered a reassessment of dollar assets, says Pierre-Olivier Gourinchas
RBI aims to triple volume of digital payments by 2025
New strategy document aims to build on “phenomenal” growth in electronic payments
North Macedonia makes third 25bp hike
Central bank moves to increase local currency deposits, while inflation reaches double digits
China keeps key lending rates unchanged despite US rate hike
Chinese inflation remains subdued and there are signs of a marginal improvement in the economy
People: IMF names new Asia-Pacific head
New deputy governors in Jamaica and Azerbaijan, and more
Lebanese judge orders probe into central bank chief to continue
Chief prosecutor wants to file charges of financial crimes against Riad Salameh
Gender equality is key to sustainable development
Bank of Zambia deputy governor Rekha Mhango sets out the central bank’s strategy on financial inclusion
Yen weakens further as BoJ stands by loose policy
Central bank stresses commitment to defending yield curve control despite exchange rate worries
Costa Rican central bank raises rates to highest level since 2011
Board also orders increase in reserve requirements from July as inflation remains over target
Brazil’s MPC continues hikes, but slows pace
Central bank orders eleventh consecutive increase, and says it expects more, but smaller, rises
Hong Kong and Taiwan raise rates
HKMA raises rates by 75bp, but local banks don’t follow, while Taiwan increases by 12.5bp
Argentina increases reference rate 300bp
Central bank says it anticipates inflation will fall despite continuing rise