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Euroclear appoints John Trundle MD

Euroclear SA/NV announced on Thursday 19 May that John Trundle will become Managing Director and head of Risk Management for the Euroclear group, effective 6 June.

Interview with RBI's Reddy

In an interview published on Wednesday 18 May Reserve Bank of India Governor Yaga Venugopal Reddy said any revaluation of the Chinese yuan will have less of an impact on India than other Asian countries.

Greenspan could stay on longer at Fed

The US administration of George W. Bush is considering whether to encourage Federal Reserve Chairman Alan Greenspan to stay for at least a few months beyond the 31 Jan expiration of his term, the Washington Post reported this week.

Fed's Gramlich resigns to pursue teaching

Edward Gramlich submitted his resignation Wednesday 18 May as a member of the Board of Governors of the Federal Reserve System, effective 31 August. Gramlich is resigning to pursue several teaching and research interests.

Mervyn King and the invisible hand

Bank of England governor Mervyn King delivered a speech this week in which he revealed his "Maradona theory of interest rates" based on the Argentine legend's second goal against England in the 1986 World Cup quarter-final.

PBOC's Zhou Xiaochuan on exchange rate reform

In a recently published interview Zhou Xiaochuan, Governor of the People's Bank of China, said we will make active and steady efforts to push ahead with the reform of the RMB exchange rate regime on a well-planned and step-by-step basis.

Duisenberg reveals political interference

European Central Bank ex-President Wim Duisenberg disclosed for the first time recently that German Chancellor Gerhard Schroeder, French President Jacques Chirac and Italian Prime Minister Silvio Berlusconi have all tried to influence the ECB's monetary…

Nigeria appoints deputy governor after resignation

The Central Bank of Nigeria announced on Tuesday 3 May that Dr Obadiah Mailafia will replace Mrs Wahir Mshelia as the Deputy Governor for Policy on Monday 9 May. Mshelia resigned last week with press reports suggesting there were 'strong indications' she…

Brazil's Supreme Court upholds partial immunity

The Supreme Federal Court on Thursday 5 May upheld the decision to give Brazil's central bank President Henrique Meirelles immunity from prosecution from common courts in an ongoing illegal tax and forex transaction case against him, local media reported.

HKMA appoints deputy chief executive

The Hong Kong Monetary Authority announced on Tuesday 26 April that the Financial Secretary has approved the appointment of Mr Y. K. Choi as Deputy Chief Executive of the HKMA. Two other appointments were also made, which will all take effect on 1 June.

Interview with Bank Indonesia's deputy governor

In an interview published this week, Bank Indonesia senior deputy governor Miranda Gultom said the central bank is preparing to introduce new money-market instruments to address the alarming sag in the local currency and perceived shortcomings of present…

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