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Economics

Zimbabwe currency swap hits deadline

Zimbabwe's old currency ceased to become legal tender at midnight on 21 August, as the deadline ran out for citizens to exchange their notes for new denominations with three less zeroes.

StatsCan miscount adds up to doubts

Following the revelation that Statistics Canada has miscalculated inflation numbers, this article from The Canadian Press, published Thursday 17 August, says experts are now questioning another of the agency's reports.

BoE paper on the danger of inflating expectations

According to the Bank of England Working Paper "The danger of inflating expectations of macroeconomic stability: heuristic switching in an overlapping generations monetary model" the volatility of inflation and output has fallen in most advanced…

Yuan volatility may signal appreciation

According to this article published Wednesday 16 August by Reuters, big swings in the dollar/yuan rate over the past three days suggest China's foreign exchange market is becoming freer and more volatile.

Central Bank of Bosnia & Herzegovina - Ann Rep 05

According to the Central Bank of Bosnia & Herzegovina's Annual Report 2005, the economy continued its growth from the previous period, and in 2005 it grew at the significant, but slightly lower rate than in 2004. Such a growth is close to that recorded…

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