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Central banks complete cross-border open finance prototype
BIS-led initiative connects systems of Brazil, Hong Kong, India, UK and UAE
Don’t kill stablecoins by over-regulating them – Fed’s Waller
Digital assets will foster competition in payments and broaden US monetary sovereignty, governor says
Austria launches initiatives to combat online payment scams
OeNB to work with federal police to combat phishing and raise awareness about fraud
Syria extends deadline for exchanging old currency
Replacement rate stands at 63%, says governor
Market data good predictor of FX swings – BoJ research
Paper examines trade repository information in foreign currency markets
Powell makes renewed case for Fed independence
Former chair invokes presidents Kennedy and Adams in plea for institutional autonomy to be respected
RTGS systems process nearly 200 million payments on average
Transaction values average $11.6 trillion among respondents
How to deal with geopolitical risks, central banking-style
Managing the fastest-rising risk category requires a combination of old and new thinking
Sarb hikes interest rates for first time in three years
MPC split, though governor says this was more about timing than direction of travel
Tensions between Banrep and government ease before elections
Recent ruling by Colombian court further enhances central bank’s independence
Economists find ‘strong and stable’ Phillips curve in China
Past studies had struggled to pin down a clear link between inflation and output in the economy
US tech equities, euro, sterling and yen add to Norges Bank losses
Reserves portfolio sees gains on US Treasuries and Chinese government bonds amid modest drop
Number of RTGS fee-regulating central banks rises
More than two-fifths of retail payments ecosystem were diversified in 2025
RBNZ to receive money from tax on New Zealand banks
Finance minister says levy to ensure costs borne by market players, not taxpayers
China and Serbia triple size of swap line
Serbian governor says swap line represents ‘iron friendship’ with China
Liquidity rules partly pay for themselves – BIS paper
Banks benefited from lower funding costs after implementing the liquidity coverage ratio, authors find
IMF approves $695 million funding for Sri Lanka
Funding comes as country grapples with rising inflation and currency depreciation
Eurosystem to move T2 to round-the-clock operating hours
Payment systems to be available at all times as instant payments gain popularity
Non-banks lack central bank oversight in some jurisdictions
One in five smaller central banks lack oversight on all payment systems
Fed’s Cook touts use of AI in financial stability analysis
Technology can analyse complex patterns at scale and produce efficiency gains, governor says
BoK holds as Shin signals rate hikes to come
Governor says tech growth to outweigh drag of Middle East conflict
Behind the scenes of the Bundesbank’s capacity-building programme
A multi-year effort has helped shore up expertise at West Balkan central banks. Will African and former-CIS institutions be equally responsive to Eurosystem technical assistance?
Canada joins central banks’ multi-currency blockchain project
Work advances on Project Agorá but ledger governance questions unanswered
QT does not produce opposite effects to QE, evidence suggests
BoE study considers implications of 1980s ‘overfunding’ for policy-makers today
Uruguay holds interest rates steady at 5.75%
BCU says balance of risks to inflation are tilted “slightly upwards”
Some payment departments struggle with staffing capacity
Payment teams from Africa and the Americas report highest staff shortage
Official lending replaces private capital during crises – paper
Public creditors charge below-market interest rates on loans to sovereigns in crises, NBER study finds
RBNZ governor’s tiebreaking vote keeps rates on hold
New Zealand central bank says rate increases likely at future meetings
Podcast: AI accountability in central banks
Transparency and explainability thresholds rise with risk and impact
ECB board members begin priming markets for rate hike
Schnabel “does not expect” TPI to be needed as bond selloff was driven by “inflation compensation”
Haiti’s woes exacerbated by supply shocks – governor
Ronald Gabriel says regional central banks should adopt more internationalist approach
Former central banker appointed as Senegalese prime minister
Decision comes as government grapples with ongoing debt crisis
National Bank of Georgia to launch stablecoin with Tether
Governor Turnava welcomes investment at regulatory framework launch
Sri Lanka surprises with 100bp policy hike
Central bank says tightening needed to combat inflation and rupee’s slide amid Iran war
Payments units have median staffing of 30 FTE personnel
Central banks say they are boosting staff numbers to keep pace with evolving technology
Edna Villa on the BSP’s shift to a risk-return SAA
Philippines’ reserves head speaks about diversification, climate risks, daily stress-testing and operational technology reforms
IMF approves $1bn disbursement to Argentina
Board releases funds following agreement in April
More African nations respond to inflationary effects of Iran war
Mauritius and Rwanda raise rates, though Nigeria, Ghana and Egypt opt to hold
Serbian central bank reprimands artist for ‘defacing’ banknotes
Andrej Josifovski printed anti-government symbols on dinars ahead of student protests
AI will transform growth and employment structure – Bailey
The question is when and how this will happen, BoE governor says
Philippines governor says off-cycle rate hike possible
Remolona says BSP may have fallen behind the curve on inflation
Economists use AI to expand data on cross-border flow limits
IMF paper draws lessons from 40,000 policy moves designed to control financial flows
Dollar smiles again, but for how long?
Twitchy investors backed the buck during Iran war, but experts are divided on whether this marks a return of the dollar smile
Book notes: The art of monetary policy, by Kristin Forbes
The message that effective monetary policy-making requires judgement, flexibility and realism alongside technical expertise is both persuasive and highly relevant
Fed proposes accounts for fintechs day after Trump’s XO
Lisa Cook welcomes proposals, but Barr points to AML risks
Malawi FX crisis due to structural weakness, says deputy governor
Central bank has taken measures to boost reserves, but says real issue is economic management
Europe’s central banks face tough policy calls – Barclays CEO
Venkatakrishnan also spoke on UK political uncertainty, Brexit and banking regs
French lawmakers confirm Moulin as next BdF governor
Villeroy de Galhau’s successor opens door to greener policies, throws support behind digital euro
AI architecture ‘a source of financial instability’ – ECB paper
LLMs and Q-learning trading algorithms both amplify market distress, researchers find
High-value notes: default money for criminals?
Some experts say the notes are a boon for felons, and that central banks should stop issuing them
