News
Central banks’ pandemic interventions averaged 6% of GDP
IMF paper finds relief measures were three times bigger than in global financial crisis
IMF plays key role in Ukraine aid
Ukraine is first country to receive large loan under new lending standards
SEC charges Binance and Coinbase
World’s largest crypto exchanges accused of illegal operations at expense of investors
RBA raises interest rate to 11-year high
Governor Philip Lowe signals further rate hikes may be needed
Currency round-up: Lebanon considers new high-denomination notes
South Africa issues upgraded notes; Argentina 2,000 peso enters circulation; and more
RBA bans PwC from new contracts until scandal cleared up
Consultancy firm mired in controversy over leaking Australian government tax plans to clients
Argentina applying to join New Development Bank
China renews 130 billion yuan swap line with Latin American country
Banknotes: April to June 2023
A round-up of news and salient issues that have affected central bankers in the past three months
People: April to June 2023
A round-up of central bankers in the news and on the move during the past three months
Central banks need short-run climate models – BdF governor
Governments may push central banks into ineffective climate action, Sarb governor warns
Dominican Republic cuts key rate by 50bp
Central bank expects headline inflation will have returned to target in May
Bank of Mexico to maintain tight policy, minutes say
Board says it will have to keep rates at 11.25% “for an extended period”
Hong Kong legalises retail crypto trading
Licensed exchanges will be able to trade major virtual tokens to retail investors
Sudan’s warring parties attack central bank and currency printers
Military sacks governor as fighting drives up prices amid existing food shortage
South African central bank prepares for total power failure
Sarb working on resilience plans but warns only “some transactions” may continue
Lagarde warns against excessive tightening
Eurozone inflation declined sharply in May from 7% to 6.1% and core inflation declined to 5.3%
Chilean commission proposes broader central bank mandate
Elected councillors and experts will decide on proposal before voters decide in December
Singapore’s central bank to work with Google on AI
MAS also announces AI training programme for financial sector
IMF economist takes on vexed question of macro-pru calibration
Housing markets are “at a turning point”, says Laura Valderrama, and policy faces tough trade-offs
BoJ explores holdings limits for CBDC accounts
Central bank says setting overall holding limits could raise privacy issues
Common deposit insurance essential for financial stability, says ECB
Central bank says tighter financial conditions are putting pressure on households and businesses
Thailand’s central bank raises interest rate for sixth consecutive time
Central bank highlights upside risks to inflation amid economy recovery
Nigerian parliament lifts central bank financing limit
Central bank has lent government tens of billions as fiscal problems mount
Sarb sounds alarm on sanctions risk
Central bank says country could face financial isolation if US thinks it arms Russia