News
European Central Bank Press Release
PRESS RELEASE - Evaluation of the 2002 cash changeover, 24 April.
HM Treasury Press Release
PRESS RELEASE - Chancellor announces new appointee to the Monetary Policy Committee, 24 April.
Richmond's Broaddus says US recovery appears solid
US - Richmond Federal Reserve President Alfred Broaddus on Wednesday expressed confidence that the U.S. economic rebound would prove to be a solid one, but said the Fed needs more information to gauge the recovery's pace.
Central bank invite non-resident to invest in Iran
IRAN - The Governor of the Central Bank of Iran(CBI) Mohsen Nurbakhsh called on the non-resident Iranians to invest in Iran and use their assets to buy shares from Tehran exchange market.
Brazil's central bank plans new payments system
BRAZIL - The Central Bank of Brazil will put in place a new payments system for large transactions, Sistema de Pagamentos Brasileiro, in 2002, following guidelines from the Basel-based Bank for International Settlements.
World growth set for recovery - OECD
FRANCE - The world is set for a strong economic recovery next year, according to a leading international organisation.
Ignatyev sets priorities for central bank policy
RUSSIA - Central Bank CEO Sergei Ignatyev reported on new priorities for the Russian banking system on 24 April.
IMF shows support for Hong Kong dollar peg system
HONG KONG - The International Monetary Fund Thursday voiced strong support for Hong Kong's currency peg system to the U.S. dollar, and said it hasn't eaten into the regions economic growth.
Argentina tightens banking freeze
ARGENTINA - Argentina's Congress has passed a law aimed at rescuing the country's banks by making it more difficult for savers to withdraw their cash.
China reaffirms separation of banking, regulation
CHINA - The People's Bank of China, the country's central bank, has turned down the calls for removal of the wall between the banking, insurance and securities sectors, reaffirming that the wall will remain there for now.
Jarai should remain as chief of Hungary's c bank
HUNGARY - Zsigmond Jarai will remain in his position as head of the National Bank of Hungary (MNB), Peter Medgyessy, the probable next prime minister of Hungary told reporters on Monday.
IMF official-Japan ought to adopt inflation target
JAPAN - The Bank of Japan needs to adopt an inflation target to stop price falls within 12-18 months, an International Monetary Fund official said Tuesday.
Hayami - 'Stupid' to ask me if about to resign
JAPAN - Bank of Japan Governor Masaru Hayami shot down speculation that he might resign before his five year term ends next March.
Poland may be some way off euro entry
POLAND - Poland will not join the European monetary union earlier than in 2007, believes Krzysztof Jakubiszyn, advisor to the chief of the central bank.
Russian Duma confirms new c bank deputy chairmen
RUSSIA - Russia's lower house of parliament confirmed central bank deputy chairmen Oleg Vyugin and Andrei Kozlov, two state finance veterans, to the board of the central bank on Wednesday.
Economy minister quits amid crisis in Argentina
ARGENTINA - Argentina's economy minister resigned from office yesterday, throwing the country's economic course into question and the government into fresh disarray.
ECB Press Release
PRESS RELEASE - The European Central Bank's Annual Report 2001, 23 April 2002.
ECB Press Release
PRESS RELEASE - New ECB Regulation in the field of minimum reserves, 23 April.
G10 ministers and governors communique
PRESS RELEASE - Communique of the ministers and governors of the Group of Ten, Washington D.C., 22 April.
Bank of England News Release
NEWS RELEASE - New deputy agents appointed at the Bank of England, 22 April.
European Parliament Press Release, 23 April
PRESS RELEASE - All clear for new ECB Vice-President.
BOU forex strategy may be paying off
UGANDA - The Bank of Uganda's (BOU) new strategy of intervening into the foreign exchange market without disclosing amounts sold, seems to be working, reports New Africa News.
Afghanistan backs national currency
AFGHANISTAN - The central bank in Afghanistan has intervened to support the national currency, buying $500,000 worth of afghanis from the Kabul money market.
New Greek governor may be chosen in May
GREECE - A central bank governor for Greece is likely to be chosen in the middle of May - to replace Lucas Papademos, who was elected earlier this month as the European.