News
Sri Lanka cuts rates as economy feels effects of Easter attacks
Economy was rebounding in Q1, but appears to have been knocked back, central bank says
PBoC takes over city commercial bank in bid to stop contagion
Central bank says this is a standalone case and it has no plans to take over other banks
Central Bank of Kenya may have violated constitution with new banknotes
Bank is facing criticism over images on new notes
Liberian president fires central bank leadership and board
Weah alleges major “irregularities” by central bank as former governor’s trial continues
ECCB launches new polymer banknotes
Redesigned notes are the first ever vertical notes from the ECCB
Potential Fed nominee wants changes to interest rate policy
IOER hurts private sector entrepreneurialism and gives banks wrong incentive, Judy Shelton says
Central bank independence key to Ecuador programme – IMF
Fund is expected to sign off on first review of extended fund facility in June, providing $250 million
BoE’s Broadbent receives renewed term
Deputy to serve further five years; new appointments made to central bank’s oversight body
BoE makes climate risk a hot topic for banks
Financial institutions must entrust oversight of climate risk to named individual under senior managers regime
Trinidad and Tobago prime minister ridicules central bank’s migrant figures
Acting PM says he has “no idea” how central bank estimated cost of migrant crisis
Taiwan’s central bank vows to defend currency
Taiwanese currency hits 28-month low against US dollar as US-China trade tensions worsen
Venezuela’s central bank finally admits economic collapse
First official data release since 2015 says GDP fell by 22.5% in the year to the third quarter of 2018
De La Rue CEO steps down as firm hit by Venezuelan losses
Banknote company says Venezuelan central bank failed to pay $23 million bill
New data reveals 20% drop in correspondent banking
CPMI data reveals ongoing decline; FSB unveils latest work to reverse trend
Bank of Spain calls for reform of pensions system
Governor sees need for national consensus to secure sustainability of current system
Two top officials leave the New York Fed
Simon Potter and Richard Dzina step down after combined 49 years at the bank
RBNZ points to high private debt as main financial stability risk
New Zealand central bank stresses climate change impact on insurance industry
Hong Kong’s first green bond issuance oversubscribed
HKMA’s $1bn five-year green bond is highly popular; yield drops relative to initial pricing
Costa Rican central bank backs government’s external financing plans
Move would reduce pressure on domestic rates and boost economic growth, it says
Australia poised for rate cut as economy continues to weaken
Low inflation and a declining property market make case for reversal of earlier stance
People: Brazil likely to replace deputy with San Francisco Fed economist
Fernanda Nechio nominated for Brazilian central bank board; two appointments in Lithuania; Sarb fills sixth board position; Guy Debelle takes on Global FX Committee chairmanship; and more
Trump administration proposes new rules to punish currency manipulators
The move would enable the US to pursue more aggressive trade policy measures
FSB working on cyber incident response toolkit
Team developing tools for effective response and recovery after a cyber attack
RBI toughens liquidity rules for non-banks in wake of 2018 stress
Default by IL&FS triggered liquidity problems across financial markets