News
Norges Bank's monetary policy conference 2006
On Thursday 30 March, Norges Bank is holding a monetary policy conference in connection with the publication of Norges Bank's Annual Report for 2005.
SARB slows forex buying
The Reserve Bank of South Africa slowed its buying of US dollars to $345m last month from $1,289bn in January, figures published Tuesday showed.
Bank of Canada raises rates to 3.75%
The Bank of Canada announced Tuesday that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 3/4 per cent.
Libya appoints new central bank governor
Libya's top legislative and executive body has appointed Farhat Omar Bin Guidara as the new central bank governor, replacing Ahmed Mohammed Moneisi.
OECD cautions Japan on policy move
The OECD cautioned Japan on Monday 6 March against a hasty move to end its zero interest-rate policy, saying the country was only slowly emerging from deflation.
Japan's Abe says BOJ should be transparent
Japan's top government spokesman said on Tuesday 7 March that it was important that the Bank of Japan's monetary policy is transparent.
Ex-Buba Milow on govt gold grip
In Saturday's issue of Frankfurter Allgemeine Zeitung, the former Bundesbank branch office manager Christian Milow wrote at length about "The grip of the government on gold" ("Der Griff des Staates nach dem Gold").
ECB publication of an enhanced 'Blue Book'
The European Central Bank on Monday 6 March published a statistical addendum to the publication "Payment and securities settlement systems in the European Union and in the acceding countries" (known as the "Blue Book") incorporating 2004 data.
Kyrgyz Rep's Sarbanov 'temporarily discharged'
Kyrgyzstan's central bank chairman Ulan Sarbanov has been removed from office temporarily due to a legal suit filed against him.
Inflation risk explains rate hike - Trichet
Speaking to journalists on Monday 6 March, European Central Bank president Jean-Claude Trichet said the ECB raised rates last week because of an increase in inflation risks in recent months.
Fukui says BOJ at 'important phase'
The Bank of Japan is at an "important phase" in assessing whether core consumer prices are on a stable rising trend, Governor Toshihiko Fukui said Monday 6 March.
China won't cut dollar reserves - PBOC's Zhou
People's Bank of China governor Zhou Xiaochuan said in an interview that the country will not reduce its US dollar foreign exchange assets but intends to adjust the mix of its reserves.
PBOC official says 'no timetable' on controls
China has "no timetable" for further easing of its foreign exchange controls, a state news agency quoted a senior official as saying on Friday 3 March .
Greenspan: The $7 million dollar man
Top publishers are lining up to bid on the memoirs of former Federal Reserve Chairman Alan Greenspan - and the price tag could reach out-of- this-world proportions.
Sultanov elected speaker of Kyrgyz parliament
Former governor of the National Bank of the Kyrgyz Republic, Marat Sultanov, was elected Speaker of the Kyrgyz parliament on Thursday 2 March by a majority of 45 votes, Itar-Tass reported.
Fed's Olson calls for Gulf region creativity
Federal Reserve Board Governor Mark Olson said on Thursday2 March that banks in the storm-hit Gulf Coast region are going to have to come up with creative solutions in the effort to rebuild operations.
Yosano not sure to give view at BOJ meeting
Japanese economy and banking minister Kaoru Yosano said on Friday 3 March that the Bank of Japan should decide when to end its quantitative easing policy and that he wasn't sure if the government would give its view at the BOJ's upcoming meetings.
BOJ set to end ultra-easy policy - report
Senior Bank of Japan officials have decided to submit a proposal to end the central bank's super-loose monetary policy at next week's BOJ board meeting, two Japanese news agencies reported on Friday 3 March.
Renminbi Settlement System goes live
The Hong Kong Monetary Authority (HKMA) and the Bank of China (Hong Kong) Limited (BOCHK) jointly announced on Thursday 2 March the launch of the new Renminbi Settlement System (RSS) on 6 March 2006.
Papademos to be named ECB chief economist - report
European Central Bank (ECB) vice president Lucas Papademos will replace Otmar Issing as chief economist in May, the Sueddeutsche Zeitung reported, citing unnamed sources close to the bank.
ECB poses no objection to Stark's appointment
At Thursday's meeting, 2 March, the Governing Council of the ECB adopted an opinion on a recommendation from the Council of the European Union on the appointment of a new member of the Executive Board of the ECB.
ECB raises rates, says more rises are possible
The European Central Bank raised its benchmark interest rate on Thursday 2 March for the second time in three months and suggested more hikes are possible as economic growth and inflation accelerate.
Report says BOJ considering 'reference rate'
The Bank of Japan is considering setting a 'reference rate' on inflation to guide markets on its monetary policy intentions, Jiji Press and other media reported.
Significant progress on global financial stability
Senior regulators, who met on Wednesday 1 March, said that progress had been made in improving the stability of the global financial system, but noted that much more needed to be done.