News
People: Lula nominates ally Galípolo as Brazilian governor
BIS appoints Franks Smets to senior economics role
Bank of Russia expands CBDC pilot
Central bank says second phase will involve far greater numbers of people and firms than initial stage
South Korea and Indonesia set up currency transactions framework
Move is latest regional effort to bolster use of local currencies for settling trades
Libya’s central bank governor flees country, say reports
Move follows attempts by armed groups to break into CBL’s Tripoli headquarters
PBoC starts trading Chinese government bonds
Central bank has bought 100 billion yuan net of bonds in August
Ukraine’s central bank cracks down on ‘money mules’
NBU says limits on transactions over next six months will give breathing space to state bodies
Libya’s central bank suspends operations as crisis worsens
Armed groups attempt to break into headquarters and depose governor aligned with rival authorities
BoE calls for wider research into operational resilience
Most studies have focused on cyber attacks, though UK has been hit by varying types of incidents
South Korean regulators push for benchmark rate reform
Authorities encourage wider adoption of repo-based RFR for financial transactions
Bank of Israel holds key interest rate
Central bank says focus is on stabilising markets as war in Gaza continues
Hungary holds rates after June ‘turning point’
Finance minister says central bank was operating in “cyclops mode”
HKMA launches new measures to support struggling SMEs
Authority expands banks’ access to company data and sets up taskforce to handle financing applications
India’s central bank to launch digital lending platform
New interface will enable frictionless credit, RBI governor claims
Triggers of August market ‘flare-up’ still in place, BIS warns
Leveraged positions remain at risk of sudden unwinding, as margin calls play amplifying role
Banknotes: July to September 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Bank of Albania denies having ‘printed money’ to finance HQ
Allegations over 2010 purchase of Tirana property resurface after leaked state audit
Libya’s eastern authorities shut oilfields over CBL governor row
Move follows second attempt to storm central bank in capital Tripoli
Jamaican finance minister set to become IMF deputy MD
Fund’s chief proposes Nigel Clarke for role, while general counsel announces retirement
PBoC stress-tests financial institutions’ bond holdings
Bank steps up efforts to tame market rally while keeping key medium-term rate unchanged
Fed chair says time has come to adjust policy
Powell warns of ‘unmistakable’ labour market cooling in speech at Jackson Hole summit
People: July to September 2024
A round-up of central bankers in the news and on the move during the past three months
‘Beveridge threshold’ can explain US soft landing – study
Gauti Eggertson tells Jackson Hole attendees why many economists were too gloomy about growth
Hungary’s central bank completes carbon capture programme
MNB expects 75% reduction in emissions by end of 2025
Bank of Israel governor calls on PM to make financial adjustments
Amir Yaron writes to Netanyahu after agencies downgrade country’s credit rating