News
The winners of the 2023 FinTech RegTech Global Awards
Sixth annual tech awards recognise excellence among central banks and the private sector
PBoC cuts short-term interest rate to support economy
Analysts believe central bank may ease policy further as Chinese economy continues to struggle
Senior US officials criticise new third-party risk guidance
Members of Fed and FDIC boards object to vagueness and burdens on smaller banks
Explicit policy guidance ‘fraught with risks’ – RBI’s Das
Central Banking Summer Meetings: Policy-makers need to be “nimble footed”, governor says
Pakistan holds rates despite high inflation
Reserves resume fall as balance of payments crisis continues
Former PBoC deputy governor expelled from Communist party
Anti-corruption body accuses fintech and pyaments overseer Fan Yifei of accepting large bribes
Nigerian president suspends governor
President calls for lower policy rates and unified FX regime, and says Emefiele is under investigation
Ukrainian hackers claim attack on Russian banks
Cyber attack targets Bank of Russia’s interbank system, disrupting payments
Chile’s central bank aims to boost reserves by 28%
Programme aims to buy $10 billion in FX over 12 months after interventions to support peso
Angolan governor leaves role to join cabinet
Massano takes over economics portfolio after violent protests against fuel price hike
Bank Negara Malaysia veteran named as next governor
Shamsiah will step down when her first term ends, handing over to current deputy governor
Populists can pressure central banks to cut rates, paper finds
Researchers say the most populist governments can get rates lowered by 30 basis points
Turkish president appoints new governor
Erkan faces exceptional challenges as questions remain over Erdoğan’s willingness to cede control
Peru’s central bank holds rates despite high inflation
Board says decision does not mean tightening cycle is over
Zimbabwe devalues currency as crisis deepens
Analyst says Reserve Bank and finance ministry are struggling for control of FX reserves
Malawi central bank official says reserves nearly empty
Southern African country faces food crisis despite IMF aid
Philippine central bank cuts lenders’ reserve requirements
Move comes after BSP paused monetary tightening in May
Eurozone needs harmonised resolution tools, officials say
Commission proposals could bolster stability and common deposit insurance plans, say supervisors
RBI holds rate despite stubborn inflation
Policy-makers hint at need for further tightening as inflation stays above target
Economists warn Philippines state fund could increase corruption
Central bank will contribute annual dividends to fund for two years, delaying capital increase
Thugge confirmed as next Kenya governor
President’s adviser gets parliamentary approval and calls for dollar bonds to boost reserves
People: Israel appoints new chief supervisor
IDB appoints chief operating officer; IADI gets new head; and more
Fed contemplates rate hike or ‘skip’
Top officials indicate the terminal rate is not yet reached – but a pause is possible
Saudi SWF merges golf outfit with US rival
PIF ends legal disputes and becomes a leading power in the sport