News
Yuan convertibility 'top priority' says Zhou
People's Bank of China governor Zhou Xiaochuan was quoted as saying the central bank will take steps to let market forces play a bigger role in determining the yuan's value as this is a "top priority".
BOJ sees deflation continuing for a while
Bank of Japan Governor Toshihiko Fukui said in a speech Monday that Japan's economy is continuing to recover in a stable manner but prices should stay "slightly negative" for a while.
IMF to say Fed must prepare world for rate hike
The Federal Reserve must prepare the global economy for an interest rate hike to "avoid financial market disruption both domestically and abroad", the IMF is to warn this week according to a newspaper report.
Report says Armenia offloads its gold reserves
The Central Bank of Armenia has sold the country's gold reserves of about 1.4 tonnes, a report said quoting the Bank.
Tanigaki: G7 meeting to discuss financial markets
Finance officials of the Group of Seven nations meeting this week will probably talk about financial markets as part of discussions on the global economy, Japanese Finance Minister Sadakazu Tanigaki said on Friday.
Snow: Boosting global growth key G7 topic
Boosting global growth will be the central topic of the upcoming G-7 meeting of the finance ministers and central bank governors from the world's seven largest industrial countries, according to U.S. Treasury Secretary John Snow.
RBNZ appoints Financial Market Operations Manager
The Reserve Bank of New Zealand announced the appointment of Mr Simon Tyler to the new post of Manager of Financial Market Operations on 6 April.
Bank of England's Bean reappointed to MPC
Charlie Bean, Executive Director for Monetary Policy and Chief Economist of the Bank of England, has been reappointed for a further three-year term as a member of the Monetary Policy Committee with effect from 1 June 2004.
Yellen appointed President of San Francisco Fed
Janet Yellen was appointed President & CEO of the Federal Reserve Bank of San Francisco this week. She will take up the position in June, succeeding Robert Parry. Yellen served as a Member of the Board of Governors of the Federal Reserve from 1994 to…
Green light for new ECB Board member
The Committee on Economic and Monetary Affairs has voted to recommend that Parliament endorse the appointment of Jose Manuel GONZLEZ PRAMO as a member of the Executive Board of the European Central Bank.
Fed appoints new consumer director
Sandra Braunstein became director of the Federal Reserve Board's division of consumer and community affairs on April 1. She replaced Dolores S. Smith, who retired after 28 years.
Interview with St Louis Fed's William Poole
In a recent interview with USA Today, president of the Federal Reserve Bank of St. Louis William Poole said he doesn't think there's any doubt that there is a lot more confidence than there was a year ago.
BSP warns public over text message scam
Philippines central bank governor Rafael Buenaventura warned the public on Tuesday 13 April against a text messaging-based scam that uses the name of the Bangko Sentral ng Pilipinas (BSP) in a fake raffle which tells people they have won millions of…
Bank heist movie worries Bank of Korea
"The Big Swindle" is just a movie, but the domestic film released this week is giving the Bank of Korea cause for concern over security. Fears are that the movie could encourage people to try and rob the central bank!
Fukui says BOJ/ govt agree on economy
Bank of Japan Governor Toshihiko Fukui said on Friday 16 April that there is no difference between the government and the central bank in their views on the Japanese economy.
Liikanen endorsed as Bank of Finland governor
The Parliamentary Supervisory Council of the Bank of Finland has voted to endorse European Commissioner Erkki Liikanen as the Finnish Central Bank's new governor.
Israel tops for central bankers per head
The Economist magazine reports that the Bank of Israel employs 14 people for each 100,000 Israelis, almost twice as much as in the US.
Malaysia to adopt 2-phase Basel II approach
Malaysia will adopt a 2-phase approach towards the Basel II banking accord, said Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.
Vyugin criticises Russia's rouble policy
The Russian central bank's "protectionist" rouble policy is causing the stock market to overheat and is threatening to create an asset bubble, Russia's top financial regulator said on Thursday 15 April.
CBN's Sanusi launches 'Project Eagles'
Governor of the Central Bank of Nigeria (CBN), Chief Joseph Sanusi, on Thursday 15 April launched the re-engineering and restructuring of the central bank, known as "Project Eagles" with a view to making the CBN one of the world's most efficient and…
ECB publish latest additions to Blue Books
The European Central Bank (ECB) on Friday 16 April published the latest additions to two of its Blue Books, ahead of the 1 May EU enlargement.
Welteke resigns from Bundesbank
Bundesbank president Ernst Welteke resigned Friday after coming under heavy criticism for taking a free hotel stay from a commercial bank. He said in a statement "the disregard for the legally guaranteed independence of the Bundesbank and its…
Stark to succeed Welteke?
Ernst Welteke, head of the Bundesbank, resigned on Friday. The Bundesbank and German Ministry of Finance called his decision "appropriate". Many observers of the affair think that his successor will be Koch-Weser, the ministry of finance official…
Bundesbank appoints corporate governance officer
On 14 April the Executive Board of the Deutsche Bundesbank appointed Professor Theodor Baums of the Johann Wolfgang Goethe University in Frankfurt as Corporate Governance Compliance Officer of the Deutsche Bundesbank.