News
Zimbabwe will mint ‘digital gold token’, says governor
Mangudya says RBZ will offer “store of value” as alternative to foreign currency
PBoC and MAS join forces to promote sustainable finance
New task force will work to align green taxonomies in China and Singapore
People: BIS appoints deputy head of MED
Riksbank to shrink board; De La Rue chair resigns; Hungary appoints MPC members
Above-target inflation main risk for reserve managers
Central banks rank geopolitical tensions as the second most pressing risk in 2023
Brazilian governor rejects senator’s rate cut ‘plea’
Campos Neto says he leads a “technical body that makes technical decisions”
Argentina raises rates 300bp and restricts access to dollars
Peso falls sharply in April as inflation soars and BCRA struggles to obtain hard currency
Suriname president signs central bank independence law
IMF currently withholding loan payments to corruption-plagued country
Costa Rica cuts rates for a second time in a row
Inflation still above target but has fallen steadily since September, board says
CBDC could increase financial instability, Fed’s Bowman warns
Retail CBDC would not improve payments or financial inclusion, she says
Uruguay cuts rates citing ‘gradual decrease in inflation’
Country becomes second in Latin America to start unwinding rate rises
RBA review calls for major policy and governance changes
Australian government welcomes call for new rate-setting body and clearer mandate
BoE and BIS test synchronised DLT settlement
Prototype leaves open legality of digitised asset transfer
Immigration decline hurts growth and inflation prospects – Fed research
Dallas Fed VP says “absolutely” a link between low immigration and rising inflation
BoE prepares shake-up of UK deposit insurance
Proposals aim to boost efficiency of payouts, as Bailey hints limits could be raised
IMF code drives reform of central bank transparency
Dmytro Solohub says pilots of new transparency code have already fostered change
EU concludes authorities cannot seize Russian assets
Brussels says Europe may be able to invest assets and use extra profits to aid Ukraine
MAS did not tell banks to ‘keep quiet’ about China flows, group says
Private banking group says sources of inflows into Singapore remain diversified
Stagnant US bank numbers ‘concerning’ – Fed’s Bowman
Governor argues regulation be loosened for bank formation, not tightened for mergers
Menon set to leave MAS this year – reports
Former MAS assistant managing director tipped to take over the role
Carstens calls for return to ‘region of stability’
Short-term thinking has led to increasingly painful trade-offs for policy, BIS chief says
ECB supervisory regime needs change – report
Current approach is “too capital-centric” and needs to be streamlined, says panel
Bolivian officials say reserves problem is temporary
Central bank sells SDRs as dollar scarcity and legislative gridlock persist
PBoC has ‘by and large’ ended FX intervention, says governor
But Yi Gang declines to give a timeline for full renminbi convertibility
Monetary policy faces tougher trade-offs – IMF panel
Financial instability risks may be abated with changes to inflation targets and tools