News
Mboweni urges Deutsche Bank disclosure
SOUTH AFRICA - SA Reserve Bank governor Tito Mboweni on Monday said it was important that details of a deal struck between the SARB and Deutsche Bank be made available to the rand commission of inquiry.
Bank of Greece picks Garganas as new governor
GREECE - The Bank of Greece on Monday picked Deputy Governor Nicholas Garganas to succeed Lucas Papademos at the helm of the central bank and fill a seat on the governing council of the European Central Bank.
UAE to license 'hawala' operators
UAE - The UAE central bank will soon set up a licensing and supervisory system for 'hawala' operators in the country.
China's c bank head confirms looser money supply
CHINA - People's Bank of China governor Dai Xianglong said on Monday that China is already pursuing a policy of increased money supply to bolster economic growth.
Heikensten likely new Riksbank governor - report
SWEDEN - Lars Heikensten currently First Deputy Riksbank Governor, is most likely to be appointed to the top rank at the Riksbank when Urban Backstrom resigns as Governor at the end of the year, Nordea wrote in its weekly market letter Friday.
ECB Press release
PRESS RELEASE - Seminar of the Eurosystem and Latin American central banks held in Madrid on 23 and 24 May 2002, 24 May.
ECB Press release
PRESS RELEASE - Code of Conduct for the Members of the Governing Council, 24 May.
Bank of England News release, 27 May
NEWS RELEASE - Practical Issues Arising from the Euro - May 2002.
National Bank of Azerbaijan proposes name change
AZERBAIJAN - The Azeri Parliament is preparing to ask the government for the National Bank of Azerbaijan (NBA) to be renamed the Central bank of Azerbaijan the chairman of the parliamentary committee for economic policy, Sattar Safarov has said.
Bank of Korea chief cites peril of 'cronyism'
SOUTH KOREA - Park Seung, the Bank of Korea governor, recently said that he offered Finance and Economy Minister Jeon Yun-churl his view on the appointment of a new member of the central bank's monetary policy committee.
Polish central bank sees independence under threat
POLAND - Poland's government threw down the gauntlet in its fight with the central bank yesterday by backing legislation that, if signed into law, would compromise its independence.
Warning from Bank of England over euro timetable
UK - Ministers must not be tempted into shortening the timetable for scrapping the pound if Britain votes to join the euro, the Bank of England has warned.
Problem with ink found on new Bank of England note
UK - The Bank of England began an urgent investigation Monday after several people reported that serial numbers on new, anti-counterfeit bank notes had rubbed off on their hands.
Japan 'to show strong growth'
JAPAN - Recoveries in exports and consumer spending will drive robust growth in Japan's economic output, leading researchers have predicted.
Japan hits out at ratings downgrade
JAPAN - As Japan braced for a possible two notch downgrade to its sovereign credit rating next week, the Ministry of Finance stepped up its war of words with the world's leading rating agencies by restating its belief that they are misguided.
Mboweni willing to tell all
SOUTH AFRICA - South African Reserve Bank governor Tito Mboweni on Monday said he was willing to disclose details of a confidential deal reached between the SARB and Deutsche Bank to boost South Africa's foreign exchange reserves.
European Central Bank Press Release
PRESS RELEASE - Seminar of the Eurosystem and Latin American central banks to be held in Madrid, on 23 and 24 May 2002, 22 May.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Bank of Japan Monetary Policy Meeting Minutes from the meeting of 10 and 11 April, released 24 May.
Norges Bank's press conference
PRESS CONFERENCE - Monetary policy meeting of Norges Bank's Executive Board, 22 May.
Norges Bank press release
PRESS RELEASE - Norges Bank keeps interest rates unchanged, 22 May.
Select Committee on Treasury Fourth Report
REPORT - The Treasury Committee has agreed to the following Report: Appointment to the Monetary Policy Committee of the Bank of England of Ms Marian Bell and Mr Paul Tucker, 24 May.
Unthinkable that Bank should expect otherwise
LETTER - Sir, While esteeming the Bank of England's quarterly inflation report as "an impressive showcase for the Bank's latest thinking", Observer finds that "it can be a bit samey: the Bank predicts that inflation will be at or close to its target with…
Bank of England may face massive legal claim
UK - The Bank of England has admitted it faces claims of up to £872m from depositors of the Bank of Credit and Commerce International if it loses a landmark legal battle due to start next year.
MPC pay rise over inflation at Bank of England
UK - Members of the Bank of England's monetary policy committee saw their pay rise by more than inflation last year, thanks to the standard practice of uprating salaries in line with the government's inflation target. The Bank's annual report also casts…