News
Digital yuan project should rethink anonymity, paper urges
Scholars argue CBDC “wallets” ought to be under full control of retail users
Taliban unlikely to gain immediate access to most DAB assets
Likely asset freeze and fall in currency may lead to hyperinflation, analyst warns
Uruguay raises policy rate 50 basis points
Move is first time central bank has raised rates since readopting a policy rate last year
Bank of Thailand calls for additional $30 billion borrowing
Debt totalled 54% of GDP by June, putting pressure on the 60% ceiling
Afghan governor flees country as Taliban seize Kabul
Some former officials manage to leave Kabul while sources say others remain in country
No one monetary policy target optimal – Bank of Canada paper
Flexible inflation targeting one of best performers in “horse race” with other options
Venezuela to debut CBDC in October
“Bolívar digital” accompanied by redenomination of currency, which will drop six zeroes
IMF urges Bank of Sierra Leone to investigate cash shortages
Recent banknote shipment failed to alleviate shortage, fund says
Belize governor resigns after 19 weeks
Central bank offers few details, but country has suffered sharp economic blows
Lebanese politicians condemn governor for ending fuel subsidy
Salameh says he will not resume subsidy unless parliament allows use of mandatory reserves
Cambodia links up quasi-CBDC with Malaysia
Malaysian bank users can transfer money to e-wallet developed by Cambodia’s central bank
Somalia relaunches payments system after three decades of absence
World Bank played key role in restoring system to war-torn country, governor tells Central Banking
Peru hikes policy rates as inflation exceeds target
Central bank says policy is still expansionary stance as real rates stay at -3.3%
Bank of Mexico continues tightening with split vote
Governor stresses central bank needs to be cautious as inflation rises above target
Malaysian central bank to impose uniform base rate for retail loans
Unified rate will improve monetary policy transmission and consumer transparency – BNM
Turkish central bank holds rates despite pressure from president
Erdoğan said earlier that inflation would fall once rates were cut, but MPC declines to cut
Israel’s financial risks back to pre-Covid levels – central bank
Banks are well capitalised and housing-related risks are low, report says
Philippines central bank keeps key rate at record low
Central bank pledges loose policy “for as long as necessary” as Covid-19 cases increase
Bank of Ghana to pilot CBDC using G+D technology
Central bank says prototype would operate without bank account, contract or smartphone
Julio Velarde set to accept new term as Peruvian governor
New left-wing president said in June he intended to re-appoint long-serving governor
RBNZ welcomes reformed governance framework
Overhaul of the central bank law paves way for new decision-making body
Link between US labour costs and inflation has weakened – ECB paper
US can sustain robust labour markets without risking inflation outbreak, researchers say
New Bafin president takes up role
Ex-Finma head pledges to make heavily criticised German financial regulator “world class”
Jamaica ‘mints’ first units of digital currency
Central bank kicks off pilot exercise with limited issuance of currency to banks and payments firms