News
Nigerian president tells central bank to stop funding food imports
Consequences of Buhari’s order are unclear but Nigeria imports large quantities of food
Trump criticises ‘clueless Jay Powell’ as markets plunge
US equity markets face sell off and 30-year treasuries dip below 2% for first time
China will need more stimulus if trade tensions rise – IMF staff
IMF staff say China’s financial system still has “elevated” vulnerability
Brazilian central bank will sell dollars outright for first time since 2009
Central bank says it remains committed to floating currency regime
World Bank official says blockchain could cut settlement times
Official says first blockchain bond shows the technology's potential
ECB criticises Polish draft law on mortgages
Proposal would harm banks’ financing ability and hinder emergence of securities markets
BoE under pressure with July inflation release
Bank of England must deal with recent fall in GDP and Brexit uncertainty
Argentine central bank tries to halt peso’s slide
Peso falls after primary election results come as blow for President Macri
MAS policy stance unchanged despite falling growth
Singaporean government cuts growth forecasts as analysts predict October rate cut
Slovenian central bank reports good stress test results
Central bank has had long-running dispute with government over bank bail-ins
People: Brazilian government nominates World Bank official for deputy governor role
Sri Lanka names monetary policy board member; Bank of Ghana governor appointed to FSB role
Rate cuts support Australia’s economy – RBA assistant governor
RBA cuts rates to record lows in two successive months as GDP growth slows
IMF has no back-up plan to Fed swap lines
Financial counsellor says no plans in the works for emergency dollar funding backstop
IMF warns Zambia over risks
Country must act fast over rising debt to prevent “disorderly” fiscal adjustment, IMF board says
Derivatives users split over legacy Libor swaps
CCPs say cleared swaps will move to new rates if Libor is no longer representative of markets
IMF sets up new monetary policy modelling unit
Fund responds to criticism from IEO report
China discloses FX portfolio for first time
Report shows ratio of US dollar-denominated assets declined to 58% in 2014, from 79% in 1995
PBoC says new digital payment system is almost ready
New electronic payment system will use double-layer framework for digital currency
Malaysia takes action against 17 Goldman bankers over 1MDB
Custodial sentences and criminal fines sought in relation to alleged misappropriated funds
Erdoğan sidelines senior central bank officials
Move follows dismissal of governor Murat Çetinkaya in July
Shekel’s strength clouds Bank of Israel’s inflation outlook
Economists ponder whether central bank actions contribute to lower prices and what priorities it should consider in the near future
Australia could reach zero lower bound, says Lowe
Governor says RBA is open to unconventional monetary policy
ECB to assess Croatian banks in euro membership prep
Croatia could join the eurozone by 2024
RBI in fintech and 24/7 payments drive
RBI announces 24/7 electronic payments, anti-fraud registry and more