News
API standards would open up payment possibilities, says BIS
Bank also highlights financial and operational risks of linking systems across borders
Former LatAm governors propose new IMF liquidity tool
Emerging market fund would be aimed at stabilising bond markets during liquidity crises
Turkey holds rates for seventh consecutive time
Decision comes after monthly inflation ticked up in September
Why Bank Negara avoided ‘a confrontational approach’ on 1MDB fraud
Veteran governor says being more outspoken would have damaged the central bank
Bank of Thailand announces first rate cut in four years
Central bank unexpectedly eases policy by 25bp as inflation stays below target
Finma to revise UBS’s recovery and emergency plans
Swiss regulator suspends annual plan approval because of “obstacles” created by Credit Suisse merger
BIS aims for open data across borders with Project Aperta
Innovation Hub’s latest project seeks to link up national open-finance schemes
ECB ‘did not approve’ production of €8,000 note
Central bank denies claims by issuing company that souvenir bill was created with its consent
Australian central bank proposes caps on card fees
Small businesses pay “substantial” surcharges during debit and credit card transactions, says RBA
Central banks should collaborate on cross-border CBDCs – Nagel
Bundesbank president talks of “historic opportunity” to improve payments and avoid risk
IMF cuts fees amid high rates and record borrowing
Fund judges its capital to be strong enough to allow more generous approach
Obituary: Tito Mboweni, 1959–2024
Sarb’s first black governor championed inflation targeting with “sharp wit”
PMA governor calls on Palestinians to use electronic payments
Businesses in West Bank and Gaza continue to register negative growth
Acemoglu, Johnson and Robinson win Nobel prize in economics
Trio given award for work on role of colonial institutions in shaping long-term prosperity
Peru unexpectedly pauses easing cycle
Central bank expresses hawkishness, though policy rate still among lowest in Latin America
NGO warns of unintended effects of US sanctions on Hamas
Charity says measures will stymie bank lending to reputable non-profits
World Bank raises its growth forecast for south Asia
Institution projects it to be fastest-growing region among emerging economies
South Korea joins global easing cycle
Government efforts to cool housing prices create opportunity for central bank to cut rates by 25bp
HQLAs ‘not liquid enough’ for Credit Suisse or SVB
Basel Committee report sheds new light on liquidity risk during 2023 banking turmoil
Lower risks enable authorities to shift policy – Amro report
Asean+3 research arm says challenges remain on dollar dependency and property markets
Israel holds rates as conflict continues
Central bank revises inflation and growth forecasts
PBoC launches swap facility in bid to boost stock market
Financial institutions will be able to swap eligible assets with sovereign bonds and central bank bills
Central Bank of Kenya lowers rate by 75bp
Bank says there is scope for further easing following its second cut this year
Reserve Bank of India holds interest rates
Decision comes despite weakening inflation