News
PBOC not considering wider yuan/dollar band
The People's Bank of China is not currently considering a widening of the trading band for the yuan against the dollar, the head of the bank's research department said Friday 8 December.
Brazil central bank considered rate cut
Brazil's central bank said Thursday 7 December in minutes from its last Copom meeting that it doesn't expect an eventual pick up in economic activity to stoke inflation.
Zimbabwe's Gono says he is unpaid
In reply to a question to Reserve Bank of Zimbabwe governor Gideon Gono on the New Zimbabwe.com web chat on Wednesday 6 December, Gono revealed he has not been paid since taking up the post at the central bank.
NBP's Balcerowicz against euro referendum
The head of Poland's central bank Leszek Balcerowicz told a seminar on Thursday 7 December that a referendum on Poland joining the eurozone is unnecessary.
Robert Mclean joins Australia's PSB
Australia's treasurer Peter Costello has appointed academic and businessman Robert McLean as a part-time member to the central bank's Payments System Board (PSB) for a five-year term.
PBOC sees risks if dollar slides
The People's Bank of China said in a report published Thursday 7 December that it is concerned over a possible slide in the US dollar if there is a widespread move to sell off dollar assets.
Gulf currency union may face delay
Plans by GCC member states to launch a single currency by 2010 face delays because some countries won't be able to make legal changes in time, the governor of the Central Bank of Kuwait said in an interview Tuesday 5 December.
Top prosecutor says Kozlov murder solved
The murder of Andrei Kozlov, first deputy chairman of the Russian central bank, has been solved, the Russian Prosecutor General said Tuesday 5 December.
ECB raises interest rates to 3.5%
European Central Bank president Jean-Claude Trichet said Thursday 7 December it was essential to act in a "firm and timely manner" to safeguard price stability in the eurozone,after the bank raised interest rates from 3.25pct to 3.5pct.
Polish PM dismisses Gilowska NBP link
Poland's prime minister Jaroslaw Kaczynski has dispelled rumours of deputy PM and finance minister Zyta Gilowska leaving his cabinet in order to become head of the National Bank of Poland (NBP).
BoJ's Iwata says fair competition important
Bank of Japan deputy governor Kazumasa Iwata on Thursday 7 December underscored the need to ensure fair competition between two subsidiaries of Japan Post when the 10-year postal privatisation process begins in October.
BoJ's Nishimura concerned over slow consumption
Bank of Japan board member Kiyohiko Nishimura said in a speech on Wednesday 6 December further interest rate hikes by the BoJ are expected to be "gradual" as far as inflation expectations remain low, adding he is "greatly concerned" about slow domestic…
Zambia converting debt into marketable securities
The Zambian government has converted part of its long term debt owed to the Bank of Zambia (BoZ) into short-to-medium term marketable government securities in a move to boost the central bank's scope for liquidity management in the economy, the Times of…
China plans RMB option market launch - report
The Chinese government plans to launch an option market for its currency, the Renminbi (RMB), to help its banks avoid risks incurred by the partial flotation of exchange rates according to the Beijing News.
Garganas looks to reform of banking regulation
Greek central bank governor Nikos Garganas told a banking forum on Tuesday 5 December that he wanted to see reform of banking regulation.
RBZ chief out of presidential race
Zimbabwe's central bank governor has ruled himself out of the race to succeed President Robert Mugabe in a web chat with New Zimbabwe.com.
Weak data won't deter rate rise - BoJ's Mizuno
Bank of Japan policy board member Atsushi Mizuno said in a speech Tuesday 5 December that the central bank can raise its key short-term interest rate despite recent weak economic data.
Chicago Fed's Moskow says US economy 'solid'
Federal Reserve Bank of Chicago President Michael Moskow said in an interview Monday 4 December that the U.S. economy is still "solid" and poised to approach 3 percent growth next year.
Nigeria to get more efficient payment system
The Central Bank of Nigeria (CBN) is to implement a robust and more efficient payment system in the country, the official News Agency of Nigeria reported on Monday 4 December.
Turkey's Yilmaz: Economic crisis out of question
"The current account deficit which has been rising due to high economic growth should be monitored closely," Turkish central bank Governor Durmus Yilmaz has indicated at a news conference Monday 4 December.
ECB issues warning to euro hopefuls
Some of the new members of the European Union lining up to adopt the euro will likely have to wait until the end of the decade, the European Central Bank said Tuesday 5 December.
Third Eurosystem & L American CB meeting
The monetary and financial challenges for central banks associated with the ongoing process of globalisation were the main focus of the discussions held in the Third High-Level Seminar of the Eurosystem and Latin American Central Banks in Madrid Monday 4…
BoT tries to slow strengthening baht
The Bank of Thailand has asked financial institutions in Thailand to halt short-term capital inflows in an attempt to stop speculation in the Thai currency, which is trading at a nine-year high.
Poland's fin min tipped as central bank governor
Poland's finance minister Zyta Gilowska is a near-certainty for the National Bank of Poland (NBP) governorship, daily Parkiet wrote Monday 4 December, citing unspecified sources.