News
Yemen cenbank governor counts oil blessings
Robust oil prices have helped boost Yemen's foreign reserves to a recordhigh of $2.5bn. The extra revenues are also speeding up economic reformsand the repayment of the country's debts, central bank governor AhmadAbdul-Rahman al-Samawi said.
SARB gets new power on reserves
The South African parliament has given central bank governor Tito Mboweni anew lever of monetary policy, giving him the right to change the definitionof what type of money commercial banks must hold as reserves.
Philippine central bank head said he won't quit
Philippine central bank governor Rafael Buenaventura said on Thursday that he was not quitting in the wake of a deepening political crisis sparked by allegations President Joseph Estrada took a payoff from gambling lords.
Jaime Caruana forecast 2% inflation in 2001
Jaime Caruana, who replaced Luis Angel Rojo as Bank of Spain governor earlier this year, predicted that Spanish inflation would remain nears its 2% limit over the next year.
Euro dips on Eichel comments
The euro dipped yesterday to its lowest London closing price against the dollar since September's joint central bank intervention. This followed comments by German finance minister Hans Eichel that the lack of policy coordination could lead the euro to…
Mongolia bank chief outlines core fiscal policy
The core of the fiscal policy for 2001 is to concentrate huge flow of cashoutside the bank operation or facilitate their flow through banks, saidBank of Mongolia governor O. Chuluunbat.
Montenegro to found central bank
The Montenegrin authorities announced that they are forming a central bank to become the republic's independent organisation responsible for monetary policy, establishing and maintaining a healthy banking system, and effective payment operations.
Survey on women in central banking
CentralBankNet has carried out a survey of prominent female central bankers. In total, there are eight women who head central banks (out of a total of 172). CentralBankNet also lists other prominent female central bankers.
New monetary policy instrument in Croatia
The Croatian National Bank has decided to introduce unified obligatory reserve requirements on kuna and foreign currency deposits.
Foreign exchange settlement risk
The Basel Committee on Banking Supervision just issued a revised version ofits guidance for supervisors on managing the settlement risk arising fromforeign exchange transactions.
Roth to be new chairman of SNB
Jean-Pierre Roth was chosen to be the next chairman of the Swiss National Bank when Hans Meyer steps down at the end of the year. But the decision was not without controversy. In an unprecendented move, the Swiss finance minister overruled the SNB's…
Jean-Jacques Rey retires from Belgium central bank
Jean-Jacques Rey, a director of the National Bank of Belgium since 17 September 1988, is retiring on 17 September of this year. His current term of office is coming to an end and, at his own request, will not be renewed.
Evolution of the Reserve Bank of Australia
In its annual report published this month, the Reserve Bank of Australia in a one-off special feature takes a historical look at the development of the RBA over the last 40 years. It looks at the changing function of the RBA, and how this is reflected…
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Conference on future challenges to central bankers
To commemorate the establishment of the Tun Ismail Ali Chair in Monetary and Financial Economics at the University of Malaya, Bank Negara Malaysia organised a high level conference aimed at discussing issues and challenges facing central banks and policy…
RBF announces relaxation of monetary policy
The Reserve Bank of Fiji has further relaxed monetary policy foolowing the resolution of the coup which began in May earlier this year. GDP is forecast by the central bank to fall by up to 15% this year.
South African central bank governor robbed
Governor of the South African Reserve Bank, Tito Mboweni, was the victim of an armed robbery while he was a petrol station. They stole Mboweni's mobile phone. Fortunately, no one was injured.
Gold Medal Bank Negara Governor
The recently appointed governor of the Bank Negara Malaysis, Dr. Zeti Aziz, was given a National Women's Day award for her achievements to the national economy. She is the only female Asian central bank governor.
Jobs in Asset Management in Norges Bank
There are two exciting job vacancies in "Global Equity Portfolio Management" at the Norges Bank in London for experienced asset managers.
Happy birthday at the Bundesbank!!
Ernst Welteke and Hans Tietmeyer, the present and former Presidents of the Deustche Bundesbank, celebrate their birthdays this week.