News

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…

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…

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.

Happy birthday at the Bundesbank!!

Ernst Welteke and Hans Tietmeyer, the present and former Presidents of the Deustche Bundesbank, celebrate their birthdays this week.

Macedonia payment systems tender

Macedonia, like many other countries in Eastern Europe, is in the process of reforming its payment systems. It is tendering for IT systems.

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