News
Yugoslav central bank governor resigns
As expected, Yugoslavia's central bank governor Dusan Vlatkovic has resigned his post. Mladjan Dinkic is the most likely successor.
Husain wants banking consolidation in Pakistan
Pakistan's central bank governor Ishrat Husain has said that he wants fewer, but stronger financial institutions in Pakistan which can mobilise and allocate resources in a cost effective and efficient manner.
Salameh - new Cabinet takes heat off pound
Lebanon's central bank governor Riad Salameh said that the pressure on the Lebanese pound had eased substantially since the formation of the new government and would continue to do so in the near future.
Montenegro sends mixed signals after central bank
A decision by Motenegro to set up a central bank has further loosened its ties to Serbia, but not broken the monetary affiliation between the two federation partners, Montenegrin premier Filip Vujanovic said.
Kristinsson leave Central Bank of Iceland
Yngvi Orn Kristinsson has left the monetary department of the Central Bank of Iceland.
Slow integration of European equity markets
Sir Eddie George, Governor of the Bank of England, said to UK parliamentarians that European equity market integration will take time.
Turkish cenbank goes live with real-time DvP SSS
Central Bank of Turkey has gone live with new securities settlement system named ESTS (Electronic Securities Transfer and Settlement System) after three years of development. On October 31, the first day of use, 1,800 securities transactions were settled…
NBP discusses draft payment systems laws
Today the meeting of the National Bank of Poland's payment systems council, a consultative and advisory body of the central bank's management board, discussed draft laws that implement the basic regulations of the European Union in the area of payment…
George says euro is substantially undervalued
Bank of England governor Eddie George said in a speech in Paris on Tuesday that the euro is substantially undervalued in terms of the medium-term 'fundamentals'.
John Nugee goes to State Street
John Nugee, the head of reserve management at the Bank of England, has moved to State Street. Paul Chilcott is the new chief reserve manager.
Colombia cenbank sees 2000 inflation 8.5% - 10%
Colombia's central bank said that despite high world oil prices, thecountry is on track to meet the 10% inflation target for this year agreedwith the International Monetary Fund.
Polish central banker resigns
Hanna Gronkiewicz-Waltz announced she would leave the Polish central bank inJanuary to become a deputy head of the European Bank for Reconstruction andDevelopment.
Buenaventura says credit downgrade was harsh
The Philippine central bank said on Friday the move by Standard & Poor's todowngrade its long-term outlook on the Philippines to negative from stablewas harsh.
Ukraine cenbank council backs strong currency
The head of the newly formed Ukrainian central bank council said lastThursday that the body would back a policy of a strong hryvnia currency andfocus on slowing inflation.
Sabirin Sjahril to go on trial quickly
The Jakarta provincial prosecutor's office will soon submit the dossier onsuspended Bank Indonesia governor Sjahril Sabirin to the Central Jakartadistrict court, a prosecutor said last Wednesday.
Bank of Sudan launches website
Bank of Sudan has launched its new website (http://www.bankofsudan.org). It went live on 23 September 2000.
Bank of Mexico sets out 2001 inflation goal
Bank of Mexico governor Guillermo Ortiz said on Thursday that the central bank was determined to slash inflation further next year and would keep a tight grip on monetary policy to achieve its goals.