News
Nigeria closes FX exchanges amid continuing currency problems
Authorities intensify actions against Binance and other cryptocurrency firms
‘Passive’ QT can be costly, BoE paper finds
Research highlights need to account for frictions and build “headroom” for future shocks
BoJ may scrap ultra-loose policy at March meeting, reports say
Policy-makers could be mulling speedy end to yield target and negative rates
UK floats plan to seize Russian central bank assets
Foreign secretary says country is prepared to act without all its Nato partners
HKMA unveils new wholesale CBDC project
De facto central bank to launch sandbox for testing settlement of tokenised deposits
Bank of Canada holds interest rate targets
Governor expresses fear of underlying inflation becoming stuck above 2% target
Basel Committee prepares crackdown on bank ‘window dressing’
Study says lenders have obscured their true systemic importance at reporting dates
ECB holds rates again, cuts inflation projections
Lagarde hints that any cut is likelier in June than April, says bank is watching wage data
Sanctions will trigger reserves diversification, official says
Central Banking Spring Meetings: Speakers say geopolitics impacting reserves and inflation outlook
Malaysian central bank holds rate
Monetary authority and government working together to encourage inflows to shore up currency
Thailand forges ahead with virtual banking
BoT to accept applications to open virtual banks from March 20
Has mobile money achieved what retail CBDCs aspire to?
Central Banking Spring Meetings: Fintech panellists discuss financial inclusion and bank casualties
Egyptian MPC raises rates and devalues currency
Moves after UAE's $35 billion investment make IMF deal more likely
Bosnia’s reserves rebound after asset reshuffle
Central bank’s vice-governor cautions against premature rate cuts in face of geopolitical risks
Trial opens in Vietnam over alleged multi-billion dollar fraud
Accused include real estate tycoon and 15 former central bank officials
Fight against money laundering must continue, Somali official says
Somali central bank aims to enhance transparency over financial flows, says deputy governor
ECB warns Hungarian law could harm central bank’s independence
Bid to expand executive board powers comes amid growing rift between governor and prime minister
Dallas Fed chief says pace of QT may need to slow down
Lorie Logan argues US central bank should take more measured approach to normalising balance sheet
Natural rate is rising in US and eurozone, BIS study finds
Research adds to debate on metric but warns it is “blurry guidepost” for monetary policy
China sets 5% growth target
Economists question whether government can achieve GDP goal, given weakness in economy
Irish central bank says payments strategy needs drastic change
Deputy governor says sector is slow to change and backs draft “access to cash” law
BoE has ‘more to do’ after compliance breaches
UK audit office says more than 40% of staff still did not feel free to raise concerns in 2023
RBA seeks citizens’ ideas for redesigned A$5 note
Bank asks Australians to submit proposals for theme reflecting indigenous cultures
RBNZ to impose cyber reporting rules on financial institutions
From April 8, New Zealand’s banks will need to disclose major cyber incidents within 72 hours