News
Experts slam proposal for dollar coin bearing Trump’s image
US treasurer’s suggestion attacked as illegal, monarchical and ‘tacky’
FX market becoming stronger transmitter of stress, IMF warns
Fund probes changing structure of world’s ‘largest and most liquid financial market’
CNB joins Europe’s bank regulators to warn of crypto risks
Consumer interest driven partly by ‘aggressive’ promotion on social media, say authorities
European states announce improvements in payment systems
Denmark opts for back-ups, Sweden goes offline, Balkan states choose Sepa while Austria ups security
Local bond markets seeing more domestic investors, IMF says
But EMDEs must be mindful of growing sovereign-bank nexus as foreign investors depart, latest GFSR chapter notes
People: Bunge made first deputy governor at Riksbank
Plus: Promotions in India and Singapore, and Santos Pereira takes charge in Portugal
RBNZ to pay Orr more than US$240,000 under non-compete clause
Central bank says ‘restraint of trade’ provisions have applied to ex-governors since 2012
Lagarde: ECB should supervise non-banks to prevent rerun of 2008
Monetary policy would benefit from more holistic prudential approach, president says
Egypt continues easing cycle with 100bp cuts
Slowing inflation and strong currency provide room for lowering rates as country expects IMF review
Bill seeking greater oversight over BI is diluted – report
Lawmakers would not be able to remove central bank leaders but would have more supervisory powers
Fed should reorganise and speak to counter Trump – Eichengreen
Professor says five-year lag for publication of forecasts is ‘excessive’ in current context
ECB picks digital euro service providers
Bank names six private companies, along with backup options, for CBDC project
Singapore and Hong Kong increase FX trades – BIS survey
Singapore strengthens position as third largest hub, amid greater use of yuan and HKD
US Supreme Court says Cook can stay for now
Experts say decision provides grounds for optimism ahead of final ruling in 2026
Colombia cancels $8.4bn credit line with IMF
Announcement comes after fund said facility would stay suspended due to country’s fiscal problems
Credible Fed key to dollar’s role in Asia – Amro’s Dong He
Organisation’s chief economist says Asia’s central banks not seeking to disrupt currency’s position in region
Central banks must focus on comms – Bank of Finland panel
Institutions need to concentrate on anchoring inflation expectations, governors say
Fed vice-chair says economic uncertainty ‘especially high’
Jefferson says both sides of central bank’s mandate are under pressure because of Trump’s policies
France’s fiscal ills may require ‘targeted taxes’ – BdF head
Villeroy de Galhau warns citizens there is no ‘magic tax’ that only others will pay
India maintains wait-and-see approach with rates hold
RBI’s governor says effects of previous easing cycle and US tariffs have yet to play out
FX turnover surges 28% to nearly $10 trillion a day – BIS
Triennial survey finds euro has overtaken dollar in OTC interest rate derivatives market
Australia leaves policy rate unchanged, as expected
Governor says policy a little restrictive, while RBA notes slightly higher-than-forecast inflation data
Ex-BdL governor released on bail after year in detention
Riad Salameh, former head of Lebanon’s central bank, was arrested over corruption allegations
ECB sheds light on uses for a digital euro
‘Sandbox’ participants speak of largely positive experiences with prototype CBDC