Banknotes Merchants in the cash system As policy-makers seek to protect cash acceptance and increasingly look to retailers to facilitate access to cash, Martina Horakova argues that merchants need adequate cash services themselves – and that providing cash to the public should not come at their expense 19 Aug 2026   |  Feature

Monetary Policy Implications of the 2026 Middle East war Gavin Bingham, Paul Fisher and Andrew Large detail the monetary policy, financial stability and international co-operation challenges for central banks 27 Jul 2026   |  Opinion

Digital currencies One ledger or eight: the design choice that will shape cross-border money Two rival tokenised settlement networks have both expanded. The contest between them is not primarily about technology, and not yet about currencies. It is about who keeps the ledger, argues Marcello Minenna 24 Jul 2026   |  Opinion

Governance Institutionalising change: the challenge for Argentina Martín Redrado sets out what is needed for a meaningful and resilient new ‘charter’ for the Central Bank of Argentina 22 Jul 2026   |  Opinion

Fintech Tokenisation: making space for financial inclusion and consumer protection Manoj Singh says potential benefits of tokenisation are being overlooked 03 Jul 2026   |  Opinion

Cyber Myths and realities of AI hacking New artificial intelligence models raise serious concerns about the future security of the international monetary system 17 Jun 2026   |  Opinion

Financial Stability The next financial crisis may start outside the banks The warning signs are multiplying and the window for preventive action is narrowing, writes Stijn Claessens 03 Jun 2026   |  Opinion

Banknotes The role of high-denomination banknotes High-value notes are an important store of value and remain in demand during crises, says Antti Heinonen 10 Apr 2026   |  Opinion

Financial Stability For collateral, can TINA become TIA? US Treasuries’ dominance as collateral in repo and derivatives is no longer set in stone, argues economist 27 Mar 2026   |  Opinion