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Official Record

HKMA - Annual Report 2008

Hong Kong's exchange fund lost HK$136 billion ($17.5 billion) in 2008, revealed the Hong Kong Monetary Authority (HKMA) in its Annual Report published on Monday.

Czechs criticise De Larosiere report

The De Larosiere report fails to take account of the need for one regulator to cover supervision of all sectors of the financial market, says a position statement from the Czech National Bank.

ECB Monthly Bulletin: April 09

The flow of loans to non-financial corporations and households has remained very subdued, says the latest Monthly Bulletin from the European Central Bank.

Central Bank of Sri Lanka - Annual Report 2008

Sri Lanka's economy demonstrated its resilience by recording growth of 6% in 2008 amid unprecedented and unfavourable developments globally and domestically, the country's central bank's latest Annual Report notes.

Depth of Icelandic cut limited on krona concern

Members of the Central Bank of Iceland's monetary policy committee decided unanimously to cut the key policy rate by a full percentage point to 17% but resisted a steeper move owing to caution about the impact on the currency, the minutes for the 17 and…

Turkey justifies cut to record low

The Central Bank of Turkey cut rates by 100 basis points to an all-time low earlier this month on signs that the global economic outlook continued to deteriorate and the depression was expected to be long lasting, the minutes for the 19 March meeting…

Japanese outlook grim

Economic conditions have deteriorated significantly and are likely to continue doing so for the time being, notes the Bank of Japan in its latest Monthly Report on economic and financial developments.

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