Official Record
Curaçao and Sint Maarten raises rates 150bp
Islands track Fed policy as inflation puts pressure on growth, trade balance and reserves
IMF signs off on $1.3bn package for Zambia
Executive board urges Bank of Zambia to rebuild reserves and tackle bad debts
Ethiopia tells crypto firms to register with cyber security agency
National Bank of Ethiopia had said transactions using crypto are illegal
US household debt rising across the board
Delinquencies for subprime loans are approaching their pre-pandemic proportion
HKMA fines Commerzbank for anti-money laundering lapses
German banking giant failed to conduct required checks on 17 customers between 2012 and 2016
ADB provides $100 million in emergency loans to Mongolia
Funds will be used to expand government support for vulnerable households
HKMA deputy chief executive to retire early
Hong Kong’s finance secretary will chair a panel to pick a successor through open recruitment
Uruguay continues policy tightening
Policy-makers say inflation and expectations are stubbornly high
Fed issues guidance for banks using crypto assets
Federal Reserve seeks more disclosure from banks holding crypto
Malaysian central bank plays down impact of potential data breach
BNM says Malaysia’s payment system remains “safe and secure”
Philippine central bank to freeze licensing of digital asset firms
Existing financial institutions under the BSP’s supervision can still apply for a licence
Kuwait raises policy rate 25bp
Central bank usually times increases to match FOMC meetings
HKMA invites CBDC business plans from private sector
Banks and tech companies may be invited to work with the central bank on future CBDC research
El Salvador abolishes statistics agency
Central bank will absorb body that calculates inflation
Thailand raises rates for first time since 2018
Bank of Thailand signals more “gradual and measured” rate increases to come
Moldova raises rates as inflation hits 31.8%
Policy interest rate reaches new record high
Australian central bank launches CBDC research project
RBA says it will look into different use cases of digital currency
Israeli reserves increase on higher equity prices
Portfolio increases by over $4 billion in July to $197.8 billion
Romania continues tightening cycle with 75bp rise
Eighth consecutive increase comes as headline inflation passes 15%
UAE central bank issues guidance on politically exposed persons
Measures build on AML/CFT requirements following FATF greylisting in March
MAS to raise $1.7 billion with 50-year green bonds
Singapore’s debut green bond was oversubscribed more than two times by large investors
More depositors in Henan and Anhui to have frozen funds repaid
Chinese authorities announce repayments for depositors with savings of up to 250,000 yuan
BoI reshuffles banking supervision department
Heads of division will switch positions in a bid to foster new thinking
Madagascar raises rates 90bp
Central bank expects economy to grow but speaks of troubling global conditions