Official Record
Palestine Monetary Authority launches new payment system
Governor says authority is planning measures to discourage the use of cash
Bank of Israel should be ready to tighten policy, says IMF
Fund warns inflation pressures are building, and says BoI should abandon FX purchases
Union objects to Colombian central bank’s branch closures
Bank of the Republic is converting some regional offices to cultural centres, closing treasuries
Cape Verde SWF to stay under central bank
President rejected law to move oversight to securities regulator
Accenture to lead creation of UAE instant payments platform
Firm says consortium will create cloud-based system to enable 24/7 payments and transfers
World Bank urges Georgia to make ‘further efforts’ on financial stability
Report praises “significant progress” but says work is needed on supervision, AML and inclusion
Azerbaijan, Kyrgyzstan and Armenia raise rates
Inflation remains high across region, though falling in these three countries
Diem confirms sale of stablecoin technology
Facebook-backed project sold its last remaining assets to Silvergate Capital
Dominican Republic raises rates 50bp
Central bank promises policy “normalisation” as inflation remains above target
RBA halts asset purchases
Australian central bank maintains interest rates at 0.1%
Central Bank of Colombia steps up tightening cycle
Full percentage point hike comes as both inflation and growth rebound
Costa Rica orders second consecutive rate hike
Inflation remains within target band but risks “lean to the upside”, board says
Canada removes forward guidance and maintains policy rate
Economic slack was absorbed rapidly in late 2021 and early 2022, bank says
IMF pares back forecasts as world faces ‘multiple challenges’
Omicron variant, supply disruptions and inflation threaten to hold back recovery, says Gita Gopinath
IMF warns El Salvador on crypto
Executive board recommends “removing bitcoin’s legal tender status”
BIS unveils 2022 programmes for innovation hubs
Focus is on CBDC, payments, DeFi, green finance, and first projects in London and Stockholm
MAS aims for stronger Singapore dollar to resist inflation
Faster appreciation needed due to “rapidly accumulating” inflationary pressures, authority says
Paraguayan policy-makers weigh inflation against drought and pandemic
Monetary policy committee opts for smaller rate hike as economy faces difficult outlook
Kazakh central bank warns of inflation pressure after protests
Policy-makers opt for 50bp rate hike to curb possible inflation surge
Eurozone deficits and debt declined in Q3 2021
But debt levels in the bloc remain at high levels, especially in Southern Europe
People’s Bank of China continues rate cuts
Cuts follow weaker growth figures as deputy governor promises stable credit growth
UK inflation hits 30-year high
Figure is now highest since CPI series began, driven by energy and food prices
Ecuador brings in anti-theft dyes
Latin American country faces increasing crime rates including attacks on ATMs
No ‘convincing case’ for UK retail CBDC, say legislators
Report warns of potential “significant challenges” for financial stability and privacy posed by CBDC