Official Record
Uzbekistan central bank cuts rates by 100bp
Emergency meeting loosens policy in response to pandemic and energy price fall
ECB sets up €2 billion swap line with Croatian National Bank
The line will remain in place until the end of 2020, but can be extended as long as it is needed
FSB co-ordinating Covid-19 response – Quarles
Board is focused on protecting financial stability both during and after the pandemic, chair says
MAS promotes e-payments amid pandemic
Central bank launches campaign for PayNow and universal QR code
Apra suspends bank licence issuance
Prudential regulator will continue to review applications while six-month suspension is in place
Thailand’s central bank throws support line to SMEs
Businesses will be eligible for new financing facility and payment holiday
RBNZ to start buying local government debt
Central bank expands its large-scale asset purchases in the wake of the Covid-19 shock
Riksbank expands incentives for lending to small firms
Central bank continues with flurry of crisis-fighting measures
Bank of Thailand advocates washing banknotes
Central bank says “mild detergent” or soapy water will be enough
Bank of Mexico lacks scope to counter Covid-19 – minutes
Officials highlight limited scope to lower rates below 6.5% without stoking inflation
Bank of Israel launches targeted lending operations
Central bank offers cheap loans to banks as part of Covid-19 response package; research department estimates point to major growth impact from virus
HKMA staff to get 2.5% pay increase
Senior staff, including chief executive Eddie Yue, request pay freeze
ECB extends strategy review until mid-2021
Central bank postpones public events by six months due to the Covid-19 crisis
Malaysian central bank says economy likely to shrink
Bank Negara Malaysia says pandemic already having “significant impact”
Bank of Portugal removes limits on credit card use
Central bank issues new regulation to encourage the use of electronic payments
Cares Act a very good start, but US may need bigger fiscal response – Rosengren
Boston Fed president warns pandemic could have significant impact on real estate market
Qatar Central Bank unveils mobile payments system
Central bank launches “new and safe method” for electronic payments
ECB makes record sovereign bond purchases
Central bank ramped up purchases under the PSPP programme in the week to March 27
East Asian economies face ‘profound’ impact from Covid-19 – World Bank
Report estimates growth could turn negative for the region in “lower-case” scenario
Central Bank of Colombia cuts rates and unveils liquidity support
Central bank cuts main rate and offers liquidity in US dollars and pesos
Riksbank to buy commercial paper and expand counterparties
“Everything has changed”, business survey finds
Fed selects BlackRock to manage asset purchases
Fed taps into firm’s experience in corporate debt management in move reminiscent of 2008 crisis
IMF releases first emergency Covid-19 funding to Kyrgyz Republic
Country is battling with balance-of-payments gap of $400 million
BoE on hold as early indicators point to rapid UK downturn
Policy on hold after extraordinary actions in recent weeks; network of agents reports credit conditions are tightening