Official Record
IMF negotiating new arrangement with São Tomé and Príncipe
São Tomé’s IMF arrangement expired last year
RBI implements fourth rate cut of the year
Central bank reduces interest rates by 35bp to 5.4%, as it lowers growth forecasts
IMF extends deadline to implement increase in quotas
Executive board allows members to consent to and increase their contributions until December 27, 2019
Institutional approaches are key factor in mortgage defaults – BoE paper
European countries show major differences in mortgage default factors, researchers find
RBA lowers growth and inflation forecasts
Australian governor says central bank is ready to cut rates further from record-low 1%
European bank capital to rise by €135bn to meet Basel III
Minimum capital requirements would increase on average by 24.4%, says the European Banking Authority
Indonesia cracks down on illegal fintech firms
Regulator has closed 826 fintech firms in 2019
Jordan cuts rates for first time in four years
Central bank stresses country’s struggle with low inflation
Bank of Israel unlikely to raise rates in the near future, says governor
Israel sees monthly inflation drop below target range
Oman finalises plan to modernise payments
Central bank hopes to bolster fintech within the country
BoJ ‘will not hesitate’ to ease further if risks crystallise
Central bank adopts dovish outlook, amid “significant” risks to economic activity and prices
Ripple attempts to pacify US regulators after libra hearings
Payments service provider says crypto assets would be complementary to dollar
RBA’s Lowe defends inflation target’s effectiveness
Alternative frameworks would be difficult to implement and harder to explain – Australian governor
Paraguay central bank cuts rates on weak growth and inflation
Trade tensions and looser policies in advanced economies open opportunity to stimulate economy
Central Bank of Nigeria holds rates and pushes for lending boost
CBN governor also announces new protectionist policy
Bundesbank takes light-touch approach to Libra
Governments should be “neutral” on some digital currencies, says German central bank
Bank of Israel willing to hike rates in 2019 – minutes
Monetary committee left rates unchanged at 0.25% on July 8 due to global economic uncertainty
Ghana sees route to ‘cash-lite’ economy through mobile money
Central bank deputy governor promises development to further encourage fintech
Swift says Singapore trial cut cross-border payment times
Network argues existing payments systems can be used for cross-border transfers
UAE central bank hails new financial stability remit
Financial stability report notes NPL levels have risen, but banks are also making larger provisions
Cash no longer US’s most popular means of payment
Debit cards were the most frequently used means of payment in 2018, Fed report finds
Lagarde resigns as IMF managing director
Selection process to find successor will start “promptly”, IMF says
Riksbank’s rate-setters disagree on future rate moves – minutes
Some executive board members stress trade tensions, while others point to local economic strength
Central Bank of Egypt holds rates despite lower inflation
Deposit rate remains at 15.75%; core inflation fell to 6.4% in June from 7.8% in May