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Opinion

Afghan bank takes a gamble on success

According to this article published Wednesday 13 September on The Age's website, banking in Afghanistan is in a colourful class of its own, where entering the central bank on the wrong day can mean risking your life.

Why the world has no need for central banks

According to this article published Sunday 10 September by John Blundell, director general of the Institute of Economic Affairs in The Business, the world can well do without central banks and their mistakes.

Can the IMF avert a global meltdown?

According to this article by Kenneth Rogoff, published on Thursday 7 September by The Japan Times, it is time for international institutions to step in to avert a global financial crisis.

Deputy dogfight in the RBA corral

According to this recent article from The Sydney Morning Herald, two empty boardroom chairs at the Reserve Bank of Australia will present a rare visible sign of tensions between the central bank and Canberra.

StatsCan miscount adds up to doubts

Following the revelation that Statistics Canada has miscalculated inflation numbers, this article from The Canadian Press, published Thursday 17 August, says experts are now questioning another of the agency's reports.

Yuan volatility may signal appreciation

According to this article published Wednesday 16 August by Reuters, big swings in the dollar/yuan rate over the past three days suggest China's foreign exchange market is becoming freer and more volatile.

Fed chief wants to improve communication

According to this article from the Associated press, published Sunday 13 August, Federal Reserve chairman Ben Bernanke wants to improve the central bank's communication, but it's not clear how he wants to do it.

Is King readying his pen reluctantly or eagerly?

The UK press has jumped on the admission by Mervyn King that he might soon have to write a letter to the chancellor if inflation climbs above the 3% limit, but such a letter would not be the admission of failure that many imply.

A contrasting tale of two central bankers

According to the article "From Poland to Japan: a contrasting tale of two central bankers" from The Japan Times, published Monday 7 August, Poland's new leaders look set to concentrate the entire spectrum of financial supervisory powers in the prime…

Managing China's forex reserves

This article from The Star Online, published Friday 4 August, looks at the appropriate level for China's increasing foreign exchange reserves which will soon hit the US$1 trillion mark.

Comment: BoE brightens silly season slumber

The Bank of England surprised practically everyone on 3 August by raising rates by 25 basis points. The Bank's next Inflation Report, to be released on 9 August, and the minutes from the August meeting will make intriguing reading. The move will also the…

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