G10

G10 reassured by impact of joint injections

Central bank governors and finance ministers from the G10 economies were "very satisfied" with the effect of the coordinated action to ease interbank tensions, said Jean-Claude Trichet, the president of the European Central Bank (ECB).

Canadian dollar fall 'unsurprising': Dodge

Bank of Canada governor David Dodge said the decline in the Canadian dollar reflects ``fundamentals,'' and isn't ``surprising'' in light of slowing economic growth and a decline in crude oil prices.

Argentina's Redrado says reserve building vital

Argentine central bank president Martin Redrado said Monday 8 January Latin American countries should take advantage of the current moment of good economic growth to build up foreign reserves to prepare for unforeseen problems.

Trichet positive on global growth but sees risks

European Central Bank president Jean-Claude Trichet said Monday 20 November that the global economy is set for dynamic growth in 2007 but central bankers must remain vigilant as oil prices still threaten to stoke inflation.

Trichet says IMF representation progressing

European Central Bank president Jean-Claude Trichet has said the process of giving the ECB a higher profile in the IMF is going in the right direction, although he would prefer progress to be quicker.

Nout Wellink to chair Basel Committee

The Group of Ten (G10) central bank governors and heads of banking supervision said Friday 19 May that they have appointed Nout Wellink, President of the Netherlands Bank, as the new Chairman of the Basel Committee on Banking Supervision.

G10 central bankers wary of inflation

Central bank chiefs from leading industrialised and developing countries called on Monday 8 May for "very special attention" to guard against ongoing global economic growth from becoming inflationary.

Survey of foreign exchange settlement risk

The Committee on Payment and Settlement Systems said Wednesday it will carry out a survey of how banks and other selected institutions manage the risks they can incur when settling foreign exchange transactions.

Philipp Hildebrand to chair the Deputies of G10

Following a proposal by Giulio Tremonti, Italy's Finance Minister and current Chairman of the Group of Ten, Philipp Hildebrand, a member of the Swiss National Bank's Governing Board, was appointed Chairman of the Deputies of the Group of Ten on Monday 23…

Caruana to leave Basel Committee in July

Jaime Caruana said on Monday 9 January he will step down as chairman of the Basel Committee on Banking Supervision when he leaves his post as governor of the Bank of Spain in July this year.

G10 report on pension reform released

A report on the implications of ageing and pension system reform for financial markets and economic policies, requested by the Group of 10 was released earlier this week.

G10 central bankers warn on inflation

Following the meeting of G10 central bankers in Basel, ECB president and spokesman for the G10 said world economic activity would be decreased "without any doubt" by oil prices and spark inflation risks.

BIS Red Book on payment systems in Sri Lanka

The Central Bank of Sri Lanka (CBSL) announced on Tuesday that the Bank for International Settlements (BIS) has published the Red Book, 'Payment Systems in Sri Lanka' prepared jointly by the Central Bank of Sri Lanka and the Committee on Payment and…

G10 ministers and CB governors meet in Dubai

Ministers and central bank governors of the Group of Ten met in Dubai and despite an improvement in the overall economic outlook, drew attention to the "significant internal and external imbalances that persist, which could weigh on the sustainability of…

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