International Monetary Fund (IMF)
Trinidad and Tobago court rules governor’s dismissal illegal
Rambarran receives damages over 2015 firing but replacement will continue in office
Chaos around Lebanese central bank grows
Audit due to recommence but judge says governor cannot be found by police, reports say
Legal certainty: the Achilles’ heel for CBDCs?
Many central banks lack legal certainty when it comes to issuing digital currencies, despite all the research and trials. Isn’t it time to get the lawyers involved?
IMF chief economist says geopolitics is undermining dollar dominance
Sanctions may have triggered a reassessment of dollar assets, says Pierre-Olivier Gourinchas
North Macedonia makes third 25bp hike
Central bank moves to increase local currency deposits, while inflation reaches double digits
People: IMF names new Asia-Pacific head
New deputy governors in Jamaica and Azerbaijan, and more
Lebanese judge orders probe into central bank chief to continue
Chief prosecutor wants to file charges of financial crimes against Riad Salameh
Argentina increases reference rate 300bp
Central bank says it anticipates inflation will fall despite continuing rise
Officials urge narrow focus as CBDC use cases proliferate
Communication and financial inclusion are critical concerns, Summer Meetings panellists agree
Bangladesh appoints senior civil servant as central bank governor
Abdur Rouf Talukder will take office in July
FSB and IMF wrap up post-crisis data gaps initiative
Some issues remain despite “significant progress” since 2009, report finds
Argentine central bank struggles to meet reserves targets
IMF signs preliminary agreement for loan payment but reports say BCRA cannot meet reserve target
CBDCs could improve energy efficiency of payments – IMF paper
Design choices could allow for greater efficiency than existing credit card infrastructure
IMF blog highlights rise of ‘non-traditional’ reserve currencies
Renminbi only accounts for a quarter of the shift away from dollars
People: Skingsley to head BIS Innovation Hub
New deputy governor in Philippines; BIS names new Asia-Pacific rep; and more
Ukrainian debt holders brace for restructure
Investors could see a 40% haircut on the bonds, though final figure will depend on complex talks
West African leaders name new central bank governor
Previous governor departed in April, leaving interim leadership unclear
What is the right size for a central bank board?
There is greater consensus for smaller boards in theory than in practice
Peter Nicholl on rebuilding Bosnia’s central bank
The former RBNZ deputy governor speaks with Dan Hardie about how he tackled financial instability in the aftermath of a war
IMF urges Kosovo to fill vital central bank positions
Supervisory board lacked quorum for approximately 18 months
IMF gains bigger budget to handle economic ‘inflection point’
Decade of flat budgets hampered efforts to tackle “profound” macroeconomic shift, fund says
Peru halves IMF credit line
Authorities say plan to phase out flexible credit line is mark of “very strong fundamentals”
Malawi devalues currency amid FX crisis
Reports say central bank has devalued kwacha by 25% as country’s exports slump
IMF calls for action on fragmenting global economy
Senior officials say world is facing “confluence of calamities” and leaders have been complacent