International Monetary Fund (IMF)
End dependence on central bank financing, Ukraine governor says
Supervisors will start evaluating banks in April as IMF considers increased financing
Agent-based models shed light on CBDC dynamics
Take-up could be as high as 25% of total money, but depends on design choices, IMF research finds
IMF officials: do not make crypto legal tender
Fund leaders call for cautious approach to digital assets at February meeting
IMF allows five regional banks to hold SDRs
Development banks in Europe and the Americas are now “prescribed holders”
Rates round-up: Mexico adds 50bp
Mexico delivers surprise; Peru pauses tightening cycle; mixed decisions in Europe
Ghana plans to ‘securitise’ debt to central bank
Country struggling to restructure debts and secure IMF loan
Barbados names new permanent governor
Former IMF economist will succeed Cleviston Haynes
Alwyn Jordan becomes Barbados central bank’s acting governor
Cleviston Haynes left central bank on January 31 as his term ended
Bolivia seeks reserves boost from retail bond sale
Unusual central bank operation “does not make much sense”, former governor says
Bank of Ghana adds 100bp as crises grind on
IMF reportedly wants end to central bank financing
IMF says global economy may be at ‘turning point’
China and India expected to drive half of global growth this year, but other economies are lagging
Haiti receives $105 million emergency loan
IMF urges central bank to cut back monetary financing
European investigators want to interview Lebanese governor
Magistrates investigating money laundering reports have interviewed two former deputy governors
Pakistan raises rates 100bp amid reserves crisis
Reserves now only enough to cover about three weeks of imports
Argentina and Brazil to begin studying common currency
Minister says countries are taking “first step” in project
Argentine minister announces debt buyback
Government will repurchase up to $1 billion in foreign currency bonds “to lower risk premium”
Nepal central bank prohibits overseas investments
Move follows import restrictions in 2022
‘Geo-economic fragmentation’ could cut GDP by 12%, says IMF
Georgieva says world faces “new Cold War”, putting global financial stability at risk
Sri Lankan IMF deal blocked by debt problems, governor says
Bailout package needs agreement on Chinese and Indian loans, Weerasinghe says
Zambian central bank needs more safeguards, IMF says
Fund says central bank’s independence is still under threat despite reforms
Argentina activates Chinese swap lines
Central bank says move will boost reserves but observer says it is unlikely to strengthen peso
Madagascar central bank has new governor
Andrianarivelo takes over after Rabarijohn resigns early, citing health reasons
IMF’s Gopinath rewrites classic open-economy model
Mundell-Fleming model’s assumptions make it less useful for modern policy-making, economist says
New Bank of Tanzania governor appointed
Emmanuel Tutuba replaces Florens Luoga, whose term had ended