International Monetary Fund (IMF)
IMF staff warn ‘exceptional’ demand for funds likely to continue
Executive directors agree to extend debt relief and higher borrowing limits, but further support relies on political backing
Ukrainian central bank council reprimands deputy governors
Vote puts pressure on Rozhkova and Sologub to quit central bank in latest move against reformers
IEO calls for IMF to rethink house view on capital controls
Independent review says 2012 reform was helpful but still suffers from shortcomings
Machine learning algorithms could increase ethnic bias – research
Technology makes loans more likely for US ethnic minorities but increases interest rates, paper finds
Argentina allows peso to fall faster
Central bank increases repo rate as currency falls and inflation rises, despite severe GDP contraction
Belize’s central bank must improve cyber regulation – IMF staff
IMF staff warns central bank must upgrade physical resilience in face of hurricane threat
World faces systemic debt crisis, IMF warns
IMF calls for urgent reforms and Japanese finance minister criticises China over debt agreement
IMF expands flexible credit line with Colombia
The impact of the Covid-19 crisis is larger than when the programme was renewed in April, says central bank
Lower public spending holding back Middle East and Central Asia
Efficient and targeted investments require comprehensive data, says IMF paper
An end to the loveless marriage with the US dollar?
Covid-19 represents an unexpected shock that could cause further US dollar decoupling, which could show up in next week’s Cofer data release, writes Gary Smith
Nigerian central bank cuts rates despite rising inflation
Country faces falling output and rising prices as general strike vote increases pressure
Ukrainian governor defends key banking reform
Shevchenko tells court deposit guarantees must stay independent to safeguard banking reforms
IMF staffers warn of looming sovereign debt crises
Governments and markets should agree to extend bond maturities, IMF says
Advanced economies take the lead in securities lending
Nearly 60% of reserve managers lend out assets that are in high demand
Euro failing to challenge US dollar in global reserves – CBI Benchmarks data
Among non-European central banks euro sovereign debt accounts for just 4.1% of reserves; negative rates act as a major barrier, say reserve managers
Some large reserve managers eschew liquidity stress tests
Majority of central banks test for thin trading, but three in 10 larger managers do not
IMF praises Georgia’s non-bank overhaul, but says issues remain
“Issues and challenges” could still threaten the sector’s viability, fund staff warn
Knot warns deviations from global standards must be temporary
“If the US starts distancing itself from international standards, that is quite something,” says Dutch central bank chief
Covid-19 could depress growth for decades – Jackson Hole paper
“Pyschological scarring” could severely stunt future investment, researchers argue
Argentina requests new IMF programme
Government and central bank say economic stabilisation is not possible without recovery
People: IMF appoints strategy head
Pazarbasioglu moves back to IMF; Lithuanian president appoints central bank board member
National Bank of Belgium paper looks at IMF research networks
IMF staff provide useful case study of how co-authorship networks form, paper says
IMF criticises sacking of Zambian governor
Statement says governments should safeguard independence but language is notably restrained
IMF staff present details of Afghan deal
Proposed deal does not mention controversy over suspensions of central bank officials