Central Banking
New ECB payments head to chair eurosystem committee
Daniela Russo to head Payment and Settlement Systems Committee as well as ECB department
European central banks agree third gold deal
New agreement will "accommodate" planned International Monetary Fund gold sales
Bank shocks markets with QE extension
Bank of England extends quantitative easing programme to £175 billion as money growth falters
Thailand relaxes overseas investment rules
Bank of Thailand relaxes rules for investing overseas in an effort to halt baht’s rise
Kenya to step up supervision: Ndung’u
Central Bank of Kenya’s Njuguna Ndung’u on strengheting supervisory tools
New York Federal Reserve – Annual Report 2008
New York Federal Reserve’s Annual Report shows its balance sheet tripled in the past year
No link between capital flight and manufacturing credit
International Monetary Fund examines whether capital inflows affect the impact of the global turmoil on credit conditions for a country’s manufacturing sector
Czechs cut rates to record low
Czech National Bank chops quarter point off official borrowing costs
Eastern Germany still behind the west
Bank of Italy looks at the economic convergence of eastern Germany with western Germany
SARB promotes deputy to run exchange control
South Africa Reserve Bank names new head of Exchange Control Department
Many ways lead to inflation targeting
International Monetary Fund compares country experiences with the introduction and implementation of inflation targeting
Japanese more aware of BoJ stability role
Bank of Japan publishes the results of the Opinion Survey on the General Public's Views and Behavior
Fed enhancing large institutions’ oversight: Tarullo
Federal Reserve’s Daniel Tarullo says supervision of large institutions to get a new boost
Goodhart calls for negative deposit rate
Former member of Monetary Policy Committee Charles Goodhart wants Bank of England to follow Riksbank’s lead in cutting deposit rate below zero
More than a fifth of jobs not advertised
Philadelphia Federal Reserve studies vacancies, hires, and vacancy yields in the US job market
Interest rate corridor for Pakistan
State Bank of Pakistan to change its policy rate structure
New York Fed releases engagements diary
New York Federal Reserve details official events and speeches to promote “greater understanding”
Indonesia cuts again
Bank Indonesia cuts for ninth month in a row but bullish on outlook for second half of the year
BoE publishes semi-annual FX survey
Bank of England finds traditional UK foreign-exchange turnover fell by almost a fifth
Bank of Estonia – Annual Report 2008
Bank of Estonia’s Andres Lipstok says adopting euro would increase foreign investors’ confidence in the domestic economy
High excess reserves levels not a Fed policy feedback
New York Federal Reserve says level of excess reserves say nothing about Fed’s policies’ impact
Malaysia’s Mohd Razif on strengthening Islamic finance
Bank Negara Malaysia’s Mohd Razif bin Abd Kadir says new Shariah-compliant commodity sales house will strengthen Malysia’s role in Islamic finance
Central-bank gold sales plunge
Official sector sells 73% less gold in six months to June than in the first half of 2008
UAE to establish official interbank rate
Central Bank of the United Arab Emirates plans benchmark money-market rate to have greater control over borrowing costs