Central Banking
Tightening prospects fade in Japan
The prospects for a rate hike in Japan in the near future have become even smaller after a quarterly report by the Bank of Japan indicated that economic conditions have worsened in eight of the country's nine regions since April.
New Olympics banknote for China
The People's Bank of China (PBoC) is issuing a new 10-yuan note to commemorate the Beijing Olympics, which start in August. Local media reports suggested that the note will feature a drawing of the new National Stadium, also called the Bird's Nest -…
Seoul moves to stem won slide
The Bank of Korea and ministry of finance issued a joint statement on Monday declaring their intention to intervene to prevent further falls in the foreign exchange market.
Rising fuel prices spur Israel's rate hike
Concern over rising fuel prices led Stanley Fischer, the governor of the Bank of Israel, to opt for a quarter-point rate rise at last month's meeting of the central bank's monetary policy committee.
Pakistan's plans consolidated supervision
Pakistan's central bank is moving towards a consolidated supervision system, said Shamshad Akhtar, the governor of the State Bank of Pakistan, in a speech detailing a ten-year strategy for the financial sector.
Latvia feels the turmoil
The Latvian economy shows increased signs of a deceleration, said Ilmars Rimsevics, the governor of the Bank of Latvia.
Banco de la Republica, Colombia minutes
The board of directors of the Banco de la Republica Colombia decided unanimously to leave the intervention rate at 9.75%, the minutes of the 20 June meeting show.
Interest rates in inflation-targeting countries
A new paper from the Reserve Bank of Australia examines whether long-term nominal interest rates in inflation-targeting economies are determined abroad.
Sarkozy in SWF U-turn
Nicolas Sarkozy, the French president, is having second thoughts about sovereign wealth funds. So much so that he is even suggesting that France should have one.
Europe's payments revolution is slow going
The number of payments made using the new SEPA (Single Euro Payments Area) credit transfer have been "very low", admitted Gertrude Tumpel-Gugerell, an executive director at the European Central Bank.
Bank Indonesia hikes rates
Indonesia's central bank raised rates for the third time in a row as the fuel price hike and soaring food prices pushed inflation to above 11% in June.
Have Australian rates peaked?
The statement accompanying the latest monetary-policy decision of the Reserve Bank of Australia suggests that the central bank's long cycle of monetary tightening may be over.
Jelasic on capital market development
Pension reform is a key link in the development of the capital market in Serbia, said Radovan Jelasic, the governor of the National Bank of Serbia.
RBI issues draft mobile guidelines
The Reserve Bank of India issued a consultation document on mobile payments in June.
Japan shows resistance to turmoil
Japan's economy expanded moderately and exports continued to increase from October 2007 to March 2008, according to a report published by the Bank of Japan.
Fed on hedge funds resilience
The hedge fund industry is generally robust in the face of different market shocks, finds a new paper from the Federal Reserve.
Should the public read inflation reports?
A new paper published by the Czech National Bank offers a way to evaluate consistency in central bank communication.
National Bank of Slovakia - 2007 Annual Report
For Ivan Sramko, the governor of the National Bank of Slovakia, 2007 was a dynamic year in terms of both economic development in Slovakia and preparations for the euro.
Central Bank of Brazil minutes
Rate setters in Brazil were unanimous in their decision to raise the Selic target to 12.25% p.a., the minutes of the 3 and 4 June monetary policy committee meeting show.
Real interest rates in Sweden
New research from the Sveriges Riksbank discusses the concept and development of the real interest rate and the real repo rate in Sweden.
Swedish rates up, more to come
Sweden's central bank has raised rates by a quarter point to 4.5% - a new 12-year high - with the promise of two further hikes this year.
Bank of Ghana staff strike
Staff at the Bank of Ghana went on strike Thursday in protest over the dismissal of two colleagues.
China clamps down on hot money
The authorities in Beijing have announced new measures to curb the inflow of speculative money, which is adding to the booming economy's increasing inflation problem.
ECB's Tumpel hails "encouraging" replies to T2S
Responses from Europe's settlement houses to an invitation to join the European Central Bank's settlement initiative, T2S, have been "encouraging" said Gertrude Tumpel-Gugerell, an executive director at the ECB, two days ahead of the deadline for replies.