Central Banking
New framework for supervision in Nigeria
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) intend to introduce a comprehensive framework for banking supervision and have sent a draft to banks asking for their comments.
Aging, demand and the structure of wages
Substantial shifts in the age distribution of the working population are being brought about by demographic change.
Algeria's unemployment relatively high
This paper considers the determinants of labour market performance in Algeria.
Singapore's capital markets impressive
Kola Luu, executive director of the financial markets strategy department at the Monetary Authority of Singapore, in a speech at the ACI Forum on 3 September 2007, highlighted the good performance of Singapore's domestic capital markets.
Central Bank of Tunisia - Annual Report 2006
The Central Bank of Tunisia has published its 48th annual report. Covering the year 2006, it analyses the main economic and financial trends prevailing in Tunisia and throughout the world and presents the issuing institution's financial statements,…
Bank-run claims "partially misleading": Bundesbank
The Bundesbank has said newspaper claims that Axel Weber, the president of the central bank, compared the current market turmoil to a classic bank run were "partially misleading".
Strauss-Kahn and Tosovsky vie for top IMF job
Dominique Strauss-Kahn, the former French finance minister, and Josef Tosovsky, the head of the Financial Stability Institute, are the only two candidates for the top job at the International Monetary Fund (IMF).
Gambia holds rates at 15%
The Central Bank of the Gambia said that an increase in food prices meant that it had to keep its benchmark rediscount rate at 15%.
Paramonova to leave Russian central bank
Tatiana Paramonova, first deputy chairman of the Central Bank of Russia (CBR), is to quit her office in September.
Fed Board's Mishkin writes on housing crisis
In a timely paper, Frederic Mishkin, one of five current members of the Federal Reserve's Board of Governors, has emphasised the importance of the housing industry on the US economy. Mishkin said: "The housing market is of central concern to monetary…
Central Bank of Libya - 2005 Annual Report
Legislation passed in 2005 has led to a more independent Central Bank of Libya. The Banking Law Number 1 allowed the central bank greater autonomy in deciding monetary and credit policy, and banking supervision.
Islamic finance growing fast - Malaysian governor
Tan Sri Dato' Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, said that the Islamic finance industry is expanding by 15% to 20% a year, with demand outstripping supply.
Thailand to hold risk management event
The Bank of Thailand said on Monday that this year's research event will cover 'Managing Financial Risks for the Coming Decade'.
Bernanke keeps markets guessing
In a wide-ranging review of the causes of the turbulence in financial markets and the role of housing finance in triggering it, Ben Bernanke, the chairman of the Federal Reserve, committed the Fed to take action as needed to promote financial stability.
Australia announces ATM reforms
The Reserve Bank of Australia said it will introduce reforms that will give the public more information on the cost of using ATMs.
Parliament reads Singapore CB bill
The Parliament of Singapore conducted its first reading of the Monetary Authority of Singapore (MAS) Bill on 27 August.
Barclays revealed as BofE borrower
Barclays, a commercial bank, said Thursday that it was the bank that borrowed £1.6 billion ($3.2 billion) from the Bank of England's standing facility.
Ryback moves to Korean regulator
William Ryback, the former deputy chief executive of the Hong Kong Monetary Authority, is to join the Financial Supervisory Service (FSS), Korea's market regulator.
Bank of Japan - Annual Review 2007
Japan's economy expanded moderately in 2006.
Banknotes remain important - SA chief economist
Monde Mnyande, the chief economist of the South African Reserve Bank said that the ratio of coins and notes in circulation to gross domestic product has risen since 2004, after the ratio had declined steadily since the mid seventies.
Targeting is the best approach - Canada's Duguay
Pierre Duguay, a deputy governor of the Bank of Canada, said that the central bank would continue to use inflation targeting as part of its monetary policy.
IMES series covers Asian economic trends
The Institute for Monetary and Economic Studies at the Bank of Japan has published a discussion paper e-series covering a host of topical Asian issues.
Trichet absent from Jackson Hole talks
Jean-Claude Trichet, the president of the European Central Bank (ECB), will not attend the Federal Reserve's Jackson Hole conference.
BofE lends £1.6 billion from standing facility
The Bank of England said that a commercial bank borrowed £1.6 billion on Wednesday through the Bank's standing facility, which charges 100 basis points more than the base rate.