Central Banking
Role of regulator is changing - Sri Lankan deputy
Ranee Jayamaha, the deputy governor of the Central Bank of Sri Lanka, has said that regulators should take a more principles-based and risk focused approach towards rule making.
Albanian governor promotes transparency
Ardian Fullani, the governor of the Bank of Albania, highlighted the central bank's efforts to create a more transparent monetary policy framework in a recent speech.
Europe's IMF domination to end with Strauss-Kahn?
Jean-Claude Juncker, the prime minister of Luxembourg, has said that Dominique Strauss-Kahn, the EU's nominee to head the International Monetary Fund (IMF), will be the last managing director to come from the EU for the "foreseeable future".
Estonia delays euro entry
The Bank of Estonia has said that Estonia would not meet EU criteria for eurozone accession in the years 2008-2009 and thus would not be able to adopt the common currency in 2010.
Thailand holds rates
The Bank of Thailand decided Wednesday to keep its benchmark interest rate, the one day repurchase rate, at 3.25%.
Poland increases rates
The National Bank of Poland decided Wednesday to hike interest rates by a quarter despite inflation remaining below the central bank's target rate. The benchmark reference rate is now 4.75%.
Government bond liquidity key - Swiss banker
"A liquid market for government bonds is a great advantage for the functioning of financial markets and for an efficient monetary policy," Swiss National Bank board member Thomas Jordan argued on Tuesday.
Minutes highlight Fed's attitude shift
Minutes of the Federal Open Market Committee's (FOMC) last rate-setting meeting reveal optimism that the economy could weather turmoil in the money markets.
Central Bank of Luxembourg - Annual Report 2006
Inflation in Luxembourg increased for the third consecutive year in 2006.
Ugandan governor plans for integrated east African
Emmanuel Tumusiime-Mutebile, the governor of the Bank of Uganda, said that stability in the financial and foreign exchange markets is needed for east African states to successfully integrate their financial markets.
Japan's low rates explained
Japan's low long-term interest rates can be explained with economic rationality, according to a paper published by the Bank of Japan on Wednesday.
Russia piles on pressure for Tosovsky
Aleksei Mozhin, Russia's executive director at the International Monetary Fund (IMF), reiterated his country's support for Josef Tosovsky to head the organisation.
Iranian governor resigns
Ebrahim Sheibani, the governor of the Central Bank of the Islamic Republic of Iran, has resigned.
Hungary maintains base rate
The National Bank of Hungary held the base rate at 7.75% on Monday 27 August.
Israel raises rates to 4%
The Bank of Israel increased its interest rate by 25 basis points to 4%, after inflation rose more than expected in July.
Colombia holds rates
Colombia's central bank decided to maintain its 9.25% interest rate on Friday after inflation fell in July.
Trichet stresses importance of transparency
Jean-Claude Trichet, the president of the European Central Bank (ECB), said that ensuring that inflation expectations stay well-anchored was "of paramount importance".
Mizuno wanted 25 bp hike
The minutes from the Bank of Japan's monetary policy board July meeting confirm that Atsushi Mizuno wanted to raise the overnight rate from 0.5% to 0.75%.
Problems with monetary policy transmission lags
A paper published by the Bank of Finland investigates how lags in monetary policy transmission can damage the credibility of inflation-targeting central bankers.
Bank of Mongolia - Annual Report 2006
Mongolia's economy grew by 8.4% in 2006. Inflation stood at 6%, 1 percentage point lower than the 7% limit set by the State Monetary Policy Guideline.
Borrowing from Fed at highest level since 9/11
Banks have borrowed an average of $1.2 billion a day from the Federal Reserve's discount window for the week ending 22 August. This is the third highest weekly amount of borrowing ever.
Malaysia holds rates at 3.5%
Bank Negara Malaysia decided to keep its overnight call rate at 3.5% on Friday.
Canada appoints special adviser
Paul Masson will join the Bank of Canada as a special adviser for the year 2007-08 in September, the central bank announced on Wednesday 22 August.
RBNZ appoints new department head
Lindsay Jenkin will join the Reserve Bank of New Zealand as head of human resources.