Central Banking
China set to inject $60 billion in state banks
The People's Bank of China will inject $60 billion of its vast foreign exchange reserves into two state banks through its Central Huijin Investment arm.
Indonesia holds rates
After two 25 basis point cuts in as many months, Bank Indonesia decided today to hold its benchmark interest rates at 8.25%
Mboweni predicts interest rate increase
Tito Mboweni, the governor of the Reserve Bank of South Africa, says the central bank is more likely to raise interest rates than reduce them at its policy meeting next week.
Bank of Greece - Annual Report 2006
The Bank of Greece has published a 100-page summary of its 2006 annual report.
Korea plans new high-denomination banknotes
The Bank of Korea has drawn up a pool of ten historic figures for the design of its new 50,000 and 100,000 won banknotes, scheduled to debut in early 2009.
Price setting behaviour in Japan
The Bank of Japan has published a working paper exploring micro price setting behaviour and price hazard functions.
Bank of Israel - Annual Report 2006
The Bank of Israel has published its 2006 annual report, reflecting on a strong year for the Israeli economy.
IMF board backs global imbalances plan
The board of the International Monetary Fund (IMF) has backed a plan for conducting multilateral surveillance aimed at reducing global imbalances.
Burundian central bank chief arrested
Isaac Bizimana, the governor of the Bank of Burundi, was arrested Saturday 4 August on suspicion of embezzlement. The alleged embezzlement involves payments made to Interpetrol, an oil company, between 1996 and 2002.
South Africa's Mboweni on monetary policy risks
In this speech Tito Mboweni, the governor of the South African Reserve Bank, outlines some of the major concerns currently facing the central bank.
South African inflation target band remains
The South African Reserve Bank's current inflation target band of 3% to 6% will be maintained despite criticism from the International Monetary Fund (IMF), finance minister Trevor Manuel announced on Monday 6 August.
Czech central bank predicts further rate hikes
The Czech National Bank will increase interest rates if its macroeconomic forecast is correct, minutes of latest policy meeting, released on Friday 3 August, revealed.
Philippines to hold rates
Amando Tetangco, governor of the Central Bank of the Philippines, hinted that interest rates would remain unchanged for the foreseeable future.
Polish inflation to stay below 3.5% until 2009
Slawomir Skrzypek, the governor of the National Bank of Poland, says inflation will not top 3.5% in the next two years. Interest rates, he added, should remain unchanged as a result.
Paper on contestability in Canadian banking
The Bank of Canada has published a discussion paper entitled, "A Note on Contestability in the Canadian Banking Industry."
Colombia researches ratings
The Bank of Colombia has published a paper that estimates transition matrices for the ratings on financial institutions.
Central Bank of Ireland 2006 annual report
The Central Bank and Financial Services Authority of Ireland has published its 2006 annual report.
Real effective exchange rates in WAEMU
A new paper from the IMF investigates the long-run equilibrium paths of the real effective exchange rates (REERs) of countries in the West African Economic and Monetary Union (WAEMU).
Central Bank of Oman - annual report 2007
Oman's economy grew at 15.6% in 2006 the central bank reports in its annual report for 2006.
New Zealand central bank defends policy framework
The Reserve Bank of New Zealand has published its submission to the government's inquiry into the future monetary policy framework.
Calls for New Zealand to drop inflation target
The New Zealand stock exchange operator, New Zealand Exchange (NZX), has called for on the country's central bank to abandon its strict inflation target. Michael Cullen, the finance minister, called the suggestion "very interesting and very well…
Singaporean wealth fund warns of protectionism
One of Singapore's state investment companies, Temasek Holdings, says it is concerned about the threat of protectionist backlash against sovereign wealth funds.
Mboweni dismisses calls for intervention
The governor of the South African Reserve Bank, Tito Mboweni, dismissed the suggestion of a group a renowned economic advisors to the government.
Peruvian rates on hold
Peru's central bank kept interest rates unchanged on 2 August, after last month's unexpected rate rise.