Central Banking
CBO signs PWC supervision agreement
The Central Bank of Oman (CBO) has signed an agreement with PricewaterhouseCoopers (PWC) to achieve a smooth migration into risk-based supervision (RBS).
Japan can declare deflation over says Omi
Japan's Finance Minister Koji Omi said Tuesday 3 October that the country can declare that its battle with more than seven years of falling prices is over.
Minehan on cb role in economic education
In the speech 'The role of central banks in economic and personal finance education' given on 29 September Cathy Minehan of the Federal Reserve Bank of Boston said the modern world is a complicated place with increasingly complex economic and financial…
Rick Hou on Solomon Islands bank notes
In the speech 'Launching of Solomon Islands' new and revised bank notes' given on 2 September Rick Houenipwela of the Central Bank of Solomon Islands said in the Solomon Islands currency development is influenced by various socio-economic factors.
Monetary policy in the media
This European Central Bank Working Paper, published 29 September, analyses the coverage which ECB monetary policy decisions receive in the print media, and the determinants of its extent and of its favourableness.
National Bank of Romania - Annual Report 2005
According to the National Bank of Romania's Annual Report 2005, the year 2005 stands out by the numerous challenges the National Bank had to deal with in formulating and implementing its monetary policy.
St. Louis Fed's Poole on data dependence
In the speech 'Data dependence' given on 29 September William Poole of the Federal Reserve Bank of St. Louis said inflation must be kept under wraps, but if both growth and price pressures were sufficiently weak, he would back a reduction in U.S…
Lister resigns from top BMA positions
Cheryl-Ann Lister, chairwoman and chief executive of The Bermuda Monetary Authority, has announced that she will be stepping down from both posts at the end of the this year. This article from The Royal Gazette, published Monday 2 October, includes an…
SARB's Mboweni on regulatory developments
In the speech 'International regulatory developments and the South African banking sector' given on 2 October Tito Mboweni of the South African Reserve Bank said South Africa's high rate of private sector credit is a major concern and poses a risk to the…
BOT chief takes role in military-backed govt
Bank of Thailand governor Pridiyathorn Devakula said Monday 2 October that he will join the cabinet of the new military-backed government in an as yet undecided role.
Almunia silent on date for Lithuanian euro entry
EU economic and monetary affairs commissioner Joachim Almunia declined to set a date for Lithuania to enter the eurozone in a speech Monday 2 October.
Japan's PM Abe expects BoJ to support growth
Japan's Prime Minister Shinzo Abe told parliament Monday 2 October that he expects the Bank of Japan to support growth through its policies as the economy continues to emerge from deflation.
PBOC chief says yuan flexibility expanding
The flexibility of China's currency is gradually being expanded as the influence of market forces grows stronger, the People's Bank of China chief said in an interview published Monday 2 October.
BOK apologises over driver, guards salaries
The Bank of Korea has apologized for giving high salaries to drivers and guards stationed at its headquarters and promised to streamline its organization, The Korea Herald reported Monday 2 October.
An Asian currency - a bridge too far
This article published on Friday 29 September by the Asia Times Online looks at the idea of the "Asian Currency Unit" which has been touted as a possible solution to the global imbalance dilemma.
Yilmaz on central banking in emerging economies
In the speech 'Central banking in emerging economies - the Turkish experience' given on 12 September Durmus Yilmaz of the Central Bank of the Republic of Turkey said a challenge of central banks in some emerging economies is dollarization.
Central Bank of Peru - Annual Report 2005
According to the Central Bank of Peru's Annual Report 2005, a positive macroeconomic performance characterized the Peruvian economy in 2005.
RBA's Lowe on payment systems evolution
In a speech given on 27 September Philip Lowe of the RBA said over the past year or so, the Reserve Bank has been examining the architecture and governance of Australia's payment systems and the range of payment products offered in Australia.
Gonzalez-Paramo on the design of monetary policy
In the speech 'Expectations, uncertainty and the design of monetary policy' given on 28 September Jose Manuel Gonzalez-Paramo of the ECB said as regards the predictability of monetary policy, policy moves have been well anticipated by money markets.
ECB's Bini Smaghi on an ageing society
In the speech 'Democratic representation and economic policy rules in an ageing society' given on 28 September Lorenzo Bini Smaghi of the ECB said ageing population and negative demographics may jeopardize the financial and political sustainability of…
ECB's Stark on central bank independence
In the speech 'The role of central banks in economic and personal finance education' given on 29 September Jurgen Stark of the ECB made some pointed remarks indirectly warning Poland's government against interfering with the country's central bank.
Interview with Central Bank of Yemen's Al-Maswari
In an interview published by the Yemen Times on Friday 29 September, the chairman of the Central Bank of Yemen, Hussian Al-Maswari, said the government of Yemen represented by the Central Bank should give more attention to developing the banking industry.
Riksbank to sell 10 tonnes from gold reserves
Sweden's Riksbank said on Friday 29 September it intends to sell up to 10 tonnes of its gold reserves between Sept 2006 and Sept 2007, in order to obtain a better risk-adjusted return on the its assets.
ECB will move forward with financial integration
A European Central Bank executive board member signalled in comments to the Financial Times, published Friday 29 September, that the ECB will push ahead with plans to increase eurozone financial integration by providing securities settlement services,…