Central Banking
Zimbabwe's Gono no hero for removing zeroes
Protests and arrests accompanied the final day of Zimbabwe's currency exchange.
The benefits of Basel's Core Principles
A staff paper by Richard Podpiera of the IMF explores the relationship between banking sector performance and the quality of regulation and supervision as measured by compliance with the Basel Core Principles for Effective Banking Supervision (BCP).
Chicago Fed reviews explicit inflation targeting
The Federal Reserve Bank of Chicago president and CEO, Michael Moskow, considers whether the Fed should now adopt explicit numerical guidelines or targets for inflation.
IMF report on US inflation dynamics
The latest issue of the IMF survey has a short article on what drives inflation dynamics in the US.
RBA paper on housing market equity flows
This discussion paper from the Reserve Bank of Australia looks at how equity is being withdrawn and injected in the housing market.
IMF paper on indebted monetary authorities
The paper examines two main aspects of the interaction between fiscal and monetary policy in emerging-market economies.
Zimbabwe currency swap hits deadline
Zimbabwe's old currency ceased to become legal tender at midnight on 21 August, as the deadline ran out for citizens to exchange their notes for new denominations with three less zeroes.
Canada cancels plan for C$200 banknote
The Bank of Canada has withdrawn a proposal to print a C$200 bill after a survey concluded that there is a significant current of opposition from retailers to its introduction.
Colombia raises rates to 21-month high
Colombia's central bank raised its key intervention rate on Friday to 6.75% from 6.5%. The move was expected by market observers as inflationary pressures have been building through high consumer spending, rapid growth in imports and a sharp increase in…
Vietnamese governor wants less cash, more plastic
The governor of Vietnam's central bank, Le Duc Thuy, has called for greater cooperation between commercial banks to expand bank card services.
Bank of Japan's new executive director
Japan's finance minister, Sadakazu Tanigaki, today appointed Kiyoto Ido, a former director-general of the finance ministry's international bureau, as one of six executive directors of the Bank of Japan.
ECB paper on central banking operations
A new paper from the European Central Bank models bidding behaviour in central bank open market operations.
MacFarlane explains recent rate rise
In his final testimony to lawmakers before retiring as governor of Australia's central bank, Ian MacFarlane explains recent rate rise.
Bank of France - Annual Report 2005
According to the Bank of France's Annual Report 2005, in 2005, France posted economic growth of 1.4%, compared with 2.1% in 2004.
Central Bank of The Gambia - Annual Report 2004
According to the Central Bank of The Gambia's Annual Report 2004, real gross domestic product (GDP) grew by a robust 6.6 per cent in 2004, but lower than 8.8 per cent in 2003.
Reserve Bank of Fiji - Annual Report 2005
According to the Reserve Bank of Fiji's Annual Report 2005, while the Fiji economy posted the fifth consecutive year of growth in 2005, the rate of growth has declined.
Central Bank of Egypt - Annual Report 2004-2005
According to the Central Bank of Egypt's Annual Report 2004-2005, economic performance showed an upturn during FY 2004/2005, according to data from the Ministry of Planning.
StatsCan miscount adds up to doubts
Following the revelation that Statistics Canada has miscalculated inflation numbers, this article from The Canadian Press, published Thursday 17 August, says experts are now questioning another of the agency's reports.
India's central bank is not a growth killer
According to this article published Thursday 17 August by Bloomberg, opposition to the Reserve Bank of India's strategy isn't merely academic.
Inflation targeting can boost stability-Bank paper
This article from Reuters, published Thursday 17 August, takes a look at the recent research paper from the Bank of England, co-authored by governor Mervyn King.
SNB's Blattner to retire in the spring of 2007
The vice-chairman of the Swiss National Bank's Governing Board, Niklaus Blattner, will retire at the end of April 2007, the SNB said on Friday 18 August, adding that a replacement would be proposed within months.
China raises rates by 0.27%
The People's Bank of China on Friday 18 August announced increases of 0.27 percent for key lending and deposit rates in an attempt to slow investment and prevent the economy from overheating.
Fukui says 'more time' needed to hike rates
Bank of Japan governor Toshihiko Fukui told the Kyodo News Agency in an interview that the central bank needs "a little more time" to lift interest rates after it ended its zero-rate policy last month.
SADC meeting focuses on trade
Trade in the Southern African Development Community (SADC) will feature high on the agenda at the 14-member body's summit in Maseru, Lesotho.