Central Banking
Central Bank of Cyprus - Annual Report 2005
According to the Central Bank of Cyprus's Annual Report 2005, real GDP grew by 3,8% in 2005 compared with 3,9% in the previous year.
Czech National Bank - Annual Report 2005
According to the Czech National Bank's Annual Report 2005, inflation in 2005 was lower than in the previous year.
Banking and Payments Authority of Timor-Leste - AR
According to the Banking and Payments Authority of Timor-Leste's Annual Report 2004-2005, economic activity in Timor-Leste picked up in 2004 impacted by favorable crops in agriculture sector and expanded banking activity.
BoE paper on the danger of inflating expectations
According to the Bank of England Working Paper "The danger of inflating expectations of macroeconomic stability: heuristic switching in an overlapping generations monetary model" the volatility of inflation and output has fallen in most advanced…
Sweden's Srejber on monetary union
In the speech 'Frameworks and stabilisation policy in a monetary union' given on 17 August Eva Srejber of the Sveriges Riksbank said when discussing whether or not to join or form a monetary union, concerns are usually expressed that the countries in the…
Yuan volatility may signal appreciation
According to this article published Wednesday 16 August by Reuters, big swings in the dollar/yuan rate over the past three days suggest China's foreign exchange market is becoming freer and more volatile.
Report sees slower gold sales
With European central banks unlikely to opt to sell the maximum allowable 500 metric tons of gold in their annual quota, gold prices should benefit from the reduced physical supply, according to a report by London-based consultancy Virtual Metals Ltd.
SPEED: the new journal for financial plumbers
SPEED - short for Settlement, Payment, E-money and E-trading Development - is a new journal aimed at all those policy-makers in banks, central banks and system operators who are trying to ensure that the financial infrastructure, often called the …
Romanian central bank confident of inflation drop
The Romanian central bank said Wednesday 16 August it is confident of a drop in inflation, while promising to maintain its cautious approach to monetary policy, guarding against the possibility of inflation rising again.
Venezuela monetary reform pondered
A likely monetary reform in Venezuela is subject to a decision by the Central Bank of Venezuela (BCV), said the National Assembly Finance Committee president Rodrigo Cabezas.
Securities Settlement Service may cut costs
Costs for securities settlement services could fall as much as 20% if the European Central Bank sets up a single platform in the eurozone, a person familiar with the deliberations told Dow Jones Newswires Thursday 17 August.
Bulgarian National Bank - Annual Report 2005
According to the Bulgarian National Bank's Annual Report 2005, average annual inflation fell by 1.2 percentage points on 2004 to 5 per cent.
Central Bank of Bosnia & Herzegovina - Ann Rep 05
According to the Central Bank of Bosnia & Herzegovina's Annual Report 2005, the economy continued its growth from the previous period, and in 2005 it grew at the significant, but slightly lower rate than in 2004. Such a growth is close to that recorded…
Bank of Botswana - Annual Report 2005
According to the Bank of Botswana's Annual Report 2005, inflation maintained a downward trend during the first half of 2005 until May, as the impact of the 7.5 percent devaluation in February 2004 fell out of the inflation calculation; however, it rose…
ECCB - Annual Report 2005-2006
According to the Eastern Caribbean Central Bank's Annual Report 2005-2006, while the level of inflation in the currency union remained relatively low in 2005, the rate at 4.0 per cent was up from the 2.6 per cent in 2004.
Capital flows to Central and Eastern Europe
This IMF Working Paper examines the evolution of the net external asset positions of Central and Eastern Europe (CEEC) countries over the past decade, with a strong emphasis on the composition of their international balance sheets.
Oil and growth in the Republic of Congo
This IMF Working Paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects.
Bank of England drafts first 'Dear Gordon' note
This recent article from Bloomberg presents a fictional letter to UK chancellor Gordon Brown written by Mervyn King in the future explaining why the Bank of England exceeded its inflation target by more than 1 percent.
Minutes show Blanchflower dissented on rate rise
The Bank of England's interest rate setting Monetary Policy Committee voted six-to-one to raise its key repo rate by a quarter point to 4.75 pct at its meeting on 3 August, minutes released Wednesday 16 August showed.
BoJ members called for cautious stance - minutes
Minutes released Wednesday 16 August showed some members of the Bank of Japan's policy board called for a cautious policy stance at their last meeting to avoid leading markets to think the central bank's rushing to raise interest rates.
BoE's Bean says rate move was no surprise
The inflation rate two or more years in the future matters more than the current rate for setting monetary policy, Bank of England Chief Economist Charles Bean was quoted as saying on Wednesday 16 August.
PBOC should raise rates again, says economist
A well-known Chinese economist was quoted by Xinhua News as calling for another interest rate hike as the economy pushed ahead at the fastest pace in a decade.
SBV strengthens communications, security
The State Bank of Vietnam (SBV) has selected advanced technologies from Cisco Systems to help increase operational efficiencies in its countrywide infrastructure and provide a platform to regulate the banking system.
Esca expects to gain greater authority
The Emirates Securities and Commodities Authority (Esca) will gradually execute all functions of the financial authority, Gulf News reported.