Central Banking
Fundanga on the future of the Zambian economy
In the speech 'Future of the Zambian economy - a balanced look' given on 30 June Caleb M Fundanga of the Bank of Zambia said we see the future of the Zambian economy as one which is highly diversified through resuscitating the industrial base to enable…
Pakistan's Akhtar on economic outlook and prospect
In the speech 'Pakistan - economic outlook and prospects' given on 27 June Shamshad Akhtar of the State Bank of Pakistan said growth prospects for Pakistan are fairly promising.
How Greenspan gave Stevens a master class
According to this article, published Tuesday 8 August by The Australian, the elevation of Glenn Stevens to governor of the Reserve Bank of Australia barely raised a ripple on Wall Street.
A contrasting tale of two central bankers
According to the article "From Poland to Japan: a contrasting tale of two central bankers" from The Japan Times, published Monday 7 August, Poland's new leaders look set to concentrate the entire spectrum of financial supervisory powers in the prime…
SARB's Guma reappointed deputy governor
South African President Thabo Mbeki has reappointed Xolile Guma to serve as deputy governor of the central bank for another five years, the South African Reserve Bank (SARB) said on Monday 7 August.
Thailand to keep rates steady
The Bank of Thailand will probably keep its benchmark interest rate on hold for the rest of the year after borrowing costs quadrupled since August 2004, the central bank governor told Bloomberg in an interview on Monday 7 August.
Paulson to meet with Chinese officials
US Treasury Secretary Henry Paulson expects to meet Chinese economic officials sometime this fall, a Treasury spokesman said on Monday 7 August.
Bank of Uganda to manage oil revenues
According to this article published by The East African on Monday 7 August, Uganda is finalising the setting up of a Petroleum Fund to manage revenues expected from recently-discovered oil fields in the country.
Slovakia pledges 2009 for euro adoption
In an interview with the Financial Times, Slovakia's finance minister Jan Pociatek said, "It is my personal responsibility to follow the euro commitment," allaying fears that the new leftist government might delay the adoption of the single currency.
Albania's Fullani: Prevention rather than recovery
In the speech 'Prevent rather than recover' given on 24 July Ardian Fullani of the Bank of Albania said the concept of providing financial stability does not differ a lot from the logic of maintaining macroeconomic stability.
Swiss National Bank - Annual Report 2005
According to the Swiss National Bank's Annual Report 2005, at the beginning of the year, the Swiss economy showed signs of weakness.
ECB Government Finance Statistics Guide
The European Central Bank published a guide to the statistical reporting requirements of the ECB in the field of Government Finance Statistics on Friday 4 August.
Kansas Fed's Hoenig on the economic outlook
In the speech 'The economic outlook and monetary policy: Challenges in the period ahead' given on 19 July Thomas Hoenig of the Federal Reserve Bank of Kansas City said monetary policy is "somewhat restrictive".
NY Fed's Rutledge on on compliance
In the speech 'Supervisory perspectives on compliance for international banks operating in the United States' given on 25 July William Rutledge of the Federal Reserve Bank of New York examines the challenges that globalization, financial innovation and…
Managing China's forex reserves
This article from The Star Online, published Friday 4 August, looks at the appropriate level for China's increasing foreign exchange reserves which will soon hit the US$1 trillion mark.
Guru with the keys to the kingdom
In a recent interview with The Banker magazine, Dr YV Reddy, governor of the Reserve Bank of India, says he is "not necessarily looking for a dramatic shift" in the "dynamic mix" that currently makes up the banking sector in India.
Central banker has big boots to fill
According to this article, published Saturday 5 August by The Age, the man who will replace Ian Macfarlane at the Reserve Bank of Australia will have a tough time.
ECB's Liebscher says ECB may raise rates higher
European Central Bank council member Klaus Liebscher was quoted on Monday 7 August as saying in an interview that the eurozone central bank is ready to raise interest rates further.
PBOC's Wu says yuan appreciation not certain
The economy faces considerable uncertainty so appreciation of the yuan is not inevitable, the Shanghai Securities News quoted a deputy governor of the People's Bank of China as saying.
Li Yang says China shouldn't follow US
China should not follow in the footsteps of the United States by starting a cycle of interest rate rises, former central bank adviser Li Yang said in an article published on Monday 7 August.
ECB's Bini Smaghi sees further policy tightening
European Central Bank executive committee member Lorenzo Bini Smaghi said in an interview published Sunday 6 August that he sees further increases in euro zone interest rates in the next months.
Zimbabwe's Gono facing intimidation
A fire has swept through maize crops at a farm belonging to Zimbabwe's central bank chief Gideon Gono, with suspicion it was arson.
Sveriges Riksbank - Annual Report 2005
According to the Sveriges Riksbank's Annual Report 2005, the economic growth rate in Sweden was 2.4 per cent, according to the Riksbank's most recent estimates.
New York Fed's Foreign Exchange Operations Report
According to the Federal Reserve Bank of New York's Treasury and Federal Reserve Foreign Exchange Operations quarterly report for April-June 2006, published 3 August, the U.S. monetary authorities did not intervene in the foreign exchange markets during…