Central Banking
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.
Central Bank of Aruba - Annual Report 2005
According to the Central Bank of Aruba's Annual Report 2005, the Aruban economy expanded for the third consecutive year in 2005, albeit at a slower pace than in the previous year.
Bank of Japan Monthly Report, August 2006
The Bank of Japan published the English version of its August 2006 monthly report on Tuesday 15 August. In the report the BOJ maintained its upbeat assessment of the nation's economy, citing brisk capital investment and a pickup in private consumption.
IMF paper on debt in emerging market crises
The IMF Working Paper "The level and composition of public sector debt in emerging market crises" examines the evolution of public sector debt levels and structures in 12 emerging market countries around the time of financial crises.
Lucas critique & the stability of empirical models
This Federal Reserve Bank of Richmond Working Paper, published 14 August, re-considers the empirical relevance of the Lucas critique using a DSGE sticky price model in which a weak central bank response to inflation generates equilibrium indeterminacy.
Draghi hauls tarnished central bank into a new era
According to this article published Sunday 13 August by the Financial Times, Mario Draghi's goals at the Bank of Italy will be more openness, accountability and efficiency.
BIS' Knight to join Nobel Laureate Meetings
The General Manager of the Bank for International Settlement in Basel, Dr. Malcolm Knight, is to become a new member of the Honorary Senate of the Foundation of Nobel Laureate Meetings in Lindau, Germany, the Council for the Lindau Nobel Laureate…
Central Bank of Belize - Annual Report 2005
According to the Central Bank of Belize's Annual Report 2005, GDP grew by 3.1% in 2005 as the policy environment tightened somewhat in an effort to reduce pressure on the international reserves.
African central bank governors meet in Namibia
Central bank governors from across Africa have converged on Windhoek to participate in the Assembly of African Central Bank Governors (AACB) conference taking place this week.
Bermuda Monetary Authority - Annual Report 2005
According to the Bermuda Monetary Authority's Annual Report 2005, during 2005, the Authority continued to maintain effective and proactive supervision of Bermuda's regulated financial sectors.