Central Banking
Bank of Israel publishes minutes
The Bank of Israel said on Monday 8 May it will publish the minutes of meetings in which interest rates are fixed each month from now on.
Bush sees no credibility problem for Bernanke
US President George Bush said in an interview on Friday 5 May that new Federal Reserve chairman Ben Bernanke did not have a credibility problem.
Bangladesh Bank can do more on financial stability
The Bangladesh Bank should play its role as a facilitator to all the scheduled banks to overcome any sort of problem they are facing, this opinion piece published Tuesday 9 May says.
Richmond Fed names new first vice president
Sally Green was named first vice president and chief operating officer of the Federal Reserve Bank of Richmond on Tuesday 9 May, and will oversee the financial services and support areas of the Fifth District operations as of 1 August.
Japan discovers misprints in yen notes
Japan's high-tech money-printing bureau was embarrassed on Tuesday 9 May when 39,500 bills were found to be misprinted.
Comment: Weber reveals his monetary policy stance
Axel Weber set out his thinking on the role of monetary policy and interest rates in three recent speeches. This article explores his views.
El-Erian on global imbalances
Mohamed El-Erian discusses how a re-focused Fund can now tackle the big issues facing the global economy
Central banks should close the governance gap
Central banks seem reluctant to adopt private-sector “best practice” in governance, but there are benefits in doing so says Jeremy Foster
Bank of Botswana - Annual Report 2004
According to the Bank of Botswana's Annual Report 2004, in 2003/04 real gross domestic product (GDP) grew by a provisional 5.7 percent, lower than the revised 7.8 percent growth in 2002/03.
Kansas Fed's Payments system research briefing
The Kansas City Fed's Payments system research briefing for May 2006, examines the potential for fraud associated with various "traditional" payment methods and the protective measures that consumers should take when using them.
U.K. inflation targeting and the exchange rate
This St Louis Fed Working Paper, published May 2006, considers whether it is welfare-reducing to target inflation in the CPI rather than in a narrower index.
Joint Forum paper on liquidity risk management
The Joint Forum on Wednesday 3 May released a paper on funding liquidity risk management practices in use by conglomerates engaged in banking, securities and insurance activities.
G10 central bankers wary of inflation
Central bank chiefs from leading industrialised and developing countries called on Monday 8 May for "very special attention" to guard against ongoing global economic growth from becoming inflationary.
HKMA's Yam rejects calls to dump dollar peg
The Hong Kong Monetary Authority has said it would resist pressure to re-peg the Hong Kong dollar away from the U.S. dollar and onto the Chinese yuan.
PBOC trying to cool overheating sectors
The People's Bank of China is seeking to cool overheating economic sectors such as real estate as well as cut its huge foreign exchange reserves, a senior Chinese government official said.
Comment:Government debt offices gear up for change
Government debt offices play a vital role in managing the cost and risk of government borrowing and in the development of the domestic financial system, but they are frequently overlooked. A recent survey looks at the trends towards concentrated…
Asia is getting ready to dump the dollar peg
According to this article published Monday 8 May, even as they continue to pile up U.S. debt in their foreign exchange reserves to keep their currencies stable against the dollar, Asian nations are preparing for a scenario where the dollar collapses…
Philippines, Japan sign currency swap
The Philippine central bank and the Bank of Japan have signed a currency swap arrangement letting both countries draw from each other's foreign reserves for any "immediate need".
Why the dollar is set to plunge
The fundamental reason for the dollar's weakness has become greater since it enjoyed a modest revival from the end of 2004, according to this article published Monday 8 May.
Qatar appoints central bank chief
Qatar appointed a member of its ruling family to the position of head of the central bank on Sunday 7 May, according to the AME Info website.
Angola swears in deputy governors
The Angolan Head of State, Jose Eduardo dos Santos swore in last Wednesday 3 May in Luanda two deputy governors of the National Bank of Angola (BNA).
Bank of Israel names new deputy governor
Bank of Israel governor Stanley Fischer has named Tel Aviv University economics professor Zvi Eckstein for the position of deputy governor, Haaretz reported.
Central Bank of Bosnia - Annual Report 2004
According to the Central Bank of Bosnia and Herzegovina's Annual Report 2004, the BH economy has continued its growth from the previous period and during 2004 it had a higher growth rate than it had in 2003. Real growth is close to the growth of the…
Weber on forecasting in eurosystem central banks
In the speech 'Forecasting in eurosystem central banks - Overview and challenges' given on 5 May Axel Weber of the Bundesbank said the European Central Bank's economic forecasts will be based on market expectations for interest rates in future, rather…