Central Banking
UAE central bank to upgrade UAESWITCH
The UAE Central Bank has announced the signing of a contract with S2 Systems to upgrade the UAESWITCH system.
Central bank officials criticise Israel's Klein
A report claims that the Bank of Israel has been shaken recently by an internal crisis which saw governor David Klein presented with a growing list of complaints from department heads.
Uganda's central bank suffers unprecedented loss
The central bank of Uganda says it made a loss of Shs 7.7 billion in the year to June 30 2003 as a result of low returns from its investments abroad.
Bank Negara unveils new anti-copy notes
Bank Negara Malaysia has unveiled its new RM10 notes which contain an anti-copy security feature in the form of a holographic strip on the front.
Eurozone inflation rate falls in December
The annual inflation rate for the 12-nation eurozone fell to 2.1 per cent in December from 2.2 per cent the previous month, according to an initial estimate by Eurostat data agency released on Monday 5 January.
Italy plans new financial regulator
Italian finance minister Giulio Tremonti has said he wants a new financial regulator which will have authority over whole spectrum of financial services to reduce risks of another Parmalat-type scandal.
Peter Nicholl on progress and partnerhip in BiH
Peter Nicholl, governor of the Central Bank of Bosnia and Herzegovina talks about progress and partnership in the Bosnia and Herzegovina economy at the second annual business conference held in London.
Roth on the Swiss economy and monetary policy
Jean-Pierre Roth, Chairman of the Governing Board of the Swiss National Bank discussed economic activity and monetary policy in his introductory remarks at the end-of-year media news conference held in Zurich.
Knight gives observations of market discipline
Malcolm D.Knight, General Manager of the Bank of International Settlements (BIS), delivered a speech giving his three observations on market discipline at the BIS-Federal Reserve Bank of Chicago Conference on market discipline.
Mosul Central Bank rebuilding begins
Work has begun to rebuild Mosul Central Bank, destroyed in the Iraq war.
ECB recieves a letter bomb
A letter bomb sent to Jean-Claude Trichet, president of the European Central Bank has been discovered in the ECB mail room. An Italian anarchist group is suspected of sending it.
Former deputy governor of BoE knighted
David Clementi, former deputy governor of the Bank of England has been awarded a knighthood on the New Year honours list.
Greenspan congratulated for good year's work
Alan Greenspan, chairman of the Federal Reserve and his colleagues havebeen praised for their work in 2003 by private economists in a survey.
BoE in court over handling of BCCI
The Bank of England finds itself in court over its handling of the Bank of Credit and Commerce International, which collapsed in 1991. But journalists should think twice before waxing self-righteous and indignant.
Bank of England falls prey to e-mail hoax
Hundreds of thousands of hoax e-mails have bounced back to the Bank of England. The e-mail asks recipients to download an attachment confirmed to hold a virus.
Russia's new attack on money-laundering
The Central Bank of the Russian Federation is working on an 'early warning system' against money-laundering.
Drink-driving Duisenberg faces fine
Wim Duisenberg, the former president of the European Central Bank, tested two times over the legal limit when stopped by Amsterdam police for a breathalyser test. He is now due to appear in court.
RBA reseach paper on the Phillips curve
The Reserve bank of Australia has issued a research discussion paper on the real-time forecasting performance of the Phillips curve.
Greenspan on widened trade deficit
Alan Greenspan, chairman of the Federal Reserve talks before the World Affairs Council of greater Dallas about the wider trade deficit of recent years, in the context of a prolonged bout of job loss in the United States.
Europe and the dollar
If the dollar retreat of 2003 turns into the rout of 2004, what will be the options facing policy makers? Soundings among Europe's senior central bankers suggest American officials are making a big mistake if they assume that in a dollar crisis they will…
China hints at looser dollar peg
China's central bank new description of its exchange rate policy hints at plans to allow greater movement against the US dollar.
Interview with Mexico's Ortiz
Guillermo Ortiz, the governor of Mexico's central bank, has warned that the failure to introduce needed reforms will limit economic recover.
Predicting euro-area recessions
This ECB working paper looks at the informational content of the slope of theyield curve as a predictor of recessions in the euro area.
Duisenberg at a discount
Despite a splendid send-off in October, including a blizzard of awards from European countries, the image of Wim Duisenberg, the former president of the ECB, is starting to fade, CentralBankNet can exclusively reveal.