Central Banking
BIS tests stablecoins in its first retail CBDC project
Project Aurum with HKMA also explored a token model
Ukrainian ex-governor accuses authorities of abuse of power
Shevchenko says he was not given time to prepare case before court issued arrest warrant
Last-minute moves shake up IDB race
Mexico replaces candidate, Argentina joins race
Peru continues gradual policy tightening
Central bank hikes rates by 25bp and forecasts inflation will reach target level by mid-2023
Bank of Mexico takes rates to 10%
Banxico board follows Fed again, but hints tightening cycle may slow down
Serbia hikes for eighth consecutive month
Inflation is nearing peak and “slowdown was sharper than expected”, board says
RBNZ review says monetary tightening could have started earlier
Review endorses RBNZ’s pandemic measures, and calls for more attention to supply shocks
ECB eases securities lending limits to address collateral shortage
Governing council aims to provide “backstop for the euro area repo markets”
Project shows blockchain making FX trades faster and safer – NY Fed
Tests by NY Fed and BIS settles FX spot trades in less than 15 seconds
Banknotes: RBA consults over putting King Charles on currency
Qatar issues World Cup commemorative currency, and Laos brings out upgraded banknotes
Romania continues tightening cycle at slower pace
NBR forecasts inflation will stay in double-digit range until first half of 2024
PBoC increases aid for troubled real estate sector
Latest measure expands bond scheme to $34.5 billion and offers developers help with debt issuance
Riksbank calls for housing and tax reforms to reduce financial risks
Financial system faces risks from highly indebted households and real estate firms, report says
Nicaragua raises policy rate for sixth time this year
Country’s economy has recovered from long recession, but inflation remains high
Fed’s stability report warns over global tightening and stablecoins
Stablecoins face possible runs while strong dollar poses EM risks, Fed says
Vietnam’s central bank tells banks to lend to fuel companies
Mounting crisis sees petrol stations running out of fuel as oil and gasoline firms struggle to secure loans
Canadian governor shrugs off attacks by opposition politicians
Official opposition leader has pledged to fire Macklem as trade union boss also criticises central bank
Bank of Israel reserves increase by almost $3 billion in October
Asset revaluations boost the institution’s portfolio to almost $189 billion
Former Lesotho governor becomes finance minister
Matlanyane entered electoral politics after leaving central bank in 2021
Orr gets second term as RBNZ governor
Government praises Orr's record, but opposition party says it is “appalled”
Fed might make smaller rate hikes, says Susan Collins
Boston Fed president hopes FOMC can cut inflation with “relatively modest” unemployment
Nigerian governor says new banknotes will lessen cash hoarding
Governor says 85% of notes are outside banking system as finance minister criticises move
Vietnamese governor tries to calm fears over banks
Nguyen Thi Hong says banks face liquidity bottlenecks and falling currency is causing pressure
Albanian governor says latest increase brings rates to neutral level
Gent Sejko forecasts inflation will not reach central bank’s target until second quarter of 2024