Central Banking
Kuwait audit urged to verify 1999 CB cash dealings
KUWAIT - The parliamentary committee probing the Central Bank transactions during the period between 1 May and 31 July, 1999 met Tuesday with officials of the auditing office. The purpose of the meeting was to get familiar with the work mechanism to be…
National Bank of Slovakia - Annual Report 2001
ANNUAL REPORT - The National Bank of Slovakia has published its Annual Report for the year ended 2001.
Nat Bank of Kyrgyz Republic - Annual Report 2001
ANNUAL REPORT - The National Bank of the Kyrgyz Republic has published its Annual Report for the year ended 2001.
Council of Financial Regulators Annual Report 2001
ANNUAL REPORT - Reserve Bank of Australia, Council of Financial Regulators Annual Report 2001, published 30 July.
Bank of Japan Discussion Paper Series
RESEARCH - Japan's Negative Risk Premium in Interest Rates: The Liquidity Trap and Fall in Bank Lending, Rishi Goyal and Ronald McKinnon, July 2002.
IMF News Brief
NEWS BRIEF - IMF Managing Director Kohler Welcomes Independent Advisors' Report on Argentina, 29 July.
Economic and Financial Issues facing Argentina
NEWS BRIEF - Report to the Government of Argentina and the International Monetary Fund by a Panel of Independent Advisers, 29 July.
IMF News Brief
NEWS BRIEF - Statement by IMF Managing Director Horst Kohler on the Death of Rudiger Dornbusch, 29 July.
Poland moves closer to the euro
POLAND - The National Bank of Poland (NBP) and Finance Ministry officials have begun to prepare a long-term strategy on adopting the euro, a senior central bank official has said.
Argentine minister welcomes report
ARGENTINA - Economy Minister Roberto Lavagna said he welcomed the backing of a group of international experts for Argentina's strategy in dealing with its crushing recession.
Bank of Israel governor leaves rate unchanged
ISRAEL - Key lending rates will remain unchanged at 9.1 percent in August, Bank of Israel governor David Klein announced Monday afternoon.
RBI's Jalan says drought not to affect liquidity
INDIA - Reserve Bank of India Governor Bimal Jalan on Monday said the prevailing drought condition in the country would not have any impact on the liquidity or monetary situation.
Mexican economy 'set for strong recovery'
MEXICO - Mexico's central bank governor said Monday the bank had set an inflation target of 3 per cent for next year and predicted a strong recovery for the country's economy.
Ugandan central bank plans for Shs50,000 note
UGANDA - As Bank of Uganda plans to release the Shs 50,000, it's warning that people should not ask for the large denomination unless they are handling huge sums of money to warrant its use.
Kuwait's c bank probe panel await gov't replies
KUWAIT - The parliamentary committee probing the Central Bank transactions during 1999 elections met Monday with the Minister of Information and Acting Minister of Oil, Sheikh Ahmad Al-Fahd and also the Deputy Prime Minister and Minister of Interior and…
Obituary for Rudiger Dornbusch
OBITUARY - Rudiger Dornbusch, always known as Rudi, died last week at the age of 60. He was one of the most inspirational and innovative academic economists of his generation.
Speech by Fed Reserve Governor Mark Olson, 26 July
SPEECH - In the speech titled 'Economic change in rural America' Olson said that the relatively mild recession suffered by the U.S. last year suggests the recovery won't be all that spectacular. "It is clear we are in a recovery period, but it's also…
Bank of England Working Paper
RESEARCH - On gross worker flows in the United Kingdom: evidence from the Labour Force Survey, by Brian Bell and James Smith.
Speech by Anne Krueger, Dep MD of the IMF, 17 July
SPEECH - In a speech titled 'Crisis Prevention and Resolution: Lessons from Argentina' Krueger said "We have seen some welcome progress in key policy areas, including satisfactory amendments to the insolvency law and the repeal of the economic subversion…
IMF News Brief
NEWS BRIEF - Statement by Kenneth Rogoff on the Death of Rudiger Dornbusch, 26 July.
Fed's Olson - US in recovery but it will be slow
US - The United States is clearly in a recovery but the rebound from last year's brief recession is likely to be slow, Federal Reserve governor Mark Olson said on Friday.
SEC chairman Pitt asks for promotion
US - U.S. Securities and Exchange Commission chairman Harvey Pitt, again exhibiting a flair for the political miscue, was under attack 24 July, reports Reuters, for seeking a promotion and a pay raise.
New governor chosen for Uruguay's central bank
URUGUAY - Ruling coalition Senator Alejandro Atchugarry has assumed the post of economy minister and economist Julio De Brun has been chosen to head the central bank. The former economy minister and central bank president resigned citing lack of…
President Mugabe hits out at devaluation advocates
ZIMBABWE - President Robert Mugabe publicly hit out at his Finance Minister Simba Makoni last week, branding him an economic saboteur. He also contradicted Reserve Bank of Zimbabwe governor Leonard Tsumba as cracks within the government widened.