Central Banking
New currency expected soon to replace the Afghani
AFGHANISTAN - A new Afghan currency printed in Germany and resembling the Euro is being introduced shortly to replace the almost valueless Afghani, reported Gulf News on Monday.
Ireland's central bank staff win euro bonus
IRELAND - Employees at Ireland's Central Bank have won a £1,300 bonus for working during the change-over to the common European currency last New Year's day.
Report suggests Argentina's Pignanelli may stay on
ARGENTINA - Argentina's central bank chairman Aldo Pignanelli has decided not to resign despite his strong differences with Economy minister Roberto Lavagna, Argentine daily Clarin reported, quoting spokespersons from the central bank.
Russian c bank adopts looser rules for for ex sale
RUSSIA - At its session on Friday, the Russian Central Bank's board of directors agreed to liberalise the obligatory sale of foreign currency revenues by exporters, the bank's PR department reported.
Bank Italia to out source some activities
ITALY - Italian central bank Bank Italia has decided to authorise the outsourcing of over-the-counter banking activities. Banks may use their own branches or call in outside firms specialising in call centre management.
Spanish yet to return 2.4bn euros worth of pesetas
SPAIN - 2.4bn euros in notes and coins is yet to be changed into euros, according to Spain's central bank.
South African Reserve Bank Media Release
MEDIA RELEASE - Mr Tito Mboweni, the South African Reserve Bank Governor, launches the Johannesburg World Summit Coin series, 22 August.
Central Bank of Lesotho - Annual Report 2000
ANNUAL REPORT - The Central Bank of Lesotho has published its Annual Report for the year ended 2000.
National Bank of Moldova - Annual Report 2001
ANNUAL REPORT - The National Bank of Moldova has published its Annual Report for the year ended 2001.
CentralBankNet will resume normal service Tuesday
Monday 26 August is a bank holiday in the UK.
CentralBankNet will resume normal service Tuesday
Monday 26 August is a bank holiday in the UK.
National Bank of Yugoslavia - Annual Report 2000
ANNUAL REPORT - The National Bank of Yugoslavia has published its Annual Report for the year ended 2000.
Bank of Albania - Annual Report 2000
ANNUAL REPORT - The Bank of Albania has published its Annual Report for the year ended 2000.
National Bank of Azerbaijan - Annual Report 2001
ANNUAL REPORT - The National Bank of Azerbaijan has published its Annual Report for the year ended 2001.
National Bank of Belarus - Annual Report 1999
ANNUAL REPORT - The National Bank of Belarus has published its Annual Report for the year ended 1999.
Central Bank of Bolivia - Annual Report 2001
ANNUAL REPORT - The Central Bank of Bolivia has published its Annual Report for the year ended 2001.
Central Bank of Bosnia - Annual Report 2001
ANNUAL REPORT - The Central Bank of Bosnia Herzegovina has published its Annual Report for the year ended 2001.
Speech by Malcolm Edey of the RBA, 22 Aug
SPEECH - In the speech 'The Global Economic Scene' Edey said it was wrong of anyone to suggest that the global economy was going backwards. Assistant Governor Edey also said that "given the supportive policy settings in place around the world, it would…
Speech by A Santomero of Philadelphia Fed, 21 Aug
SPEECH - In a speech 'Economic Outlook for the U.S. & Berks County' given on Wednesday Santomero said that the Fed's current policy stance was appropriate and that the economic recovery should move forward even though it had been more modest than…
Speech by M Moskow, President, Chicago Fed, 21 Aug
SPEECH - Moskow said in a speech titled 'Economic Outlook' that "the Fed cannot - and should not - try to smooth out every bump," and warned that the path back to the economy's potential growth rate could be rocky. Moskow, who is not a voting member of…
RBA's Edey Confidence crisis no threat to recovery
AUSTRALIA - Fears that the global economic recovery has stalled have been overplayed, with Japan, the rest of Asia, and the United States growing steadily despite the crisis of confidence in stockmarkets, the Reserve Bank said yesterday.
Union threatens Bank of Spain over branch closure
SPAIN - UGT, the Spanish union, has threatened to take the Bank of Spain to court and sue over the plan to close 30 branches of the central bank.
Yugoslav bank chief rejects Montenegrin proposal
YUGOSLAVIA - Yugoslav National (central) Bank (NBY) Governor Mladjan Dinkic said on Wednesday that the proposal by the Montenegrin central bank governor regarding payments operations with Serbia was a step backwards from the earlier NBY proposal for…
Central bank reports Venezuelan economy shrinking
VENEZUELA - Venezuela's economy contracted 9.9 percent in the second quarter compared with a year earlier, as a slide in its vital oil production eroded growth, according to the central bank.