Central Banking
Speech by Cathy Minehan, Boston Fed Bank President
SPEECH - In this speech Cathy Minehan says that "The American economy has had to absorb some extraordinary shocks over the past year or more. It has done so in remarkable fashion, even in the wake of the tragedy of September 11".
IMF Working Paper Series
RESEARCH - A Model of the Joint Distribution of Banking and Exchange-Rate Crises by Robert Flood and Nancy Marion of the Research Department of the International Monetary Fund, 10 January 2002.
IMF Press Briefing on Argentina
PRESS BRIEFING - Transcript of a Press Briefing (Teleconference) on Argentina given by Anne O. Krueger, First Deputy Managing Director, International Monetary Fund, Washington, D.C. 11 January 2002.
Speech by Eva Srejber of Sveriges Riksbank
SPEECH - Speech by Second Deputy Governor of the Sveriges Riksbank Eva Srejber at the Annual meeting of the Swedish Association of Municipal Housing Companies (SABO), 8 January 2002.
Argentina lashes out at IMF
ARGENTINA - The interim government in Argentina has criticised the International Monetary Fund and asked it to let them get on with trying to dig the country out of its economic crisis.
Minehan - Data suggest slowdown bottoming out
US - Federal Reserve Bank of Boston President Cathy Minehan said Friday that the U.S. economy slowdown appears to be reaching its end and that recovery may be in sight.
Greenspan sees risks in path to recovery
US - In his first speech on the economy in months, Federal Reserve Chairman Alan Greenspan sounded considerably more cautious about recovery prospects than private forecasters and even fellow Fed policy makers.
Pakistan central bank governor announces new plan
PAKISTAN - As of 1 July, 2002, all non-banking financial services in Pakistan, such as investment and corporate advisory service; leasing, housing finance and venture capital companies and discount houses, will be regulated by the Securities and Exchange…
Gov't intends changes to Poland's MPC and c bank
POLAND - Poland's ruling coalition, a tripartite of social democrats, agrarians and labor, followed a Wednesday no-decision from Poland's Monetary Policy Council on rates with plans to force monetary loosening on the Council through legislation.
Reserve Bank liberalises money changing in India
INDIA - The central Indian bank, the Reserve Bank of India (RBI), has liberalised money changing facilities.
Euros become majority currency in Ireland
IRELAND - The amount of euros in circulation has for the first time surpassed the amount of pounds in circulation, according to latest figures from the Central Bank of Ireland. At close of business on Thursday, the Central Bank had issued 148 million…
Vice governor appointed to Slovak central bank
SLOVAKIA - Tatra Banka board member Ivan Sramko was appointed a new central bank (NBS) vice-governor by Slovak President Rudolf Schuster in Bratislava on Friday.
Bahrain host meeting of Islamic money market group
BAHRAIN - Board members of the planned International Islamic Financial Market are to hold their first meeting in Bahrain on Tuesday to discuss steps to set up the market, Bahrain's central bank said on Monday.
International bankruptcy scheme 'easy to set up'
UK - An international bankruptcy procedure for governments could be set up quickly and easily while protecting key public services from creditors, according to a report from a leading campaign group.
Banknote and Coin Circulation Figures - Ireland
PRESS RELEASE - Banknote and Coin Circulation Figures, 8 January 2002.
Speech by Svein Gjedrem Governor of Norges Bank
SPEECH - Address given by Norway's Central Bank Governor Svein Gjedrem at a conference hosted by the Federation of Norwegian Agricultural Cooperatives,Trondheim, 11 January 2002.
Speech by Lars Heikensten of Sweden's central bank
SPEECH - Speech by First Deputy Governor of Sweden's central bank Lars Heikensten at the Church of Sweden seminar in Rattvik: "If the World Bank were directed by Jesus Christ ...", 3 January 2002.
ECB Press Release
PRESS RELEASE - Update on the euro cash changeover, 11 January 2002.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan at the Ninth Annual Economic Development Summit, The Greenlining Institute, Oakland, California, 10 January 2002.
Argentina's peso trades again
ARGENTINA - After three weeks which have seen Argentina default on its debts, four presidents come and go, and rioting spread in the streets, the country's currency markets are again open for business.
Yen's fall risks Malaysia devaluation
MALAYSIA - Malaysia's Prime Minister Mahathir Mohamad has said his country may be forced to devalue the ringgit, if the Japanese yen continues to decline in value.
Greenspan: non-discrimination good for business
US - Federal Reserve Chairman Alan Greenspan said on Thursday that discrimination in lending and other aspects of financial life simply makes for bad business.
Reserves up by $200m
RUSSIA - Russia's gold and foreign exchange reserves rose by $200 million to $36.7b in the week to 4 January 2002, up from $36.5b on 28 December 2001.
Poole - Job losses can rise after recovery starts
US - Recent economic data suggest that the U.S. economy has already seen the worst of the current recession, though the data show little sign about the timing and strength of an economic recovery, Federal Reserve Bank of St. Louis President William Poole…