Central Banking
Bank of Spain criticised by anti-corruption office
SPAIN - The Spanish anti-corruption prosecution office has criticised the Bank of Spain for not helping it in the case affecting the private bank operation BBVA Privanza in the tax haven of Jersey.
Buba declines comment on job cuts report
GERMANY - The Bundesbank on Wednesday declined to comment on a newspaper report it would have to slash 6,000 jobs or around a third of its workforce under a reform aimed at streamlining its structure.
Austrian mint ready to recycle notes and coins
AUSTRIA - Austrian federal mint Muenze Oesterreich, a subsidiary of central bank Oesterreichische Nationalbank (ONB), is preparing to begin melting down schilling coins following the introduction of the euro on 1 January.
Speech by Kristina Persson of Sveriges Riksbank
SPEECH - Speech by Deputy Governor Kristina Persson of Sveriges Riksbank, Sweden's central bank, at the Swedish Association of Financial Analysts 30 October.
Speech by M R P Devakula, Bank of Thailand, 12 Oct
SPEECH - Opening Remarks by Governor M.R. Pridiyathorn Devakula of Thailand's central bank at Market Risk Management Techniques for the BIS Capital Regime Seminar, United Nations Conference Center, Bangkok, 12 October 2001.
NBU appoints Sharov to its int'l relations dept
UKRAINE - The National Bank of Ukraine has appointed Professor Oleksandr Sharov to replace Oleksandr Kireiev as the director of its international relations department, the National Bank of Ukraine's press service has announced.
Canadian dollar at record low
CANADA - Canada's currency fell to record lows against the US dollar on Wednesday, undermined by weak commodity prices, lower interest rates, and worries over the slowing economy.
Russian c bank lose 5 bn rubles due to staff fault
RUSSIA - The General Prosecutor's Office has completed investigation into the criminal case against Deputy Director of the main Moscow territorial division of the Central Bank, Alexander Alekseev.
Sweden's Riksbank to sell Tumba Bruk
SWEDEN - Sweden's central bank, Sveriges Riksbank, has signed a letter of intent with Crane & Co. (CR) of the U.S. regarding the sale of AB Tumba Bruk.
Japan's puzzle - Rock bottom rates, few borrowers
ARTICLE - HIROSHIMA, JAPAN - Why does Japan's economy, despite phenomenally low interest rates, keep wasting away? The answer begins in a vegetable garden near here.
Indonesia's Sabirin convicted in Bank Bali case
INDONESIA - Indonesia's central bank governor Sjahril Sabirin was yesterday, Wednesday, convicted of fraud for his role in the 1999 politically-charged Bank Bali scandal that led to the downfall of former president B J Habibie.
Riksbank's Persson - Sweden should join EMU
SWEDEN - Sweden should enter European Economic and Monetary Union to offset the risks of price swings and better align the economy with its chief export market, the Riksbank's deputy governor, Kristina Persson, said in a speech Tuesday.
Japan toughens stance on Pakistan debt
JAPAN - Japan has said it is unlikely to ease Pakistan's debt burden any further unless the Islamabad government agrees to ban nuclear weapons tests.
Bank of Japan Minutes
MINUTES - Bank of Japan, Minutes of the Monetary Policy Meeting on 18 September.
EU commission likely to propose ECB board reforms
ARTICLE - The impetus for a reform of the European Central Bank's Governing Council to prepare it for EU enlargement will almost certainly have to come from Brussels as agreement among existing ECB members will be problematic, a source close to the issue…
Philippine c bank to scrutinise money changing ops
PHILIPPINES - The Philippine central bank has said that it will closely monitor small money changing operations to plug a possible loophole in the country's new anti-money laundering legislation.
Brazil c bank to produce notes of BRR2, BRR20
BRAZIL - The central bank will launch notes in denominations of two reals and 20 reals ($1=BRR2.761) in December and next year to help save costs, O Estado de S. Paulo reported.
India rates hit lowest level since 1970s
INDIA - Interest rates in India have slid to their lowest rate for almost 30 years after the country's central bank - Reserve Bank of India (RBI) - cut interest rates by half a percentage point.
Speech by Urban Backstrom of Sweden's central bank
SPEECH - Speech by Urban Backstrom, Governor of Sveriges Riksbank, Sweden's central bank at the Swedish Shareholders' Association rebro, 30 October.
Charles Goodhart appointed to Bank of England post
NEWS RELEASE - Appointment at The Bank of England.
International Finance Discussion Papers
RESEARCH - Federal Reserve Board Working Papers, Evidence Uncovered: Long-Term Interest Rates, Monetary Policy, and the Expectations Theory by Jennifer E. Roush, October 2001.
Minutes from Federal Reserve Board meeting
PRESS RELEASE - The Federal Reserve Board on Friday released the minutes of its discount rate meetings from May 21, 2001 to September 17, 2001.
HKMA Press release on retail payment services
PRESS RELEASE - The Hong Kong Monetary Authority (HKMA) has completed a comprehensive review of retail payment services in Hong Kong ("the Review"), which was conducted by an internal task force of the HKMA set up in August 2000.
Speech by Shri Vepa Kamesam of India's Res Bank
SPEECH - Keynote address delivered by Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India at the inauguration of the 12th National Forex Assembly organised by Forex Association of India at Goa on 26 October.