Central Banking
Stanley Fischer - Farewell Dinner Speech
SPEECH - A speech by Stanley Fischer, First Deputy Managing Director, International Monetary Fund on 29 August. Stanley Fischer is leaving the IMF after seven years.
Chile cen bank intervenes to prop up peso
CHILE - The Chilean Central Bank intervened in the currency market today, 31 August, selling millions of dollars to defend the peso for the second time this week, traders said.
World Bank to borrow gold
UK - The World Bank is set to issue its first gold bond, according to informed sources in London. The bond is aimed to attract investment from central banks, notably in emerging markets. The agents are Goldman Sachs/J. Aron, the big US investment bank (J…
ECB cuts interest rates
EUROPE - The European Central Bank has cut interest rates by a quarter of a point to 4.25%.
ECB press release - Monetary policy decisions
At today's meeting the Governing Council of the ECB took the following monetary policy decisions:
A History of the Canadian Dollar
BOOK - An extensively illustrated book tracing the intriguing story of Canada's dollar from colonial times to the present day. The book provides a lively and informative account of Canadian money from colonial times to the present.
HKMA Quarterly Bulletin (August 2001 Issue)
HONG KONG - The Hong Kong Monetary Authority (HKMA) today, 30 August, published the latest issue of its Quarterly Bulletin.
Domingo Solans - Mass media campaign
EURO - Domingo Solans: Press conference on the occasion of the unveiling of the euro banknotes and their security features. Presentation of the mass media campaign including a brief overview of the Euro 2002 Information Campaign, Frankfurt, 30 August.
Domingo Solans - Euro notes and security features
EURO - Domingo Solans: Press conference on the occasion of the unveiling of the euro banknotes and their security features. Introductory remarks on the euro banknotes and their security features, Frankfurt, 30 August.
The unveiling of euro banknotes - Duisenberg
EURO - Wim Duisenberg: Press conference on the occasion of the unveiling of the euro banknotes and their security features. Introductory statement, Frankfurt, 30 August.
Japan moves closer to recession
JAPAN - Steep falls in industrial production and retail sales in July have pushed Japan closer to official recession, figures showed on 30 August.
Countdown to euro cash
EUROPE - The European Central Bank begins its campaign today, 30 August, to persuade the 300 million citizens of the eurozone to recognise - and love - their new currency.
Pakistan savers' money at risk
PAKISTAN - About 90,000 savers in Pakistan can't get at their money temporarily as the central bank examines a merger in the sector.
Welteke - ECB focus is inflation, not growth
GERMANY - Ernst Welteke, member of the European Central Bank council, on 29 August said there were signs of a possible recovery of the euro zone's largest economy, but stressed the ECB's main task was to control inflation and not stimulate growth.
IMF to cut global forecasts
US - The IMF has cut its forecast for world economic growth this year to 2.8% from 3.2%, Reuters reported on 29 August citing unnamed sources at the international lender.
Hayami - Absolutely wrong to say BOJ OKs deflation
JAPAN - Bank of Japan Governor Masaru Hayami 29 August shot down suggestions the central bank is tolerating Japan's severe deflationary environment, Kyodo News reported.
Lithuanian c bank to set 2002-2004 guidelines
LITHUANIA - Lithuania's central bank said its board will discuss on 30 August its action plan for the next three years, but the document will not affect exchange rate policy.
Polish c bank urges speedy public finance reform
POLAND - Poland's outgoing deputy central bank head Richard Kokoszczynski on 28 August urged the government to reform public finances quickly or face disgruntled capital markets and possible delays in European Union (EU) accession.
Regulators to order banks to publicly reveal more
PHILIPPINES - The Bangko Sentral ng Pilipinas (BSP) will soon implement stricter disclosure requirements for banks as part of its thrust to promote greater transparency in the industry.
Bank of England Quarterly Bulletin - August 2001
Research - The Bank of England has published its latest Quarterly Bulletin, Volume 41, Number 3, for August 2001.
Reserve Bank of Australia - Annual Report 2001
ANNUAL REPORT - The Reserve Bank of Australia today, 29 August, released its 2001 Annual Report.
Reserve Bank of India - Annual Report 2000 - 2001
ANNUAL REPORT - The Reserve Bank of India has published its Annual Report for 2000 - 2001. The Annual Report was released on 28 August.
The Monetary Policy of the ECB
RESEARCH - The European Central Bank published 'The Monetary Policy of the European Central Bank' on 28 August.
New notes pose problems for cash machines
SPAIN - Spain's Azkoyen, one of the world's leading cigarette and vending machine producers, is already cashing in on next January's launch of euro notes and coins.