Central Banking
Brazil c bank says report figures are "incorrect"
BRAZIL - Brazil reacted quickly to a Standard & Poor's report released this week, which warned of the growing risk of Brazil and stated that the government needs US$80 billion to finance its balance of payments in 2002.
ECB Press Release
PRESS RELEASE - Euro banknotes to be produced until 31 December 2001.
BOJ faces pressure to take more radical steps
JAPAN - The Bank of Japan's Policy Board will come under intense pressure this week to take more radical actions in countering what many fear is the growing threat of a deflationary spiral in the economy.
RBI won't cut rate till gov't change policy-report
INDIA - The Reserve Bank of India is unlikely to cut the key bank rate unless the government implements some reforms on its policy on administered interest rates, ICICI Securities & Finance said Thursday 4 October.
Speech by Dr. Reddy Dep Gov, Reserve Bank of India
SPEECH - The Second Foundation Day Lecture by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India, at Indian Institute of Management at Indore on 3 October. Speech title, Autonomy of the Central Bank: Changing Contours in India.
Central banks autonomy under global pressure
INDIA - Even though central banks may gain independence from their respective Governments, they may tend to be circumscribed by the compulsions of the international financial community, according to Dr Y.V. Reddy, Deputy Governor, Reserve Bank of India.
'No prior talks' on emergency interest rate cuts
UK - The world-wide cuts in interest rates in the wake of the terror attacks on New York and Washington was not coordinated in advance, according to a prominent former member of the Bank of England's policy-making Monetary Policy Committee.
Many Britons ignorant of Euro
ARTICLE - Captain Euro is the Euro's friendly-face, an animated character who, with his band of merry men and women, are here to educate people about Europe and its new currency.
Federal Reserve Board FOMC Meeting minutes
MINUTES - Minutes of the Federal Open Market Committee, 21 August.
Fed met on rates twice in wake of attacks
US - The U.S. Federal Reserve's Open Market Committee held two telephone conferences in the aftermath of the 11 September attacks in New York and Washington, agreeing unanimously on 17 September to cut interest rates sharply, according to minutes…
Being less than temperate with economic forecasts
ARTICLE - Letter published in London edition of the Financial Times on 5 October.
€ EURO - Portugal to use big value notes
PORTUGAL - Portugal has changed its mind about not circulating the two highest denomination euro banknotes and now plans to distribute a small number of Euros 500 ( £310) and Euros 200 notes.
€ EURO - Greek kiosks in the front line
GREECE - The owners of Greece's 15,000 kiosks say they want help from the government to prepare for the launch of the euro.
€ EURO - Most ATMs stand ready
BELGIUM - Five in six automated teller machines (ATMs) in the eurozone will provide euro notes from January 1, the first day of the single currency, a survey by the European Commission has found.
€ EURO - Smaller groups less prepared
BELGIUM - One in five small and medium sized businesses in the eurozone say they will not be able to operate entirely in euros on January 1, the first day of the new currency, according to a European Commission study.
€ EURO - Franc to go out with a bang
FRANCE - A trick question for euro-specialists: when is a franc worth Euros 34, not Euros 0.15?
Brazil inflation slows sharply
BRAZIL - Brazil's inflation in September slowed considerably over previous months but is still expected to exceed the upper limit of the government's year-end target of 6 per cent.
Bank for International Settlements
RESEARCH - BIS Papers No. 5 - The changing shape of fixed income markets: a collection of studies by central bank economists.
Customer due diligence for banks
RESEARCH - Basel Committee Publications No. 85, October 2001, customer due diligence for banks.
Unattended bag sparks bomb scare at MAS Building
SINGAPORE - It was not business as usual down at the MAS Building in Shenton Way after an apparent bomb scare led to parts of the building being cordoned off.
Bank of France printing employees strike to 5 Oct
FRANCE - On October 3 printing employees at the Bank of France at Chamalieres (Puy-de-Dome), on strike for three weeks, unanimously decided to continue action until 5 October.
Speech by David Dodge, Governor of Bank of Canada
SPEECH - Remarks by David Dodge, Governor of the Bank of Canada on Current Developments in the Canadian Economy, 21 September.
Reserve Bank of New Zealand - Annual Report 2001
ANNUAL REPORT - The Reserve Bank of New Zealand today, 4 October, published its Annual Report for 2001.
Bank of England cuts interest rates, quarter point
UK - The Bank of England has cut UK interest rates by a further quarter point as it tries to stem the economic turbulence triggered by last month's terror attacks.