Central Banking
Wahid wants new Bank Indonesia board of governors
Indonesia's president Abdurrahman Wahid said Friday he has asked parliament to appoint a new board of governors for Bank Indonesia before the government injects fresh capital to the nation's central bank.
Central bank governors of FRY meet in Slovenia
Governor of the Bank of Slovenia France Arhar will participate in a meeting of central bank governors of the former Yugoslav republics in Sarajevo on Friday, the Bank of Slovenia announced.
Estonian bank sector Oct capital adequacy 13.7 pct
The Estonian central bank said on Friday the average capital adequacy ratio in the banking sector at the end of October stood at 13.7 percent, down from 14.1 percent at the end of August.
Riksbank's Heikensten sees inflation pressure
Swedish central bank first deputy governor Lars Heikensten said inflationary pressure in the country is growing and the central bank may have to raise interest rates as a result.
Venezuela reserves at highest for almost 3 years
During the last week, Venezuela's international reserves rose by 59m dollars to reach 17.34bn dollars, the central bank announced.
Svein Gjedrem: Norwegian monetary policy
At a conference held in Copenhagen on 17 November 2000, Mr Svein Gjedrem, governor of the Norges Bank, gives a speech on Norwegian monetary policy. Mr Svein Gjedrem discusses the relationship between the special structure of the Norwegian economy and…
Launch of Reserve Bank of Fiji website
The Reserve Bank of Fiji has launched its website at http://www.reservebank.gov.fj
SARB maintains monetary stance
South African Reserve Bank Governor Tito Mboweni Thursday said the central bank's current monetary policy stance would be maintained. This in line with most economists' expectations that interest rates would remain unchanged at the bank's six-weekly…
Philippine interest rates to fall by year end
Philippine central bank governor Rafael Buenaventura said on Thursday the bank planned to lower its key overnight rates before the end of 2000 given signs that inflation and the peso had begun to stabilise.
Pakistan might adopt Islamic banking gradually
Pakistan may try to convert gradually to a full Islamic banking system rather than make a sudden transformation by the middle of next year - the Supreme Court's deadline to end all interest driven transactions, which are considered contrary to Islam -…
Brazil's Fraga confident in Argentina's recovery
Brazil's central bank chief Arminio Fraga said Thursday he is confident that neighboring Argentina will leave its economic woes behind although there will be no "instant miracle."
ECB to publish its economic forecasts
The European Central Bank has decided to publish its internal economic forecasts for the euro-zone to improve the markets's understanding of its monetary policy and dispel criticism of excessive secrecy.
Korea's foreign exchange reserves jump to new high
Korea's foreign exchange reserves rose to a new high of $93.38 billion, Nov. 15, up $680 million from the end of October, the Bank of Korea said yesterday.
Govt fails to reach crucial deal with central bank
The Indonesia government failed on Thursday to reach a final agreement on a plan to recapitalise the central bank.
Chen: China is a black hole for Taiwan's economy
The economic development in mainland China is a 'black hole' for Taiwan's economy which could drain out all of the capital resources on the island, deputy central bank governor Chen Shih-meng warned Wednesday.
Central Bank of Cuba is 50 years old
Today was the final day of celebrations of the 50th anniversary of the Central Bank of Cuba. The ceremony was held in the centrally located Melia Cohiba Hotel and was attended by 160 officials from 122 central banks and financial organisations from 70…
T K Alweendo: Prospects for growth in Namibia
Today Mr T K Alweendo, governor of the Bank of Namibia, gives his annual lecture, held in Windhoek. This year's subject matter is growth and employment or unemployment, depending whether you are anoptimist or a pessimist, joked the governor in his…
Women in central banking
In continuation of Centralbanknet's survey of prominent female central bankers, we would like to thank all of those who sent this week's names to us. Are central banks better places for women to develop their careers than in the private sector? Any views…
Kurt Schuler on monetary sovereignty
Kurt Schuler, who works in the US Senate’s joint economic committee and one of the leading experts on currency boards and dollarisation, has just released on his website a new paper he has written on monetary sovereignty.
Term structure evidence on interest rate
A new paper by Glenn Rudebusch, economist at the Federal Reserve Bank of San Francisco, which looks at the term structure evidence on interest rate smoothing and monetary policy inertia.
Evolution of Monetary Policy Strategies in Europe
A first-rate, new book on monetary policy in Europe by Aerdt Houben, the head of the monetary analysis division of the Netherlands central bank.
Easing of Yugoslav sanctions by BOE
The Bank of England has eased financial sanctions against the Federal Republic of Yugoslavia and Serbia following the publication of an EC regulation.
Managing foreign debt and liquidity risks
A small group of senior central bankers from the emerging markets met at the BIS for two days in December 1999 to discuss the management of foreign debt and liquidity. A book containing the papers discussed at the seminar has now been released on the BIS…
Cenbank says Taiwan will not face financial crisis
Taiwan's central bank governor Perng Fai-nan dismissed Tuesday the speculation that Taiwan will suffer a financial crisis early next year.