Speech
Serbia’s Marković: effective hedging will ease FX risks
National Bank of Serbia vice-governor Bojan Marković says Serbia must adopt hedging tools to reduce foreign currency exposure
BIS’s Hannoun flags dangers of exceptional measures
Bank for International Settlements’ Hannoun calls on central banks to shrink balance sheets
China’s Hu: renminbi policy complements market pricing
Market pricing of key economic inputs will complement the reform of the renminbi exchange rate regime, says Hu Xiaolian
BoK’s Kim: Asia was well prepared for market turmoil
Bank of Korea governor Kim Choong-soo says Asian crisis taught region many lessons that helped prepare them in onset of the last crisis
Turkey’s Yilmaz dismisses benefits of capital deepening
Central Bank of Turkey governor Durmuş Yılmaz says country should focus on increasing existing sources of production instead of increasing capital intensity
Malaysia’s Ibrahim: lawyers instrumental in developing Islamic finance
Bank Negara Malaysia deputy Muhammad bin Ibrahim thanks legal fraternity for role in developing Islamic finance
IMF’s Min on Fund’s role in safeguarding systemic risk
Dominique Strauss-Kahn's special adviser Min Zhu highlights excess liquidity, international interest rate differentials and systemic risk as future issues
Barbados’ Worrell urges rethink on economic assumptions
Researchers “rushing down a path to irrelevance” says DeLisle Worrell
Bernanke on why states face fiscal shortfalls
Federal Reserve chairman Ben Bernanke pins shortfalls on recession, legislation and pensions
Philippines’ Tetangco launches book on CB law
Central Bank of the Philippines governor Amando Tetangco praises in-house legal team
Asia’s low income countries will outpace other regions
IMF special advisor Min Zhu says Asian low income countries well placed to benefit from region’s boom
Ireland’s Honohan talks about new capital adequacy requirements
Central Bank of Ireland governor Patrick Honohan sets out plans for tougher capital requirements on Ireland’s banks
Canada’s Carney explains rate hike
Bank of Canada governor Mark Carney says decision to hike rates was due to unexpected improvement in private demand
Albania’s Fullani sees green shoots in lending
Bank of Albania governor Ardian Fullani says banks still need to be more proactive
Japan’s Yamaguchi apprehensive of Asian expansion
Bank of Japan deputy governor Hirohide Yamaguchi says emerging economies must be aware of overheating
RBA’s Stevens: Economic downturn will have long lasting implications
Reserve Bank of Australia governor Glenn Stevens says financial crisis will have longer lasting impacts to advanced economies
Bank’s Sentance explains vote to raise rates
Bank of England Monetary Policy Committee member Andrew Sentance says evidence of a marked recovery motivated decision to begin process of normalising rates
Thailand’s Watanagase calls for greater economic resilience
Bank of Thailand governor Tarisa Watanagase proposes measures to bolster economy from impact of external and domestic shocks
Malaysia's Zeti launches new Islamic finance task force
Bank Negara Malaysia governor Zeti Akhtar Aziz announces plans for new financial stability task force
ECB's Bini Smaghi: Europe must regain competitive edge
ECB executive board member Lorenzo Bini Smaghi says even surplus countries in eurozone must improve competitiveness
Fed’s Duke announces steps to improve data needs on SME lending
Federal Reserve governor Elizabeth Duke says data improvements will help Fed understand how lending requirements for small business
UK’s Hoban wants greater say over European regulatory reform
UK financial secretary to the Treasury Mark Hoban concedes London’s prominence as financial centre has ended, says Britain must have stronger voice in Europe on regulatory reform
Asia must be “attuned” to prevailing shocks, says Strauss-Kahn
IMF managing director Dominique Strauss-Kahn says Asia’s quick rebound from recession should be followed by policies to counter risk of overheating economies
Trichet: Reforms must keep an eye on financial markets
ECB president Jean-Claude Trichet outlines four main areas of reform in the financial sector where there is further room for improvements