Official Record
Mexico’s monetary policy should remain tight, IMF says
Banxico should strengthen comms and limit government bond purchases to short end of curve, fund adds
BoJ minutes show calls for faster rate hikes
Board member said focus of monetary policy had shifted towards capping price rises at June meeting
Pakistan to offer cash prizes to boost remittance flows
Eligible beneficiaries of remittances will be entered into lottery-style draw
Bolivia’s central bank moves to sterilise excess liquidity
Around 4.5 billion bolivianos to be sterilised in September and October
Swiss upper house backs tougher capital rules in blow to UBS
Vote moves proposed 90% capital backing for foreign liabilities one step closer to becoming law
Nigeria makes biggest rate cut since 2007
CBN also recalibrates standing facilities corridor to strengthen policy transmission
Kenya publishes draft national payment system policy and law
Payment ecosystem should draw on lessons from India and Brazil, National Treasury says
IMF reaches staff-level agreement with Zimbabwe
Country still needs to strengthen governance and restore debt sustainability, fund says
Czech Republic extends pause while Moldova raises rates
CNB leaves door open to rate rise while Moldova presses on with third hike since May
Japan and Malaysia to promote direct yen-ringgit settlement
BNM and BoJ also double size of swap line to $6bn
Middle East conflict will prolong inflation shock, Lagarde says
ECB chief warns AI is also driving long-term funding costs for governments
Increasingly uncertain outlook prompts Pakistan to hold
Inflation rises but fiscal consolidation is above target, central bank says
Japan’s CBDC pilot far from ready for mass adoption – BoJ
Central bank says building digital currency for public use will be much harder than testing
Brics governors announce central bank capacity-building hub
Focus will be on sustainable finance, cyber security and AI
Turkey holds rates for fifth consecutive meeting
Expert says conditions are ‘falling into place’ for rate cut next month
Peru holds as inflation risks from Middle East war loom large
Central bank also cites El Niño climate phenomenon as upside risk to price growth
Bolivia sells $35m to stabilise local currency
FX market volatility not in line with ‘economic fundamentals’, central bank says
Zimbabwe tallies progress towards de-dollarisation
Sustained single-digit inflation and greater demand for local currency are still needed, central bank says
Chile holds amid weak growth and rising inflation
Quarter-point hikes expected in December and March next year, economist says
Bolivia’s central bank suspends dollar purchases
Institution says increasing HLAs gave it leeway to meet obligations and mitigate FX market pressure
China ups gold reserves by largest amount in nearly three years
Monthly increase is biggest since 2023 as PBoC’s holdings hit 76.7m troy ounces