Russia-Ukraine conflict
Russian governor says rates may have to rise
Nabiullina says economy may grow amid wartime investment, but inflationary pressures are high
UAE grants licence to Russian bank
US voices concerns over sanctions evasion and threatens action against facilitators
Bank of Russia restarts open FX trading to support ruble
Ruble will trade openly against yuan as Russian dependence on Chinese markets appears to grow
Russia developing cross-border CBDC settlement
Research into two proposed models for digital ruble exports to begin in Q1
Reserve Benchmarks 2022 – presentation
Reserves specialist Victor Mendez-Barreira speaks with Chris Jeffery about staffing and salaries, the inflation challenge, Bank of Russia sanctions, green investments, asset diversification, and reserve levels and liquidity lines.
Ukraine accuses Russian governor of crimes during occupation
Security service says Nabiullina organised effort to create “ruble zone” in Russian-controlled Kherson
The behind-the-scenes effort to convert Ukrainian refugee cash
How central and commercial banks worked to allow Ukrainians to exchange cash in wartime
Rates round-up: Poland holds rates despite high inflation
Serbia and Bulgaria raise rates as double-digit inflation plagues eastern Europe
Kazakhstan raises rate as Kyrgyzstan cuts
IMF criticises Kyrgyz monetary policy and failure to reform central bank law
Fed officials disagree on dealing with uncertainty
Vice-chair Brainard and Cleveland Fed’s Mester take different stances on uncertainty
Rates round-up: Pakistan adds 100bp to main rate
Central banks raise rates in Kenya, Congo and Iceland
Ukrainian ex-governor accuses authorities of abuse of power
Shevchenko says he was not given time to prepare case before court issued arrest warrant
Central bank assets enjoy ‘99%’ immunity
Why central bank assets possess legal immunity – but not from sanctions
Armenia raises policy rate by 50bp
Fleeing Russians are helping to drive inflation, central bank says
Bank of Russia says Putin’s mobilisation will hit demand
Kazakhstan rates rocket, while Azerbaijan central bank warns about fiscal policy
Ukrainian ex-governor attacks claim he is hiding from probe
Shevchenko says investigation is “politicised” after agency puts him on "wanted list"
Belarus’s governor predicts inflation will fall
Government imposed price controls after sanctions helped push inflation into double digits
Banks in Kyrgyzstan suspend Mir
Operations limited in Kazakhstan, Uzbekistan, Turkey and Vietnam on threat of US sanctions
IMF publishes sober outlook for 2023
“Worst is yet to come”, says chief economist
IMF loans $1.3 billion to Ukraine under ‘food shock window’
Foreign donors should increase funding, IMF says, after officials warn of potential instability
IMF approves ‘food shock window’
Temporary measure will help countries deal with food insecurity
Belarusian president bans price increases
“God forbid someone decides to raise prices,” says Lukashenko
Shevchenko denies fleeing Ukraine and denounces ‘campaign’ against him
Governor says corruption leak is a smear and political pressure forced him from office