Cash
The complex art of reserve management
Lockdown represents another inflection point for central banks managing $12 trillion in FX reserves
Central banks shift focus to retail CBDCs
Central Banking survey reveals shift away from wholesale experimentation
The Central Bank Digital Currency Survey 2020 – debunking some myths
Most central banks believe there are retail uses for CBDCs, but few plan to launch one in the next five years
Cash usage decreases as confidence in banks rises – research
Research included in MAS review flags importance of psychological factors in cash usage
Libra’s Disparte on big tech’s move into digital currency
Facebook-backed consortium still has more than 3 billion customers in its sights
PBoC confirms digital currency pilot
Central bank will test central bank digital currency in a number of provinces
Cash usage falls further in Netherlands
Study shows contactless payments are the main driver away from cash payments
Fed takes first step to unwind repo support
Repo market is showing signs of “more stable” conditions, New York Fed says
El-Erian on Covid-19 policy risks, ‘zombie’ markets and central bank capture
Former Pimco chief says Fed has gone too far, market function rules needed and chance opens for shared policy load
Beware of capital: much ado about nothing?
Capital increases can be offset by asset valuation, provision and income recognition forbearance
Bank of England to lend directly to government
Central bank agrees temporary expansion of “Ways and Means” facility
Kosovan central bank rolling out response to coronavirus shock
Governor Fehmi Mehmeti says economy is vulnerable but the central bank is taking action
BoE poll signals convertibility is key to CBDC demand
CBDC does not need to be built on DLT network, BoE says
Covid-19 could accelerate CBDC development – BIS economists
Fear could promote use of CBDCs but data is yet to point to whether cash demand has changed
Fed eases capital restriction on large US banks
US repo rates stray into negative territory as investors make massive flight to safety
Bank of Portugal removes limits on credit card use
Central bank issues new regulation to encourage the use of electronic payments
Some thoughts on CBDC operations in China
PBoC's Fan Yifei outlines why he favours indirect CBDC in China
Contactless payment limit to rise in the UK
National roll-out of new limit will begin in April
Will cash survive Covid-19?
Fears are emerging that banknotes may carry the coronavirus. Are they justified?
Central banks grapple with dollar funding crunch
Indicators of stress hit highest levels since global crisis; dollar backstops may soon be tested
Curaçao and Sint Maarten to introduce instant payments system
Central bank partners with equensWorldline to build new dual currency system
BoE sets out design principles for retail CBDC
Paper sheds new light on BoE’s thinking on design process and possible pitfalls
RBNZ prepares unconventional policy tools
Central bank is not planning to use them yet, governor stresses
Fed ramps up Covid-19 response
Central bank in “firefighting mode”, undoing repo tapering and offering regulatory relief to banks