Central banking in conflicts
Nigerian MPC raises rates as inflation reaches highest level since 2005
Governor says inflation is gathering pace and next year’s election is increasing sovereign risk
Russian central bank cuts rates again but Nabiullina warns over deficit
Higher structural deficits would force central bank to raise rates, governor says
Haitian banks suspend operations
Banks close as Caribbean country is rocked by fuel protests and inflation hits 10-year high
West Africa central bank orders second rate rise of 2022
MPC says drought, unrest and global commodities shocks are driving up inflation
US may release frozen Afghan central bank funds – report
Plan would transfer up to $3.5 billion to the BIS under third-party supervision, source claims
Myanmar may go on money laundering blacklist, report says
Opposition calls on New York Fed to unfreeze Myanmar assets to back proposed digital currency
Bank of Russia says lenders have lost $24 billion
Central bank issues pessimistic forecast on oil earnings but says lenders are coping with sanctions
US judge rules against seizure of Afghan central bank assets
Assets cannot be seized while US government does not recognise Taliban regime, judge says
Myanmar regime replaces governor
New central bank head Than Than Swe survived attack by gunmen in April
Prominent economists call on US to unfreeze Afghan reserves
Stiglitz among those calling on US to ease humanitarian crisis despite Taliban rule
Ukraine seeking $15 billion IMF loan, NBU governor says
Supreme court backs central bank against oligarch in bitter dispute over banking clean-up
Bank of Russia cuts rates, but Nabiullina warns of volatility
Governor says inflation and currency are volatile, and “geopolitical situation” is creating uncertainty
Nigeria raises policy rate by 100bp
MPC cites external tightening and conflict as sources of rising inflation
Myanmar orders halt to foreign debt payments
Authorities order wider range of partly foreign-owned companies to sell FX to central bank
Libyan central banks have open dispute as political climate worsens
Tripoli-based central bank denies counterpart’s claims of lack of liquidity
Russian central bank lowers rates to pre-war level
Nabiullina warns tighter oil sanctions could still have serious impact on economy
Rates round-up: RBI adds 50bp to main rate
Chile announces eighth rate hike; Thai PM reveals rate hold early; and more
Ukrainian central bank hikes rates and warns of rising financial risks
NBU says fall in yields on hryvnia-denominated assets may lead to dollarisation
Finland’s payments must be ready for emergencies, governor says
Rehn praises public-private emergency partnership but calls for “even higher level” of readiness
Myanmar junta brings charges against former deputy governor
Military regime accuses Bo Bo Nge of corruption, 15 months after he was first arrested
Bank of Russia continues unwinding giant rate hike
Central bank cuts rate 300 basis points to 14%, in second reduction this month
Central African Republic makes cryptocurrency legal tender
War-torn state is second country to give crypto official status, after El Salvador
Myanmar deputy governor is alive after shooting – reports
Military junta says Than Than Swe is being treated in hospital
Azerbaijan appoints new governor after dismissing predecessor
New governor faces rising inflation and stagnant growth after president fires 27-year incumbent