Central banking in conflicts
Russian central bank announces string of emergency measures
Bank of Russia announces liquidity support, FX interventions and changes to capital ratings
Commodity prices rise sharply after Russia’s invasion of Ukraine
Energy prices already account for around 50% of headline inflation in the eurozone
US announces initial financial sanctions on Russia
Biden administration bars secondary market bond transactions, but expert says impact likely to be limited
UK sanctions on Russia target five smaller banks
EU and US yet to announce detailed measures as expert calls possible Biden measures “weak”
Former Guinea governor held by police
Lounsény Nabé taken into custody this month after being dismissed following military coup
Kazakhstan’s president announces changes to powerful wealth fund
National unrest leads to changes at SWF that owns an estimated 40% of GDP
Russian central bank halts FX purchases as currency slides
Ruble hits 14-month low as fears grow that Putin will invade Ukraine
Ukrainian central bank hikes rate and warns of invasion fears
Supreme court backs NBU over PrivatBank dispute as central bank says it may raise rates again
Mozambique’s government owes central bank over $600 million – auditors
Auditors say government is obliged to compensate central bank over forex movements
Pakistan’s central bank asks government to rethink Afghan scheme
Channelling donations to Afghanistan might violate international regulations, central bank warns
Inside the Bank of Israel’s emergency cash supply exercises
Amir Safranovich and Meir Bitton describe the central bank’s ongoing work on emergency preparedness
South Sudan central bank announces sharp fall in inflation rate
IMF credits exchange rate reforms with taming prices, while central bank cuts interest rates
West African central bank freezes Mali assets
Regional authorities demand Malian military government hold elections as scheduled
Kazakh central bank suspends banking operations
Deputy chairman says banking will resume when situation is “stabilised”
South Sudanese president fires governor for fifth time
President again dismisses governor as country’s economic crisis continues
UK court recognises Venezuelan opposition central bank board
Rival Venezuelan leaders have struggled over central bank and overseas gold reserves
Russia orders seventh straight rate hike
Central bank continues protracted battle against high inflation
Myanmar and China to use renminbi for cross-border trade
Reports indicate that authorities will pilot settling small-scale trade transactions in yuan
Yemeni governor sacked as crisis worsens
Deputy governor also dismissed in fourth sacking since civil war began
Iranian court sentences former governor to 10 years in prison
Valiollah Seif convicted of currency offences, but reportedly remains free pending appeal
Afghan central bank ‘worsened crisis’, says leaked document
International officials allege “mismanagement” under Ahmady led to loss of dollars
Somaliland president replaces central bank governor
Ali Ibrahim Jama had led unrecognised state’s central bank since 2018
Colombian president’s central bank appointment draws strong criticism
Opposition politicians allege ex-finance minister’s place on board endangers independence
Myanmar authorities shut banks amid growing crisis, report says
Private banks closed from August 16 to August 22 amid ongoing cash crisis, reports allege