US dollar
Inflation ahead, warns Greenspan
Central banks must hike rates in order to curb global inflation, Alan Greenspan, the former chairman of the Federal Reserve, warned on Tuesday.
No new currency this year: Zimbabwe's Gideon Gono
Gideon Gono, the governor of the Reserve Bank of Zimbabwe, told a local Sunday newspaper that the country will not issue a new currency this year.
Qatar may not track Fed moves
In comments that throw the future of a currency union in the Gulf in further doubt, the governor of the Qatari central bank has suggested the central bank could deviate from its usual practice of shadowing the Fed's monetary policy decisions.
Canadian dollar begins to slide
The Canadian dollar fell on Thursday from an all-time high as worries grew over the effect of the US subprime mortgage crisis on corporate profits and stocks slumped. Analysts said that the market was "definitely overextended".
The future of the IMF
Getting the emerging markets involved is the right way to go, says Norbert Walter, the head of economic research at Deutsche Bank, in this op-ed piece written for Central Bank News.
Dollar at all-time low against euro after Fed cut
The greenback reached a record low against the euro following the Federal Open Market Committee's decision to cut rates by 25 basis points. At its peak, the euro was worth 1.4504 against the dollar on Thursday.
Hong Kong and Malaysia look to reduce risk
The Hong Kong Monetary Authority and Bank Negara Malaysia looked to eliminate the settlement risk of US dollar bonds issued and traded in Malaysia with the launch of a payment link on Monday.
New shocks may emerge, Old Lady warns
Holders of stock, commercial real estate and the US dollar could be the next victims of the banking crisis, the Bank of England predicted in the latest edition of its financial stability report.
Chavez takes control of Venezuelan Central Bank
The Venezuelan government has regained control of the central bank following a parliamentary vote on Wednesday.
Dodge's comments lead to temporary loonie fall
The Canadian dollar fell against its US counterpart on Monday, after David Dodge, the governor of the Bank of Canada, said that domestic conditions were unrelated to the loonie's recent "abnormally quick" rise against the greenback.
Vietnam government calls on CB to stabilise dong
Nguyen Sinh Hung, Vietnam's deputy prime minister, has asked the State Bank of Vietnam to stabilise the value of the dong currency against the dollar.
Greenback now worth a million Zimbabwean dollars
A single US dollar is now said to be worth 1 million of its Zimbabwean counterparts on the black market.
Canadian growth exceeds expectations
The Canadian economy has performed better than expected, according to the latest edition of the Bank of Canada's monetary policy report, published on Thursday.
Fed speculation prompts new dollar-euro low
The dollar fell to a record $1.432 against the euro on Thursday as poor macroeconomic data and results from one of the US's biggest banks prompted futures traders to speculate that the Federal Reserve will cut rates.
Canada keeps rates at 4.5%
The Bank of Canada said on Tuesday that it would hold its target for the overnight rate at 4.5%.
De Rato U-turns on dollar valuation
Rodrigo de Rato, the managing director of the International Monetary Fund (IMF), said on Monday that the dollar was overvalued despite recently saying that he believed the opposite to be the case.
Gold rises to 27-year high
Gold reached a 27-year high on Monday as oil hit $85 per barrel and the dollar weakened further.
Singapore continues currency appreciation
The Monetary Authority of Singapore said on Thursday that it would continue to strengthen the value of the Singapore dollar relative to its US counterpart.
Currency rise wanted by EU chiefs
Jean-Claude Trichet, the president of the European Central Bank; Jean-Claude Juncker, the prime minister of Luxembourg; and Joaquin Almunia, the European commissioner for monetary affairs said on Monday that they wanted the renminbi, the dollar, and the…
Convergence makes Europe more resilient - Trichet
The adoption of the single currency has made the eurozone far more resilient to external developments than its individual member countries were, according to Jean-Claude Trichet, the president of the European Central Bank.
Mark Carney replaces Dodge at the Bank of Canada
Mark Carney, the senior associate deputy minister of finance and a former head of Goldman Sachs in Canada, will become the youngest central bank chief in the G7 when he takes over from David Dodge as Bank of Canada governor in February 2008.
Canada's rate path uncertain - Dodge
A rise in value of the Canadian dollar and mixed signals on inflation risks will present the Bank of Canada with some tough monetary policy decisions in the coming months, David Dodge, the governor of the central bank, said that on Tuesday.
Sudan to switch dollar reserves
The Bank of Sudan has said it is looking to replace its dollar reserves with euros and other currencies by the end of 2007 to lessen the impact of US sanctions.
Israel holds rates
The Bank of Israel decided on Monday to keep its interest rate at 4% as the strength of the shekel is counterbalancing rising prices and keeping inflation in check.