US dollar
Brazil goes for diversification
Isabela Damaso, who manages the strategic risk function, and Márcio Ayrosa, head of the front office, explain how reserve management is changing at the central bank as a result of the unprecedented growth in reserves during 2007.
What will Bric leaders discuss?
When leaders from the four biggest emerging-market economies meet in Russia on Tuesday and Wednesday, they will have plenty to talk about.
SDR a better global currency: IMF's Lipsky
A senior International Monetary Fund (IMF) official has said that its Special Drawing Right (SDR) is a viable global reserve currency with many benefits.
RBA hints at further easing
While it kept rates on hold for the time being, the Reserve Bank of Australia has dropped a strong hint that further rate cuts are on the way by suggesting that "scope remains for some further easing."
Mboweni questions rand's rise
The governor of the South African Reserve Bank, Tito Mboweni, said the recent strength of rand against the dollar may be "unwelcome" as it pushes up the cost of the country's exports.
Weakness in dollar only "temporary" - UAE governor
Sultan Nasser Al Suwadi, the governor of the Central Bank of the United Arab Emirates, said that he perceived the weakness of the dollar as a "temporary situation".
Your assets are safe, Geithner tells China
Timothy Geithner, US treasury secretary, sought to reassure the US's largest foreign creditor regarding its investments in dollar-denominated government debt.
China should focus on gold not SDRs: Hanke
China would be better off promoting gold rather than special drawing rights (SDRs) as a global reserve currency, a prominent economist has argued.
Our outdated global monetary regime must go
From its roots in post-war reconstruction, the current international monetary system has evolved into a regime fundamentally unsuited to the realities of today's global economy. But it cannot last, writes Ousmene Mandeng
Brazil and China planning link-up to ditch dollar
A Central Bank of Brazil official has said that trade between the country and China will be conducted in reals and renminbi rather than dollars.
Are Libor spreads near the new normal?
A decline in interbank spreads shows confidence is returning. But, the margins at which spreads settle are likely to reveal much about how the crisis has changed the face of finance for years to come, Claire Jones, the editor of CentralBanking.com, says.
Solve dollar riddle with price-adjusted swaps
Countries caught in a dollar trap should demand that the United States swaps nominal treasury bills for inflation-adjusted instruments, two prominent economists have argued.
China warns on QE inflation threat
The People's Bank of China has said that quantitative easing posed huge risks for international markets and the global economy.
Beijing steps up calls for global monetary reform
Chinese officials reiterated calls for the reform of the international monetary order over the weekend.
SDR injection inflationary, ECB's Stark warns
Jurgen Stark, a member of the European Central Bank's executive board, has panned the G20's decision to create $250 billion-worth of special drawing rights (SDRs).
Zimbabwean prices stabilise after dollarisation
Zimbabwe's Central Statistical Office has announced that prices in the ravaged Southern African nation have started to fall since the adoption of the US dollar.
ECB books €2.7 billion surplus
The European Central Bank (ECB) earned a surplus of €2.66 billion ($3.34 billion) last year on the back of the euro's appreciation against the dollar and the yen, it emerged on Thursday. The central bank also revealed that it was owed €10.3 billion by…
Japan to use currency reserves to aid economy
Japan's government unveiled plans on Tuesday to use some of the country's foreign currency reserves to help its firms.
Canada has a tough year ahead - Jenkins
The year ahead will be a difficult one for Canada, said Paul Jenkins, the senior deputy governor of the country's central bank.
Bank of Japan to buy up corporate paper
The Bank of Japan announced plans to spend up to one trillion yen ($10.6 billion) in outright purchases of corporate paper in a bit limit the damage from "severe" financial and economic conditions.
Bahrain's Al-Majar: forex swaps valuable
The establishment of a foreign-exchange swap facility is a key initiative in Bahrain's effort to address the current financial turmoil, said Rasheed Al-Majar, the governor of the Central Bank of Bahrain.
Forex reserves not perfect insurance - IMF's Kato
High levels of foreign-exchange reserves can not fully insure against a sudden stop of capital inflows, said Takatoshi Kato, a deputy managing director of the International Monetary Fund.
Kazakhstan devalues tenge by 18%
The National Bank of Kazakhstan has allowed the tenge's value to fall by almost a fifth against the greenback by substantially devaluing the currency's dollar peg.
SNB offers dollar-denominated bills for UBS loan
The Swiss National Bank (SNB) announced on Monday that it will issue its own bills denominated in dollars.