US dollar
Ecuador president-elect sends mixed signals on central bank raid
Noboa pledged to spend $1.5 billion, but later said this would only be in emergency
Argentina raises policy rate to 133% as crisis deepens
Presidential candidate Milei says peso worth less than ‘excrement’
Somalia’s Abdullahi on the challenges of re-integration with the international system
The Central Bank of Somalia governor speaks about capacity building, reintroducing the shilling, securing donor support and climate change
Iraqi central bank denies it will ban all dollar cash transactions
Official says he was misquoted as dollar shortage worsens amid US-Iraq tensions
Milei picks professor to be (last) central bank governor
Argentinian candidate picks dollarisation advocate for BCRA
FOMC members express different views for policy path forward
Bowman and Kashkari expect further rate hikes but Daly is less certain
Bolivian reserves reaching critical levels, say experts
Central bank is depleting gold stocks to pay debt while monetary financing continues
Iraqi central bank bans use of dollar for internal transactions
Move comes as tension with US over money laundering and Iran causes growing dollar shortage
Will the use of CBDCs improve cross-border payments?
International trials using CBDCs highlight significant architectural and practical challenges, writes Warren Coats
Second Ecuador candidate promises to spend reserves
Both candidates now plan to raid central bank, despite 2021 law banning financing
Banks increasingly reliant on ‘flighty’ finance, BIS finds
Money market funds are taking on an even greater role as funding sources, research says
Book notes: The Continental dollar, by Farley Grubb
Grubb’s book brings an important new interpretation to this founding moment in US financial history
Book notes: Bold vision, by Freddy Orchard
Largely uncritical insights about the formation of the GIC and Singapore’s currency regime
Former Central Bank of Barbados governor calls for dollarisation
Caricom has failed to integrate the Caribbean, says DeLisle Worrell
Milei will meet with IMF ahead of board decision on loan
Argentine opposition leader calls central bank “thieves” and repeats pledge to abolish it
Ecuadorean candidate promises to spend central bank reserves
Measure could imperil central bank independence
Brics’ bank launches rand bond
New Development Bank offers $130.6 million debt issue ahead of Johannesburg summit
Argentine central bank intervenes after Milei win
BCRA hikes rate 2,100bp and devalues peso after central bank opponent leads primary elections
Man on a mission: Axel van Nederveen, swaps evangelist
EBRD treasurer spreads the good word about local currency derivatives markets
Argentine candidate promises TV exposé of ‘empty’ BCRA vaults
Bullrich says currency controls “are eating the reserves”
Argentina reaches provisional agreement with IMF
Fund may continue loan despite non-compliance and ease reserve targets
Stronger US dollar hits emerging countries more, says IMF
Credible monetary policy frameworks are key to cushion external shocks, report argues
PNG central bank dispute leads to fuel rationing
Papua New Guinea central bank has accused fuel importer of failing to repatriate earnings
Guillermo Avellán on BCE independence, capacity-building and dollarisation
Central Bank of Ecuador general manager speaks about the need to bolster the central bank’s legal autonomy, dollarisation challenges, payments developments and monetising local gold production