US dollar
Bolivian officials say reserves problem is temporary
Central bank sells SDRs as dollar scarcity and legislative gridlock persist
Hackers seize South Sudan central bank website
Group demands central bank act to make currency stronger against the dollar
Cuba will again allow dollar cash deposits
Decision reverses ban in place since June 2021
Global economy will be ‘anaemic’ – IMF
Inflation falling, but central banks will only reach targets over 2024 and 2025
IMF eases Argentina loan terms
Fund approves $5.4 billion payout and lowers reserves targets as drought conditions bite
Tech could shake up international monetary system – IMF paper
Inertia likely to maintain status quo in near term, but impact of technology “highly uncertain”
China and Brazil set up infrastructure for renminbi clearing
Move comes as renminbi overtakes euro as Brazil’s second largest reserve currency
Uruguay’s government will recapitalise central bank
Economist says BCU failed to hedge against exchange rate risks
PBoC swap lines now key international bailout tool
Researchers say PBoC extended support worth billions of dollars to Belt and Road countries
World faces ‘new investment regime’, says Mauritian governor
Seegolam says “bonds are back” but FX will be volatile
Central banks step up dollar liquidity support
But initial auction results show little evidence of pressure on dollar funding
Fed creates new liquidity backstop amid contagion fears
Valuing collateral at par marks significant break with rules on standard liquidity facilities
Banknote themes in motion
Antti Heinonen asks whether the world is about to witness a revolution in banknote images
Bolivia sells dollars to public as reserves dwindle
Analysts say central bank may not be able to defend its peg much longer
Iran imposes FX controls as currency falls again
Commodities inflation bites ahead of upcoming new year
BoT’s Sethaput on inflation dynamics, central bank mandates and multi-lateral payments
The Bank of Thailand governor speaks with Christopher Jeffery about the trend towards higher inflation, the sustainable finance challenge, experiments with CBDCs and governance issues related to multi-lateral payments
Bolivian central bank offers preferential rate for dollars
Dwindling reserves drive new measures to obtain foreign exchange and gold for central bank
Rates round-up: Zimbabwe cuts policy rate to 150%
Azerbaijan raises rates 25bp; Qatar bucks Gulf trend; and more
Global liquidity driven higher by derivatives and euro lending
BIS statistics show contraction in dollar lending to emerging and developing economies
Argentina and Brazil to begin studying common currency
Minister says countries are taking “first step” in project
Somalia plans to introduce new notes by 2024
Country has become dollarised since the collapse of the central government in 1991
Cuban foreign exchange reserves have fallen, state says
Unusual disclosure in official publication sparks speculation about country’s financial position
BoE paper finds non-banks act as global stabilisers
Non-bank firms help dampen the impact of US monetary policy spillovers, authors find
The always imminent demise of the global dollar
Creating effective alternatives will remain long and arduous despite China’s development of Cips, the mCBDC bridge and any oil-price redenomination, writes Barry Eichengreen