Exchange rate
Goodhart and Pradhan on the end of monetary independence
The unanchored central banker authors speak about how ageing populations, soaring healthcare costs and rising fiscal deficits will force central bankers to compromise on inflation targets and bail out indebted governments
Pacific series: Climate is top issue for Fiji’s governor Ariff Ali
Head of central bank speaks about climate, inclusion, modernisation and vulnerability ahead of his likely retirement next year, following 30 years at institution
Naji Issa on Libya’s reform efforts and why he threatened to quit
The Central Bank of Libya governor speaks about the need for national unity and fiscal responsibility, digital transformation and exchange rate reforms
MNB governor signals cautious optimism over euro adoption
Hungary has to overcome ‘pessimism’ if it wants to join currency union, says Varga
Bolivia sells $35m to stabilise local currency
FX market volatility not in line with ‘economic fundamentals’, central bank says
Zimbabwe tallies progress towards de-dollarisation
Sustained single-digit inflation and greater demand for local currency are still needed, central bank says
Bank of Canada extends rate hold as trade war intensifies
Macklem says surprise uptick in growth is fragile thanks to new US tariffs and high petrol prices
High debt raises ‘macro-financial’ risks in Americas – BIS study
Bulletin says interest costs can result in risk premia feeding into inflation expectations
AI productivity shock may pull inflation up or down – BoE blog
Sectoral origin and speed of change will be key factors, economists find
Market reforms are about boosting policy transmission, says CBN
Changes brought in by Nigerian central bank enable individual investors to participate in OMOs
Libyan governor sets out conditions for withdrawing resignation
Issa reportedly wants faster implementation of budget, trade reforms and halt to wage rises
Guinea taps IMF funding as it prepares major mining project
Central bank is expected to implement governance and transparency reforms
Central Bank of Libya governor resigns
Naji Issa’s resignation comes as Libyan dinar remains under intense pressure
PBoC appoints Deutsche Bank as a renminbi clearing bank for Europe
China’s central bank reiterates pledge to internationalise RMB as part of its five-year plan
National Bank of Romania holds rates amid political instability
Board votes to keep policy rate at 6.5%, extending two-year hold
IMF’s Katz urges central banks not to wait for ‘perfect’ stablecoin regs
Deputy head stresses data collection should start now as AI may accelerate adoption
Colombia holds rates in surprise move
Banrep says Middle East conflict and El Niño could intensify inflationary pressures
Bolivia’s central bank to intervene in FX market
Governor says intervention will occur during market overreactions and to accumulate reserves
Book notes: Money: the inside story, by Rupal Patel and Jack Leslie
BoE’s latest explainer provides an entertaining and accessible guide to finance
Bolivia and IMF reach $1.9bn financing deal
Three-year agreement comes below country’s expectations of more than $2.5 billion
Juha Park on the BoK’s updated monetary policy framework
Bank of Korea’s head of monetary policy communication says pre-Shin updates align with new governor’s thinking