Exchange rate
High debt raises ‘macro-financial’ risks in Americas – BIS study
Bulletin says interest costs can result in risk premia feeding into inflation expectations
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
North Macedonia holds rates
Central bank votes to keep policy at 4.25%, citing prolonged uncertainty over Iran conflict
MAS tightens ‘very slightly’, saying it will cap inflation
Unexpected move marks central bank’s second consecutive tightening decision
Implications of the 2026 Middle East war
Gavin Bingham, Paul Fisher and Andrew Large detail the monetary policy, financial stability and international co-operation challenges for central banks
Paraguay holds rates while Costa Rica cuts by quarter point
Both central banks face below-target inflation despite global energy price shock
Kazakhstan makes surprise 25bp rate cut
Analyst says central bank is trying to signal that disinflationary measures are working
Bolivia nears $2.8bn IMF deal
Minister says country ‘days away’ from agreement on funding to strengthen central bank reserves
Most Australians think higher rates cause inflation – RBA poll
Bank says widespread popular misconceptions illustrate need for improved communications
Moody’s lifts Argentina’s credit rating
Agency says country’s default risk has declined amid fiscal surpluses and falling inflation
Indonesia unexpectedly holds, thereby ending tightening spree
Economists see room for BI to keep rates at their current level as rupiah depreciation pressures ease
Argentina should borrow from international markets – Obstfeld
Economist calls for transition to floating exchange rate with inflation targeting