Exchange rate
Bank of Ghana denies rationing FX
Bloomberg made claim in June article citing swelling fuel import bills
Myanmar orders halt to foreign debt payments
Authorities order wider range of partly foreign-owned companies to sell FX to central bank
Chilean central bank pledges to sell up to $25 billion to defend peso
Currency plummets by 4% to new record low against US dollar following 75bp rate hike
Singapore and Philippines make unscheduled policy decisions
Central banks tighten policy as inflation continues to rise and US releases inflation data
Book notes: Harry White and the American creed, by James Boughton
This book offers a deeper understanding of the hugely influential IMF founder and his work, but fails to resolve espionage charges
Chilean government officials dispute central bank’s currency role
Finance minister reproves official spokesperson as currency continues steep fall
Bank Indonesia may raise interest rates this quarter, says governor
Central bank’s cautious approach to tightening contrasts with global trend
Pakistan raises rates again as inflation climbs past 20%
IMF urges tighter fiscal policy as governor's post remains unfilled
Bank of Israel orders biggest rate rise since 2011
Central bank continues “monetary contraction” as Israel faces fifth election since 2019
Iran imposes restrictions on payments
Authorities cite risk of cyber attacks, but economy has also faced capital flight
Colombia announces largest-ever rate increase
Central bank orders 150bp rise, while president-elect announces next finance minister
Hungary makes shock 185bp rate increase
Central bank responds to inflation and weak forint with largest increase since 2008
Zimbabwe central bank raises policy rate to 200%
Finance minister guarantees use of US dollar through 2025, while RBZ will mint gold coins
IMF approves $4 billion payment for Argentina
Country passes first IMF review, but reserves have declined in recent weeks
BSP raises rates by 25bp, while Indonesia holds
Economist warns Philippine central bank’s action may not be enough to bring inflation down
Bank of Mexico orders largest-ever rate hike
Mexico matches Fed as inflation continues well above target
Trinidad and Tobago court rules governor’s dismissal illegal
Rambarran receives damages over 2015 firing but replacement will continue in office
BoE’s Mann says UK needs to respond to higher rates abroad
Exposure to global spillovers likely making UK inflation worse, says MPC member
Laos selects new central bank governor
Parliament elects Bounleua Sinxayvoravong as part of government reshuffle
North Macedonia makes third 25bp hike
Central bank moves to increase local currency deposits, while inflation reaches double digits
Yen weakens further as BoJ stands by loose policy
Central bank stresses commitment to defending yield curve control despite exchange rate worries
Hong Kong and Taiwan raise rates
HKMA raises rates by 75bp, but local banks don’t follow, while Taiwan increases by 12.5bp
Argentina increases reference rate 300bp
Central bank says it anticipates inflation will fall despite continuing rise
Banknotes: April to June 2022
A round-up of news and salient issues that have affected central bankers in the past three months