Exchange rate
South Africa and Egypt both hold policy rates
Sarb governor says job of fighting inflation “is not yet done”
Will the use of CBDCs improve cross-border payments?
International trials using CBDCs highlight significant architectural and practical challenges, writes Warren Coats
Turkey raises policy rates for fourth consecutive time
Foreign exchange rates little changed, despite president’s commitment to tight monetary policy
BoJ keeps negative rates unchanged
Ueda says more time is needed to assess whether rising wages are supporting inflation
Riksbank and Norges Bank continue increasing rates
Swedish central bank hikes rates to 4%, Norwegian to 4.25%
Asian central banks hold rates
Philippines, Indonesia, Taiwan and Hong Kong stay put
Nigerian president nominates new governor after Emefiele resigns
Media reports say suspended central bank head resigned while in security service custody
Bank of Russia raises rates as Nabiullina warns over currency
Weaker ruble, higher demand and rising expectations are all driving inflation, governor says
Myanmar official says Mir payments will launch in October
Central bank leader had predicted the Russian card would start circulating last year
West African central bank raises rates as crises continue
Authorities cite “rising uncertainties at regional level” and reduced aid after wave of coups
Book notes: Bold vision, by Freddy Orchard
Largely uncritical insights about the formation of the GIC and Singapore’s currency regime
Chile continues rate cuts
Central bank lowers policy rate as economy shows signs of slowing
Israel holds rate, but signals more hikes still possible
Yaron denies report he will not seek new term
ECB paper explores best response to inefficient capital flows
Exchange rate pass-through is key to whether policy should tighten or loosen, authors find
Jordan revamps forecast model with richer interactions
Jam2.0 adds a fiscal block and captures more complexities of central bank policy
IMF modifies deal with Argentina
Fund disburses $7.5 billion ahead of elections despite finding government failed to meet some targets
Egyptian president gives acting governor one more year
Abdallah has continued programme of tighter monetary policy and devaluation
PBoC bolsters support for renminbi
Central bank pledges intervention to prevent excessive currency moves
Uganda cuts rate for first time since 2021
Central bank head refuses to comment on World Bank decision to halt funding
Bank of Russia raises rates in emergency meeting
Board says domestic demand is boosting depreciation’s effects as Putin adviser criticises governor
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
Ghana opposition demands governor resign
Parliamentary leader threatens march after Bank of Ghana reports $5.4 billion loss
DRC orders huge policy rate rise at unscheduled meeting
Increase is needed to combat accelerating currency depreciation and inflation, MPC says