Exchange rate
Brazil’s Campos Neto calls for independent central bank
President Jair Bolsonaro promised formal central bank independence during 2018 campaign
PBoC independence would help China’s exchange rate goals – IMF paper
Researcher recommends four China-specific policies to support greater exchange rate flexibility
IMF staff praise Bank of Jamaica’s engagement campaign
Authorities must pass a law to guarantee the central bank’s operational independence, says staff report
Zimbabwe borrows $985 million from pan-African lenders
International reserves cover only four weeks of imports amid limited access to hard currency
Trump criticises Powell over strong dollar
President complains about Fed’s rate hikes and quantitative tightening in driving up the dollar
Kuroda warns of more QE if yen continues to strengthen
But Bank of Japan continues to cut purchases of Japanese government bonds
Costa Rica has significantly improved inflation targeting – IMF staff
IMF report welcomes end to governors’ terms being linked to presidential elections
Bundesbank paper analyses G10 currencies
Industrialised countries’ currencies differ in their influence on each other, researchers find
Bank of Mexico gets lost in translation
Central bank removes sentence from English translation opening the possibility of a future rate cut
Central Bank of Iran may be forced to print money to pay government
Governor warns lawmakers that forcing CBI to pay monthly dividend is unwise
The answers to the 2018 Central Banking Christmas quiz
We reveal the answers to the Christmas quiz, and the winner
Lifetime achievement: Zhou Xiaochuan
The former People’s Bank of China governor stands out for his high levels of integrity, intellectual rigour and bold reforms that have served the public interest in China and elsewhere
Central bank of the year: Monetary Authority of Singapore
Singapore’s central bank stands out for its pioneering fintech efforts combined with its consistency of performance in monetary policy, financial stability and supervision
Improved political environment lends support to Lebanese pound
As new government is formed, investors become more willing to sell dollars and buy pound
Jamaica’s Wynter says forex volatility is nothing to worry about
Central bank uses social media to calm markets after forex intervention
Central Bank of Nigeria funds post-graduate economics centre at university
President praises CBN’s “huge investments” in economy as rival pledges change of governor
Thailand and Cambodia join forces on QR code network
Central banks to pilot QR code network for retail payments
Romanian government escalates attacks on central bank
Social Democratic party and finance ministry says bank is failing obligation to protect currency
Website of the year: Sveriges Riksbank
The Swedish central bank has redesigned and restructured its website to great effect, with users staying longer and engaging with more content
Danish krone rate has limited impact on current account – research
Household savings have a far larger effect, central bank says
Indonesia keeps rates unchanged
Governor signals benchmark rate is “almost at its peak”
Key Brexit vote complicates outlook for UK economy
Vote this evening leaves UK’s political and economic future uncertain; analysts optimistic on outlook for sterling
Nepalese central bank seeks Indian help over large denomination notes
Nepal Rastra Bank asks RBI to permit new Indian notes to be used as legal tender
Denmark intervenes to maintain euro peg
A rate hike is “very likely” if intervention continues, analyst says