Exchange rate
CBRT vows action at next policy meeting
Turkish central bank has already raised effective interest rates without changing the policy rate
Vietnam allows renminbi payments in border areas
Renminbi payments designed to cut risks and boost trade
Argentina hikes to 60% as peso drops further
Monetary policy committee holds emergency meeting amid fresh trouble for the currency
Sierra Leone’s president fires governor and appoints successor
Recently-elected president appoints academic as economy’s problems worsen
Sudanese central bank attempts to tighten finances as crisis deepens
No replacement announced for late governor, who died in June
Denmark completes RTGS renewal
New functionality will allow Danish banks access to Europe’s Target2-Securities in late 2018
Brian Wynter on Jamaica’s inflation-targeting transition
Jamaican governor says the end of fiscal dominance plus the creation of a two-way forex market and an effective interest rate policy mechanism essential for “full-fledged” inflation target
HKMA spends over $2 billion to defend local currency
Hong Kong dollar fell to hit lower limit of its 7.75-7.85 peg to US dollar
Denmark’s exchange rate stable despite greater FDI inflows
Large international investments absorbed by krone market, central bank says
Indonesian central bank hikes rates as global volatility hits rupiah
Forex interventions cut reserves by 11% between January and July 2018
Weak inflation keeps rates at record low in Israel
Bureau of statistics revised economic forecasts upwards in the face of solid growth
Trade uncertainty keeps Bank of Mexico on hold
Central bank leaves interest rates at 7.75%; revises up inflation expectations
PBoC acts to rein in renminbi depreciation
Reserve requirement makes it more expensive to short-sell yuan, the first effort by the central bank to stem the currency’s three-month slide
Central bank deputy arrested as Iran grapples with forex crisis
Vice governor in charge of forex has been “arrested and sent to jail”, state media reports
Shock end to euro floor avoided ‘enormous’ speculative attack, says SNB’s Jordan
Swiss central bank chairman believes sudden removal of forex controls was least bad policy option and limited reputational damage
SNB chairman dismisses calls for revised inflation targets
Jordan says raising targets would 'harm credibility' built up over decades; sees room for more negative rates
Peru central bank clashes with IMF over communication
Central bank says it has no plans to modify communication given success of guidance
IMF demands reinforced inflation targeting in Argentina
A new central bank charter should reinforce independence, fund says
First left-wing Mexican president in a generation unlikely to upend institutions
Andrés Manuel López Obrador has promised to respect the Bank of Mexico’s autonomy
Vietnam says it is “actively prepared” to intervene in forex market
Interventions have helped protect the dong’s value, but depreciation gathered pace in June
Brazilian government must respect central bank independence – IMF
IMF directors warn against excessive exchange rate interventions
Danish governor reflects on central bank’s legacy at 200th anniversary
Fixed exchange rate adopted in 1982 was a turning point, Rohde says
National Bank of Angola settles $426 million debt with Namibian counterpart
Failed currency agreement resulted in huge accumulation of debt as a fall in oil prices stifled Angola’s access to US dollars
New Jamaican law could end Caribbean’s ‘colonial era’
Granting the Bank of Jamaica operational independence to pursue an inflation target could transform central banking in the Caribbean