Foreign exchange
Bank Indonesia holds rates again to defend currency
Weak rupiah to delay rate cuts as ratings downgrade weighs on investor appetite, analyst says
Weak yen prompted BoJ’s December rate hike, minutes show
Japan likely to continue tightening, though board said it had ‘no specific pace in mind’
IMF overcalculated Taiwan’s USD exposure – central bank chief
Fund’s measure showing USD holdings at 45 times local FX markets is “misunderstanding”, Yang says
Iran using Tether’s stablecoin to bypass sanctions, report finds
Central bank thought to be using USDT to buy rial on crypto exchanges as domestic currency plummets
BI holds rates amid renewed concerns over its independence
Indonesian central bank says keeping rates at 4.75% will stabilise rupiah and encourage growth
CBDC or tokenised reserves?
Sayuri Shirai explains why central banks are taking different paths towards the same goal
BCRA shores up dollar reserves for first time since April
Argentine central bank buys FX as new exchange rate regime kicks in
Dollar remains central to Philippines economy, BSP says
Central bank discusses its responses to currency fluctuations and fallout from political scandal
BoT details efforts to curb gold-related FX volatility
Financial institutions given new timeframe to verify gold transactions, with further measures planned
Renato Gomes on Pix, Drex and digital asset regulation
Brazil’s deputy governor speaks with Christopher Jeffery about pros and pitfalls of open finance, financial inclusion and crime on Pix, and the need to sideline DLT for Drex phase 3
BoT proposes agency to oversee gold trade amid baht appreciation
Economist says greater oversight would slow dollar-baht trade, but underlying issues may persist
Argentina to reform exchange rate regime and buy more FX
From January, currency band will widen by an amount equivalent to monthly inflation rate
Richard Doornbosch on central banking in a tempestuous climate
The president of the Central Bank of Curaçao and Sint Maarten speaks to Christopher Jeffery about addressing legacy financial scandals, transition to a Caribbean guilder, tapping gold holdings and managing a currency peg at a time of US policy uncertainty
Hawkish RBA comments wrong-foot Aussie dollar rates traders
Governor Bullock’s unexpected rate hike talk led to stop-outs and losses
Norges Bank to pay dividends to government by selling FX
Central bank to transfer Nkr30 billion in dividends and interest payments
BIS tests tokenised FX settlement in instant cross-border payments
Minimal tech upgrades proposed to link central bank money on DLT across Europe and Asia
US policies could create challenges for MAS – Amro report
Singaporean central bank confident risks from possible capital inflows can be managed with existing tools
BIS probes ‘exceptional’ FX activity around April shock
Triennial survey would likely have shown less dramatic shift without tariffs, economists find
Iceland abruptly stops FX purchases
Short-lived programme brought in €429 million of revenue for central bank
Saudi fund leaves $3bn in Pakistan’s central bank for another year
Deposit accounts for around a fifth of SBP’s dollar reserves
Argentina and the fear of floating
Economists believe the country’s authorities must fully liberalise the peso before it is too late