Foreign exchange
Vietnam joins South-east Asian cross-border payment bloc
Six Asian central banks have joined forces to build faster and cheaper cross-border payments
South Korea and Indonesia hold rates
Bank Indonesia says it will issue securities in bid to bolster rupiah
PBoC bolsters support for renminbi
Central bank pledges intervention to prevent excessive currency moves
Argentine central bank intervenes after Milei win
BCRA hikes rate 2,100bp and devalues peso after central bank opponent leads primary elections
Cuba limits cash transactions and ATM access
Central bank measure provokes scepticism and concern
New Zealand government boosts central bank capital
RBNZ granted capital boost and indemnity
Pakistan launches sovereign wealth fund
Struggling country transfers $8 billion of shares in seven state companies to new SWF
Lebanon’s acting governor says he will radically change course
Wassim Mansouri pledges cuts to central bank financing and demands action from politicians
Argentine candidate promises TV exposé of ‘empty’ BCRA vaults
Bullrich says currency controls “are eating the reserves”
West African central bank freezes Niger’s accounts
BCEAO cancels bond issue after military detains elected president
Malawi raises rates as inflation continues climbing
Russia-Ukraine war and adverse weather events exacerbating food inflation
Argentina reaches provisional agreement with IMF
Fund may continue loan despite non-compliance and ease reserve targets
The financial sanctions maze
Anyone affected by Russia-related sanctions knows patience and caution are strongly advised, writes Richard Heckinger
PNG government orders central bank to release FX
Papua New Guinea police use pandemic law after dispute causes fuel shortages
Climate change: a new financial risk for central banks
Overcoming ‘analysis paralysis’ and the lessons in capturing climate-related financial risks on the Deutsche Bundesbank’s balance sheet
Turkish central bank raises rates by less than expected
MPC increases rates by 250 basis points but analysts had expected much larger rise
Book notes: Forks in the road, by C Rangarajan
A memoir by one of India’s most distinguished governors, who presided over critical policy issues such as the 1990s’ balance-of-payments crisis
PNG central bank dispute leads to fuel rationing
Papua New Guinea central bank has accused fuel importer of failing to repatriate earnings
PBoC steps up support for yuan
Chinese central bank eases limit on firms’ overseas borrowing and keeps key rates unchanged
IMF grants Burundi $271 million loan
Burundi must liberalise currency regime, end central bank financing and tighten policy
IMF approves $3 billion short-term loan for Pakistan
Saudi Arabia and UAE provide $3 billion more as country tries to overcome crisis
Egypt announces ‘record’ inflation
Inflation continues rising despite monetary tightening and could trigger IMF consultation
Bye-bye BCRA?
An Argentine presidential candidate proposes abolishing the central bank and the peso
Papua New Guinea’s Genia rejects calls for devaluation
IMF says kina is heavily overvalued