Sterling
BoE’s Weale warns of burgeoning inflation risk due to weak pound
Monetary Policy Committee member says further depreciation of the pound could push inflation further from its target, but the Bank of England might just have to weather the storm
BBA delays phase-out of some Libor rates after complaints
Less-used rates will be produced until May 2013
UK police seize more than £4 million in counterfeit coins
Metropolitan police uncover large counterfeit operation in UK; some of the fake coins may already be in circulation
Nazis “destroyed confidence” in BoE notes with expert counterfeits
MI5 report from 1945 says Nazis destroyed confidence in British banknotes; produced counterfeits of such high quality it was “impossible” for a lay person to tell them from the real thing
Queen's portraits from banknotes and coins to appear on stamps
New stamps issued to celebrate the Queen’s diamond jubilee; first time the official portraits from banknotes, coins and stamps have been brought together
Exchange rates are influenced by macroeconomic performance: Buba paper
Bundesbank study finds link between macroeconomic fundamentals and exchange rate movements through expectation of monetary policy
Bank’s Sentance calls for revaluation of sterling rate
Bank of England external Monetary Policy Committee member Andrew Sentance says Bank needs to strike a more even balance on sterling value
Inflation may hit 5%, but we couldn’t have done it different: King
Bank of England’s Inflation Report says inflation will likely soar further; medium term outlook shifts slightly as spare capacity margin revised downwards
IMF takes final step in changing SDR basket
Fund sets exchange rate for SDR; continues to peg unit of account to yen, dollar, euro and sterling
Russia advances Canadian dollar position
Bank of Russia will increase holdings of Canadian dollar denominated assets to diversify foreign exchange reserves
Bank of England Quarterly Bulletin (2010 Q3)
Bank of England's third quarter bulletin scrutinises sterling markets, lending for new households
FX market going global: BIS
Bank for International Settlements’ triennial survey of foreign exchange markets shows decline in prevalence of local transactions, dollar and sterling
Bank had different objectives with corporate bond purchases: Fisher
Bank of England’s executive director for markets Paul Fisher says the central bank’s asset purchase facility has achieved what it set out to do
US debt ratio drives international exchange rates: Bank of Canada
A Bank of Canada paper posits that the debt to GDP ratio in the US and commodity prices have great impact on bilateral exchange rates
Dollar reserves dip
Latest Annual Report from the International Monetary Fund shows official sector shifting into euro, yen
Bank’s second monetary-policy roundtable
Bank of England summarises its monetary-policy roundtable
Are Libor spreads near the new normal?
A decline in interbank spreads shows confidence is returning. But, the margins at which spreads settle are likely to reveal much about how the crisis has changed the face of finance for years to come, Claire Jones, the editor of CentralBanking.com, says.
Harare abandons Zim dollar for foreign currencies
The Zimbabwean government has said that it will allow businesses to accept multiple currencies alongside the effectively worthless Zimbabwean dollar.
Sterling edges towards euro parity
The dramatic decline in the value of the British currency showed few signs of abating as it edged towards parity with the euro on Wednesday.
Pound could sink to par with euro "within weeks"
The pound will reach parity against the euro on the back of a stream of poor news on the macro front and expectations on interest rates, market participants say.
Bank of England's September minutes
The minutes from the September meeting of the Monetary Policy Committee show most members judged maintaining the current rate necessary to bring inflation back to target.
Interbank rates creep up in Europe
Money market tensions are showing signs of re-emergence, with interbank rates hitting levels not seen since mid-January for euro and sterling borrowing.
Interbank rates edge down again
Money market tensions eased further on Friday, signalling that the joint action announced by five of the most powerful central banks last week is having some impact in narrowing spreads between interbank and central banks' benchmark rates.
Joint action lessening interbank spreads
In a sign that central banks' concerted action aimed at easing money market tension is doing just that, banks' borrowing costs fell further on Thursday.