Trade
Brics in talks to link CBDCs and payments, says RBI governor
Central Bank of Brazil hunkers down on integrating Pix with other fast payment systems
PBoC appoints Deutsche Bank as a renminbi clearing bank for Europe
China’s central bank reiterates pledge to internationalise RMB as part of its five-year plan
Central Bank of Brazil delays crypto transfers to fight fraud
Latin America’s largest economy targets stablecoins after Trump’s tariffs against Pix
China and Kazakhstan to link CBDCs
Central bank agreement includes currency swap and linking interbank payments systems to settle in national currencies
South Korea to resume gold buying and may vault domestically
BoK’s reserves head cites geopolitical risks as motivator for institutional gold purchasing
Mampho Modise on payments reforms and the hierarchy of money
Sarb's deputy governor discusses conflicting crypto directives, wholesale CBDC plans, expensive remittance and a Brics gold-backed settlement unit
BoJ holds as yen and won both rise on suspected interventions
Japan’s central bank more hawkish than at previous meetings as it keeps rates at 1%
Southern African countries consider joining SADC-RTGS
Mauritius, Tanzania, Zambia and Zimbabwe could onboard their currencies
Juha Park on the BoK’s updated monetary policy framework
Bank of Korea’s head of monetary policy communication says pre-Shin updates align with new governor’s thinking
MAS tightens ‘very slightly’, saying it will cap inflation
Unexpected move marks central bank’s second consecutive tightening decision
Implications of the 2026 Middle East war
Gavin Bingham, Paul Fisher and Andrew Large detail the monetary policy, financial stability and international co-operation challenges for central banks
Most Australians think higher rates cause inflation – RBA poll
Bank says widespread popular misconceptions illustrate need for improved communications
Bank of Russia confirms new crypto regime
Law forms part of de-dollarisation and alternative payments push as Moscow seeks new ways to evade sanctions
Closer PBoC-CBL ties reflect China’s strategic aims, says expert
Central Bank of Libya to enter China’s payment system and bond market
MBS convexity hedging: back with a vengeance, or ghost story?
More bonds now sit with active hedgers but market is split on whether flows can move US rates again
Regulators face trade-off when it comes to bitcoin – BdF paper
Rules can reduce price disparities but leave local markets vulnerable to potential shocks
Canada holds rates for sixth time as growth outlook improves
Governor’s remarks removed explicit reference to future cuts or hikes
Kazakhstan scraps FX rule for state-affiliated companies
Requirement for proceeds to be sold domestically was implemented when Ukraine war led to depreciation
NY Fed study points to more tariff-related inflation in US
Survey shows many firms plan to pass on further costs to customers over coming months
Yen options dealers struggle to hedge intervention risk
Hedge funds’ bets on BoJ intervention are leaving dealers with vol-surface exposures they can’t hedge cheaply
China allows its investors greater access to offshore bonds
PBoC ups quota as HKMA expands yuan funding and city begins trial run for gold clearing
Vanuatu holds rates and forecasts continued economic recovery
Pacific island nation’s central bank says reconstruction efforts, tourism, to drive economy
Lagarde ‘regrets’ forward guidance and Warsh plans ‘family fight’
Fed, ECB, BoC and BoE heads discuss inflation, uncertainty, AI, stagflation and independence in Sintra
Asean’s expanding and evolving swap lines
The Asian trade bloc – with and without China, Japan and South Korea – wants to strengthen emergency liquidity support