News/Monetary Policy
Kristinsson leave Central Bank of Iceland
Yngvi Orn Kristinsson has left the monetary department of the Central Bank of Iceland.
Colombia cenbank sees 2000 inflation 8.5% - 10%
Colombia's central bank said that despite high world oil prices, thecountry is on track to meet the 10% inflation target for this year agreedwith the International Monetary Fund.
Ukraine cenbank council backs strong currency
The head of the newly formed Ukrainian central bank council said lastThursday that the body would back a policy of a strong hryvnia currency andfocus on slowing inflation.
Bank of Mexico sets out 2001 inflation goal
Bank of Mexico governor Guillermo Ortiz said on Thursday that the central bank was determined to slash inflation further next year and would keep a tight grip on monetary policy to achieve its goals.
SARB gets new power on reserves
The South African parliament has given central bank governor Tito Mboweni anew lever of monetary policy, giving him the right to change the definitionof what type of money commercial banks must hold as reserves.
Mongolia bank chief outlines core fiscal policy
The core of the fiscal policy for 2001 is to concentrate huge flow of cashoutside the bank operation or facilitate their flow through banks, saidBank of Mongolia governor O. Chuluunbat.
New monetary policy instrument in Croatia
The Croatian National Bank has decided to introduce unified obligatory reserve requirements on kuna and foreign currency deposits.
RBF announces relaxation of monetary policy
The Reserve Bank of Fiji has further relaxed monetary policy foolowing the resolution of the coup which began in May earlier this year. GDP is forecast by the central bank to fall by up to 15% this year.
Redell heads RBNZ financial markets department
Michael Redell replaces David Archer as head of financial markets at the Reserve Bank of New Zealand. The vanacy arose when Archer became assistant governor and chief economist.
Bulgaria's dollarisation debate
A new website set up by three economists at the Bulgarian National Bank wants to stimulate debate over whether Bulgaria should euroise its economy.