News/Reserves
Managing foreign debt and liquidity risks
A small group of senior central bankers from the emerging markets met at the BIS for two days in December 1999 to discuss the management of foreign debt and liquidity. A book containing the papers discussed at the seminar has now been released on the BIS…
BOT takes new swipe at baht speculators
The Bank of Thailand (BOT) has introduced another measure to discourage baht speculation that will limit how much Thai currency may be bought without underlying transactions, and it says it plans to monitor non-resident baht accounts more closely.
Algerian bank chief sees 3.8% 2000 growth
Algeria's oil-dominated economy is expected to achieve 3.8% growth this year, up from 3.2% in 1999, central bank governor Abdelwahab Keramane told parliament last week. FX reserves have also been boosted.
China confirms Wu Xiaoling as forex chief
The People's Bank of China has annouced the appointment of Wu Xiaoling as director general of the State Administration of Foreign Exchange.
Salameh - new Cabinet takes heat off pound
Lebanon's central bank governor Riad Salameh said that the pressure on the Lebanese pound had eased substantially since the formation of the new government and would continue to do so in the near future.
John Nugee goes to State Street
John Nugee, the head of reserve management at the Bank of England, has moved to State Street. Paul Chilcott is the new chief reserve manager.
Yemen cenbank governor counts oil blessings
Robust oil prices have helped boost Yemen's foreign reserves to a recordhigh of $2.5bn. The extra revenues are also speeding up economic reformsand the repayment of the country's debts, central bank governor AhmadAbdul-Rahman al-Samawi said.
Jobs in Asset Management in Norges Bank
There are two exciting job vacancies in "Global Equity Portfolio Management" at the Norges Bank in London for experienced asset managers.
Eesti Pank enhances risk management
Eesti Pank, Estonia's central bank, has enhanced its risk management procedures following the advice of a foreign asset management company.
ECB posts loss in 1999
During 1999, in its first full year of operation, the European Central Bank(ECB) posted a loss of EUR 247m.
ECB posts loss in 1999
During 1999, in its first full year of operation, the European Central Bank(ECB) posted a loss of EUR 247m.