News
Denmark to join eurozone’s T2 and Tips systems
National Bank of Denmark expects to fully transition by April 2025
Malaysia using more yuan and ringgit for trade, BNM says
Central bank says the use of dollars for settlement has remained stable over last 14 years
BoE holds policy rate as MPC flags persistent inflation
Headline price rises forecast to drop below 2% within months, but wage growth remains high
Central Banking Awards 2024: fourth round announced
BIS wins Green initiative award; other awards go for currency, CBDC and AML systems
Taiwanese central bank unexpectedly raises rates
Rate-setters warn of potential rise in inflationary expectations amid stronger growth
ECB and EBA establish new bank supervisory committee
New body aims to harmonise supervisory, resolution and statistical reporting
South Africa reappoints Kganyago and top executives
Mampho Modise to replace Kuben Naidoo as central bank’s deputy governor
FOMC holds rates again
Experts say Federal Reserve faces difficult choices despite easing inflation
Bank Indonesia holds rate
Governor pledges continued interventions to support rupiah amid low inflation
BIS and central banks develop AI tool to mine climate data
Hallucinations “do not seem” to impact results of initiative with Bank of Spain, ECB and Bundesbank
Chinese authorities reshuffle monetary policy committee
Four new members include securities regulator, PBoC deputy governor and two academics
Pakistan holds rates despite high inflation
MPC says country needs continuing tight policy, fiscal discipline and foreign financing
Central Banking Awards 2024: third group of winners revealed
Climate model wins economics award; DNB, Fed and Central Bank of Kenya also recognised
BoJ ends negative interest rate policy
Japanese central bank also scraps yield curve control policy and ends ETF purchases
IMF hit by cyber attack
Fund says attack did not target top leader and it has “re-secured” 11 compromised email accounts
Malaysian central bank rebukes Google for exchange rate error
Google Malaysia says faulty exchange rate data came from third party and apologises for the error
Ukrainian central bank cuts rates
Pyshnyy welcomes falling inflation, foreign exchange stability and prospect of renewed aid
SNB posts loss of Sfr3.2 billion
Sight deposit account balances drove this year’s loss, Swiss National Bank says
National Bank of Moldova launches instant payments system
US government backs initiative as Moldovan policy-makers seek links with western nations
PBoC holds key policy rate
Central bank holds off easing amid yuan weakness and banks’ narrowing margins
Central Banking Awards 2024: second group of winners unveiled
Ukraine’s Andriy Pyshnyy named Governor of the year
People: Dutch banking executive joins DNB board
Finnish central bank appoints new head, Danish member of governing board resigns
HKMA launches next phase of CBDC pilot and sandbox
Hong Kong project will explore programmability, tokenisation and atomic settlement
EU watchdogs to launch prop trader capital review in April
Prop traders say bank-style IFR rules are driving them out, but doubt EBA will suggest changes