News
IMF lobbies private sector over finance standards
An IMF/World Bank team visited London today on one leg of a travellingroadshow designed to sell global financial standards to the private sector.
Balcerowicz best for top central bank post
Poland's liberal former finance minister Leszek Balcerowicz would be the best candidate to replace Hanna Gronkiewicz-Waltz, the outgoing central bank governor, Poland's deputy premier told the best-selling Gazeta Wyborcza daily on Thursday.
Gronkiewicz-Waltz at the EBRD
In an interview with a Polish business journal, the Governor of the National Bank of Poland talks about her decision to leave the central bank and what her future duties at the EBRD will be.
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.
Tosovsky at the Financial Stability Institute
Josef Tosovsky, Governor of the Czech National Bank, has announced that he is leaving the central bank to head the Financial Stability Institute at the Bank for International Setlements.
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.
Bank Indonesia says using key tools to help rupiah
Anwar Nasution, acting governor of Bank Indonesia, said that the central bank was using several key tools to help boost the rupiah.
England revised £10 banknote
The Bank of England has issued a revised design £10 banknote with similar changes which were applied to the £20 note last year.
Quarterly Journal of Central Banking
The latest issue of the Quarterly Journal of Central Banking has just been published with contributions from four central bank governors.
Klein: no medium-term economic effects of violence
David Klein, Governor of the Bank of Israel, said in an interview with the "Quarterly Journal of Central Banking" that there would be no major economic repercussions from the renewed violence in Israel.
Yugoslav central bank governor resigns
As expected, Yugoslavia's central bank governor Dusan Vlatkovic has resigned his post. Mladjan Dinkic is the most likely successor.
Husain wants banking consolidation in Pakistan
Pakistan's central bank governor Ishrat Husain has said that he wants fewer, but stronger financial institutions in Pakistan which can mobilise and allocate resources in a cost effective and efficient manner.
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.
Montenegro sends mixed signals after central bank
A decision by Motenegro to set up a central bank has further loosened its ties to Serbia, but not broken the monetary affiliation between the two federation partners, Montenegrin premier Filip Vujanovic said.
Kristinsson leave Central Bank of Iceland
Yngvi Orn Kristinsson has left the monetary department of the Central Bank of Iceland.
Slow integration of European equity markets
Sir Eddie George, Governor of the Bank of England, said to UK parliamentarians that European equity market integration will take time.
Turkish cenbank goes live with real-time DvP SSS
Central Bank of Turkey has gone live with new securities settlement system named ESTS (Electronic Securities Transfer and Settlement System) after three years of development. On October 31, the first day of use, 1,800 securities transactions were settled…
NBP discusses draft payment systems laws
Today the meeting of the National Bank of Poland's payment systems council, a consultative and advisory body of the central bank's management board, discussed draft laws that implement the basic regulations of the European Union in the area of payment…
George says euro is substantially undervalued
Bank of England governor Eddie George said in a speech in Paris on Tuesday that the euro is substantially undervalued in terms of the medium-term 'fundamentals'.
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.