Exchange rate
BSP governor says Fed should be ‘more caring’
But Felipe Medalla says Philippines accepts reality of having to react to US monetary policy
Cuba will again allow dollar cash deposits
Decision reverses ban in place since June 2021
Global economy will be ‘anaemic’ – IMF
Inflation falling, but central banks will only reach targets over 2024 and 2025
Rates round-up: Mexico and Colombia slow tightening
Guatemala also tightens with 25bp hike; Chile and Dominican Republic continue pauses
IMF eases Argentina loan terms
Fund approves $5.4 billion payout and lowers reserves targets as drought conditions bite
IMF approves $15.6 billion for Ukraine
Fund calls wartime loan “unprecedented” and risky
Rates round-up: Kenya raises rates to highest since 2018
Sarb adds 50bp more as economy struggles; Zimbabwe cuts 1,000bp; Mozambique holds
Uruguay’s government will recapitalise central bank
Economist says BCU failed to hedge against exchange rate risks
SNB increases rates by 50bp in wake of Credit Suisse crisis
Swiss central bank sold Sfr27 billion in foreign currency in Q4 to tighten financial conditions
Lifetime achievement: Stefan Ingves
Modest man from the Finnish ‘boonies’ has had a major impact on international central banking
Denmark adjusts rates after ECB increase
Central bank warns inflationary pressures will remain high and calls for fiscal caution
Bank of Guyana rejects FX criticism
Country’s FX reserves fell to 1.4 months’ worth of export cover in the autumn
Bolivia sells dollars to public as reserves dwindle
Analysts say central bank may not be able to defend its peg much longer
Argentine minister announces new dollar rate for winemakers
New bid to help exporters and build reserves after success of soy dollar
Central bank websites: how to keep track and make them better
Central banks share their experiences in gauging website performance
Pakistan raises rates by 300bp as default risks rise
Authorities struggle to collect taxes and unlock IMF funds
Book notes: The next age of uncertainty, by Stephen Poloz
This book provides a well-informed and well-argued view about our economic future
Israel political crisis sparks fears for economy
Bank of Israel governor reportedly convened financial stability committee last week
Iran imposes FX controls as currency falls again
Commodities inflation bites ahead of upcoming new year
BoE’s Mann challenges idea of ‘long and variable lags’
MPC member says changing transmission of policy in UK may demand more tightening
Rates round-up: Philippines raises policy rate 50bp
Zambia increases amid poor inflation outlooks; Uruguay joins Latin American rate pause trend
BoT’s Sethaput on inflation dynamics, central bank mandates and multi-lateral payments
The Bank of Thailand governor speaks with Christopher Jeffery about the trend towards higher inflation, the sustainable finance challenge, experiments with CBDCs and governance issues related to multi-lateral payments
Bolivian central bank offers preferential rate for dollars
Dwindling reserves drive new measures to obtain foreign exchange and gold for central bank
Bitcoin price does not respond to market signals – paper
Researchers find cryptocurrency value “orthogonal” to most economic indicators