Articles by Central Banking Newsdesk
BoE wants stablecoins fully backed with central bank deposits
Systemic stablecoins would have to back issuance with unremunerated deposits
MAS imposes further penalties on Singapore’s biggest lender
Central bank penalises DBS after country’s largest bank experienced repeated service outages
Digital yuan used to settle crude oil trade
Chinese oil company Petro China reportedly bought one million barrels of crude oil in digital yuan
Colombia continues to hold as inflation inches down
The board was divided once more in a 5–2 vote
US fiscal stimulus decreases output in rest of world – research
A helicopter drop policy could be the most effective co-ordinated effort
ECB raises concerns over Italian macro-pru committee
Decree should give a casting vote to governor and remove members’ vetoes, ECB says
Hong Kong and Thailand to set up cross-border payments link
New QR code payment link is the latest addition to similar initiatives in the region
‘Conceptual complexity’ has risen in BoE publications, research finds
Conceptual complexity plays central role in expectations, understanding and trust, authors find
Cipollone joins ECB board
Italian economist succeeds Panetta, who takes over the Bank of Italy
People: New governor in Sierra Leone
Brazilian president nominates two new central bank directors; new head of statistics at ECB; and more
MAS tests upgraded unified QR code system
New code could allow merchants to accept different QR payment methods more easily
China vows long-term strategy to resolve local debt risks
Officials stress need to strengthen Communist party control over China’s financial sector
Fiscal policy may complicate fight against inflation, says Macklem
Bank of Canada governor warns projected spending may ‘not be helpful’ for monetary policy
Sam Bankman-Fried takes the stand in wire fraud trial
FTX head says he doesn’t know how $9 billion in funds disappeared
SNB cuts interest payments amid losses
Swiss central bank lost over Sfr12 billion in Q3
BoJ scraps rigid bond yield cap
Central bank further loosens YCC, ends daily bond buys and raises inflation forecasts
Zimbabwe cuts policy rate to 130%
Reserve Bank reduces rate by 2,000bp as inflation eases, according to official figures
Court grants Evergrande five more weeks to avert liquidation
Hong Kong court gives Chinese developer until December 4 to revise restructuring plan
BIS releases guide to tackle ‘complex’ offline CBDC design
Trade-offs include privacy and security to meet jurisdiction-specific objectives
Former executives of troubled lender wanted by Vietnam police
Central bank is looking for investors to acquire failed Saigon Commercial Bank
‘Digital pound’ needed as cash successor, says BoE’s Cunliffe
Departing deputy governor says CBDC could be necessary by decade’s end
Russia raises rates, Ukraine lowers them
High domestic demand pushes up prices in both countries
World Bank issues first digital bonds on Euroclear’s platform
Distributed ledger technology has potential to improve securities processing
Costa Rica and Paraguay whittle away at rates
Both countries make 25bp cuts as inflation falls