Articles by Central Banking Newsdesk
Fijian central bank upgrades RTGS
New system will handle $81.6 billion of transactions annually, Reserve Bank of Fiji says
Bank Indonesia announces CBDC plan
Central bank will test wholesale and retail CBDC as Warjiyo says private digital assets pose new risks
Banknotes: October to December 2022
A round-up of news and salient issues that have affected central bankers in the past three months
BoE not briefed on disastrous ‘mini-budget’, Bailey says
Governor says absence of independent assessment of tax package made it very hard to assess
CPMI and Iosco raise ‘serious’ concern over cyber security flaw
Global bodies say several FMIs have vulnerabilities in their cyber security
Eurozone inflation falls for first time in 17 months, estimates say
Eurostat figures show inflation dropping in most countries, including Germany
Bank of Canada posts first quarterly loss in its history
“We do not make policy to maximise our income,” says Macklem
Bank of Thailand raises interest rate by 25 basis points
Central bank decision comes after headline inflation eased to around 6% in October
RBI set to launch retail CBDC pilot
Retail version of the e-rupee will be issued as tokens in same denominations as cash
People: October to December 2022
A round-up of central bankers in the news and on the move during the past three months
Rates round-up: Pakistan adds 100bp to main rate
Central banks raise rates in Kenya, Congo and Iceland
People: Esma appoints vice-chair
HKMA names deputy chief executive; MAS expands sustainability group
Colombian court annuls Carrasquilla appointment
Law required president to name a woman to vacancy to central bank board, say judges
Oman marks 10 years of Islamic banking
Central bank deems sector “systemically significant”
Central Bank of Azerbaijan ramps up cyber security
Division head points to AI’s potential as additional safeguard
RBA governor apologises over forward guidance
Philip Lowe says he’s sorry that people took out mortgages on the basis of central bank guidance
Sarb hikes rates as inflation continues to rise
MPC votes by three to two for 75bp rise as Kganyago warns power cuts are harming economy
African central banks expect CBDC to boost policy transmission
BIS survey finds greater focus on transmission and financial inclusion among African institutions
China cuts reserve requirement ratio for banks
Change to ratio will release funds for banks to help hard-hit industries, says the PBoC
BoJ to test CBDC next year, reports say
Two-year pilot project will examine whether digital currency can work without internet access
Bank of Israel slows down policy normalisation
Central bank increases rates by 50bp to 3.25%, as inflation stood at 5.1% in October
ECB paper presents new corporate default prediction method
Authors say their “distance to insolvency” measure outperforms other forecasting methods
BIS paper finds reserves scarcity even during QE era
Banks still relied heavily on incoming payments to replenish funds, researchers find
Das outlines RBI’s post-Covid research reforms
Central bank has adopted “full information” system to capture economic dynamics