Articles by Central Banking Newsdesk
Bank of England – Trends in Lending (July 2010)
Bank of England’s July lending report shows further declines in bank loans as demand continues to weaken
Bank of Japan – Monthly Report of Recent Economic and Financial Developments (July 2010)
Bank of Japan report shows boost in export growth was undermined by chronic deflation problems
HKMA unveils design of two new banknotes
The Hong Kong Monetary Authority says improved security features on new banknotes will reduce counterfeits in circulation
RBA rate hold linked to European stability concerns
Minutes of Reserve Bank of Australia’s rate meeting show developments in Europe led board to keep rates flat
Bank’s Sentance explains vote to raise rates
Bank of England Monetary Policy Committee member Andrew Sentance says evidence of a marked recovery motivated decision to begin process of normalising rates
ECB identifies dark side of wholesale funding
European Central Bank study finds that despite benefits of wholesale funding, liquidity scares can cause instability to banks that are uninformed of potential risks
Fed better prepared than us for financial crisis: ECB paper
European Central Bank study shows stronger emphasis towards output allowed the Fed to react faster than Frankfurt to financial crisis
Central Bank of Ireland – Payment and Securities Settlements System Infrastructure Report (July 2010)
Irish central bank’s report on payments and settlements shows country is behind Europe in transition to electronic payments systems
Euro counterfeits fall by 13%
ECB statistics show 387,000 forged euro banknotes recovered in first half of 2010; €50 note overtakes €20 as most popular bill to fake
HKMA, PBoC agree to expand renminbi business
New agreement will enable banks in the territory to establish renminbi accounts for financial institutions
East Asian, Pacific governors set for 15th annual meeting
Executives’ Meeting of East Asia and Pacific Central Banks gears up for 15th outing in Sydney; regional currency and financial stability issues to dominate agenda
Fed names new regional chairs
Washington-based board announces heads of 12 Federal Reserve banks for 2010; none from banks
EU’s Barnier: paradigm shift in regulating OTC derivatives
European Commission commissioner for internal market and services Michel Barnier says concept of light touch regulation is history
Wellink: OTC markets still need good risk management systems
Basel Committee chairman Nout Wellink warns central clearing house not a silver bullet for over-the-counter derivatives markets
Credit boom overlooked due to silo culture in credit markets
Financial Times journalist says informational barriers between credit specialists and regulators meant credit markets were poorly managed pre-crisis
Thailand’s Watanagase calls for greater economic resilience
Bank of Thailand governor Tarisa Watanagase proposes measures to bolster economy from impact of external and domestic shocks
Yam joins China Investment Corporation
Former HKMA chief executive Joseph Yam appointed to sovereign wealth fund’s international advisory council
India approves new currency symbol
Indian government picks symbol for rupee after nationwide contest; says country’s growth and arrival on the international economic stage merit symbol
Irish central bank sees profits more than double
Central Bank of Ireland 2009 Annual Report shows profits rose past the $1 billion mark last year
FOMC faces tricky task in avoiding another bubble
FOMC officials’ pessimism about conditions highlights challenge central bank faces in fulfilling its dual mandate
NY Fed: new approach to government funding
NY Fed paper proposes measures to reduce government's reliance on cyclical revenue sources
RBI's Gopinath says regulation key in OTC reforms
Reserve Bank of India deputy governor Shyamala Gopinath discusses challenging process of calibrating India's over-the-counter derivatives markets
Banque de France: CDS mismanagement rather than naked shorting caused market downfall
Banque de France study says credit default swaps should not be abandoned; creation of centrally cleared market can reduce systemic risk
Central bank auctions reveal banks' liquidity risks
BIS study says aggressive bidding in central bank auctions good indication of liquidity risks at banks