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Kremlin wants revamp of SDR basket
The Kremlin has called for a radical shift in the composition of the basket of assets that comprise the special drawing right (SDR).
Obama proposals call for Fed governance review
Sweeping proposals for reforms to financial regulation released by the White House on Wednesday have called for a comprehensive review of the governance and structure of the Federal Reserve.
Price affects public's payments instrument choice
The prices of payment services influenced the public's choice of payments instrument, finds the latest Annual Report on Payment Systems from the Norges Bank.
Ireland's Hurley covets stability role
John Hurley, the governor of the Central Bank and Financial Services Authority of Ireland, said that he would strongly support full integration and coordination within the Irish central bank of responsibilities for both financial stability and micro…
Don't hike rates too early, Fed's Duke warns
Elizabeth Duke, a governor of the Federal Reserve, has noted that previous downturns have been deepened or prolonged by the premature withdrawal of monetary or fiscal stimulus.
UK chancellor eyes banks' corporate governance
Britain's top financial official will on Wednesday call on banks' boards to act as a first line of defence against future financial crises.
On macrofinance and monetary policy
The National Bank of Denmark has published a thesis exploring some of the theoretical and empirical aspects of monetary policy and macrofinance.
Inflation outlook leaves scope for RBA cuts
Members of the Reserve Bank of Australia's rate-setting board saw no pressing case for further monetary stimulus but concurred that the inflation outlook left scope for cuts if required, the minutes of this month's policy meeting show
Financial regulation: the challenges ahead
n his farewell address, Rakesh Mohan, a deputy governor at the Reserve Bank of India, highlighted eight challenges for financial regulation in the years ahead.
IMF upgrades US outlook
The International Monetary Fund (IMF) believes that the United States economy will grow next year.
US output gap may be smaller than thought
That core inflation has fallen relatively little indicates that there is less slack in the American economy, and thus a smaller output gap, than standard estimates predict, research published by the San Francisco Federal Reserve posits.
Posen to join Bank's MPC
Adam Posen, a deputy director at the Peterson Institute, is to replace Tim Besley on the Bank of England's Monetary Policy Committee (MPC).
Sri Lanka softens forex restrictions
The Central Bank of Sri Lanka on Tuesday said it would relax foreign-exchange restrictions on banks after pressure on the rupee abated.
India names new deputy governor
Kamalesh Chandra Chakrabarty is the new deputy governor at the Reserve Bank of India.
Greece to study climate change
The Bank of Greece is to establish a group to study the economic impact of climate change.
What will Bric leaders discuss?
When leaders from the four biggest emerging-market economies meet in Russia on Tuesday and Wednesday, they will have plenty to talk about.
Obama wants Fed to monitor systemic risk - report
The US administration will reveal that it wants the Federal Reserve to regulate America's largest and most interconnected financial firms later this week, reports say.
Bank of Israel, fin min fall out over new law
The governor of the Bank of Israel has lashed out at what he sees as renewed attempts by the Israeli finance ministry to block the passing of a new central bank law.
Bank paper unveils new systemic-risk model
A paper published by the Bank of England on Monday has revealed a systemic-risk monitor that accounts for the relationship between liquidity risk and financial stability.
Latvia buys euros for first time since November
The Bank of Latvia bought euros for the first time in seven months last week after the lats gained on hopes that Riga would not have to devalue the currency.
Measuring financial stability
Difficulties in measuring financial stability should not delay the implementation of an operational framework, research published by the Bank for International Settlements (BIS) argues.
On how credit ratings are used
A report by the Joint Forum has uncovered several trends in the use of credit ratings by the official sector.
Risk deficiencies common to all
The financial crisis and ensuing recession have revealed deficiencies in risk management in both systemically-important financial firms and community banks, Daniel Tarullo, a governor at the Federal Reserve, has said.
Bank of Guyana - Annual Report 2008
Strong growth in the mining, engineering and construction industries boosted Guyana's economic performance in 2008, the latest Annual Report from the country's central bank reveals.