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Renminbi's exchange-rate impacts China's trade
China's trade balance is sensitive to fluctuations in the renminbi's real effective exchange rate, new research from the Bank for International Settlements posits.
National Bank of Romania - Annual Report 2007
Two-thousand-and-seven was a challenging year for Romanian economy, the country's central bank notes in its latest Annual Report.
France bails on Sepa Direct Debit
The French National Single Euro Payments Area (Sepa) Committee, set up and chaired by the Banque de France and the French Banking Federation, has opted to delay the implementation of Sepa direct debit by a year to November 2010.
Brazil slows pace of easing
The Central Bank of Brazil cut its key interest rate for the third time this year to a record low of 10.25% on Wednesday.
Central banks partly to blame: UK MPs
Though banks were ultimately culpable, central bank must acknowledge a share of the blame for the financial crisis, an influential group of British lawmakers has said.
ECB's Bini Smaghi: credit easing won't work for us
Unconventional policy measures that would best suit the euro area are likely to differ in terms of scope and depth from those in the United States or other advanced economies, said Lorenzo Bini Smaghi, a member of the European Central Bank's (ECB)…
Swine flu panic over at World Bank
The World Bank has said that employees could return to work on Friday after none of the staff exposed to a colleague thought to have contracted swine flu exhibited any symptoms.
Guyana set to take on insurance role
The Bank of Guyana's regulatory ambit may expand to include the state's insurance industry if legislation tabled by the government on Thursday is passed.
Roubini praises Geithner
Nouriel Roubini, the economist most often identified as having predicted the crash, has complimented Tim Geithner for his performance as the United States treasury secretary and as head of the New York Federal Reserve.
Canada's mortgage market imperfectly competitive
Canada's residential mortgage market is imperfectly competitive, a paper published by the country's central bank posits.
Basel II won't ward off systemic threat
Risk-based capital regulation is inadequate for protecting the financial system as a whole, research published by the Dallas Federal Reserve reveals.
Bangladesh Bank - Annual Report 2007-2008
The Bangladeshi economy expanded at a satisfactory pace during the 2008 financial year despite a number of natural disasters, notes the latest Annual Report from the country's central bank.
NZ to keep rate at record low until end of 2010
The Reserve Bank of New Zealand followed the Bank of Canada's lead on Thursday and said it was likely to keep its benchmark rate at or below its current record low of 2.5% until the second half of 2010.
BIS stats highlight extent of capital flight
Data posted from the Bank for International Settlements (BIS) on Wednesday provided fresh evidence for the doom-mongers on central and eastern Europe, and went some way to explaining recent movements in exchange rates.
SA expected to continue easing after 100bps
The South African Reserve Bank acted in line with market expectations on Thursday by cutting 100 basis points off its main rate - a move which it is now forecast to repeat in May after the governor signalled the economy was in recession.
Israel at odds with major bank over CEO role
The Bank of Israel has criticised the state's second-largest bank for the lender's hasty appointment of a new chief executive.
Trichet says shush on possible new tools
Jean-Claude Trichet, the president of the European Central Bank (ECB), has said that the Governing Council's omerta on interest rates a week before meetings must be extended to include possible additional tools that may be announced next Thursday.
Research puts a price on systemic threat
Research from the Bank for International Settlements (BIS) estimates that the cost of insuring against steep losses at major American banks had increased to up to $250 billion as of July 2008.
Turkey on target to meet price goals
The Central Bank of Turkey believes it is on course to meet its inflation targets for the next three years.
Fed's Braunstein on financial-literacy efforts
Sandra Braunstein, the director of the division of consumer and community affairs at the Federal Reserve, has detailed to lawmakers the work of the central bank on financial literacy.
Lamfalussy: the college years
The National Bank of Belgium has published a working paper analysing the work of the young Alexandre Lamfalussy.
Rate pledge already benefiting us: Canada's Carney
Mark Carney, the governor of the Bank of Canada, has said that the central bank's unprecedented promise to hold rates at record lows until at least June 2010 was already having a positive effect on credit conditions in Canada.
Fed stress tests may reveal need for more capital
Shares in Citi and Bank of America, two of the United States's biggest banks, were hit on Tuesday after reports emerged that the Federal Reserve would require them to hold more capital as a result of the central bank's stress tests.
More transparency on Maiden Lane
The New York Federal Reserve on Wednesday disclosed further details of the assets held as collateral for the central bank's loans to Bear Stearns, a now-defunct investment bank, and American International Group (AIG), a beleaguered insurer.