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Senior PNG officials shift roles
The Bank of Papua New Guinea has altered its management structure in a bid to enhance efficiency.
Fiji launches "smaller, thinner, lighter" coins
The Reserve Bank of Fiji completed its currency reform with the unveiling of new 5, 10, 20, 50 cent and $1 coins at a ceremony on Thursday.
Swiss cut rates on gloomy growth forecast
The Swiss National Bank (SNB) has cut its benchmark target range by a further half a point and said that it expects the economy to contract by up to 1% next year.
Fed floats bond issuance
The Federal Reserve is considering issuing its own bonds as a means to absorb the liquidity with which it has flooded markets as well as for fundraising purposes.
South Africa begins loosening cycle
The South African Reserve Bank has cut its key rate from a five-year high and indicated it has room to ease further in the coming months.
ECB's Bini Smaghi on the financial crisis
Blaming the current crisis on the United States might be tempting but would be a mistake, said Lorenzo Bini Smaghi, a member of the executive board of the European Central Bank (ECB).
Lessons of Northern Rock
A paper from the Bank of Finland analyses the failure to stop the run on Northern Rock and considers what should be done to help prevent the recurrence of such episodes in the future.
What makes for financial competitiveness?
Price competitiveness, stable inflation rates and registered patents have a positive impact on an index of financial competitiveness, calculated in research from the Bundesbank.
What's behind the fear of intervention?
Central banks' unwillingness to defend their currencies' value through foreign-exchange intervention despite abundant dollar reserves highlights a fear of intervening. Such a fear should lead central banks to review why they hold reserves, says Ousmene…
Mexican price spike compounds rate dilemma
Inflation jumped almost half a point in November to more than twice the Bank of Mexico's target adding to policymakers' woes ahead of the next rate decision slated for mid-January.
Bank Indonesia's Dutch arm bankrupt
Boediono, the governor of Bank Indonesia, has acknowledged that Indover, a unit of Indonesia's central bank based in the Netherlands, is heading for bankruptcy after a local court approved an application for receivership.
Fed "extremely reluctant" to bail out Detroit
Ben Bernanke, the chairman of the Federal Reserve, has indicated that the central bank would be extremely reluctant to prop up Detroit's ailing big-three car companies.
Bank's City ambassador gets the nod for deputy
Paul Tucker, the executive director responsible for markets at the Bank of England, will replace Sir John Gieve as the deputy governor responsible for financial stability.
NZ's Bollard tells business to pitch in
Alan Bollard, the governor of the Reserve Bank of New Zealand, on Wednesday urged businesses to cut prices so that the central bank can keep rates low.
Commodity price rises don't spur core inflation
Spikes in commodity prices have tended to have a muted impact on core inflation in recent years, a paper published in the latest of the Bank for International Settlements' Quarterly Review has found.
India cuts to two-and-a-half year low
The Reserve Bank of India has slashed rates by 100 basis points in a bid to shore up rapidly flagging growth.
Bankers get to put pressure on Bernanke & Co
An American company is giving Wall Street bankers the chance to squeeze Ben Bernanke, Alan Greenspan and Hank Paulson by immortalising the three figureheads of US finance in the form of stress balls.
Ex-Fed staff divided on leaning against the wind
Four former senior Federal Reserve officials have offered four differing slants on one of the most hotly-debated topics in central banking.
Canada in recession as rates cut to 50-year low
The possibility of a slump "broader and steeper than previously anticipated" sparked the Bank of Canada's decision to slash its key rate to its lowest level since 1958.
Danish governor on forthcoming funds
The National Bank of Denmark will operate a new temporary facility from early next year to supplement Danish banks with financing capital, said Nils Bernstein, the governor of the central bank.
Japan's Shirakawa on cross-border collateral
A new framework for central banks' operations where domestic currency is supplied against foreign-currency-denominated collateral should be considered in the near future, said Masaaki Shirakawa, the governor of the Bank of Japan.
Indian governor on reducing global imbalances
If easy, quick and unconditional international liquidity was provided during a crisis, then emerging economies may not need to insure themselves by foreign reserves accumulation, said Duvvuri Subbarao, the governor of the Reserve Bank of India.
Co-movements highlight policy stance
Low-frequency co-movements between inflation and money growth, and short-term interest rates and money growth shed light on a central bank's monetary policy stance, states a paper from the Bank of England.
Would-be investors scarred by banking crises
Systemic banking crises have a severe impact on behaviour, finds a new paper form the Chicago Federal Reserve.