Articles by Rachael King
Staff cuts made at majority of central banks since 2013
But staff numbers grow at several banks, including ECB and Bank of England
Mozambique sources new payments IT provider after dispute
Payment dispute pushes central bank to speed up unification of payment systems; US-based firm chosen to supply computer system for interbank network
Podcast: Gender targets – friend or foe?
Officials from the ECB explain why gender targets, though controversial, are necessary to close the gender gap at central banks
Hong Kong’s new banknotes get design facelift
For the first time, the design of the notes will share a unified theme; the notes will not be printed on polymer due to security feature integration
Angola improves data transparency with new hub
Statistics deemed “critical” by the International Monetary Fund will be published in one place
Central banks turn to visual communication in 2018
More than 30 central banks started YouTube channels over the past 12 months, according to Central Banking Directory 2019; Bank Indonesia retains Twitter titles
Sarb says new interest rate benchmarks may be calculated with ‘actual’ transactions
Current benchmark rate based on flawed market data, South African central bank says
IMF urges Bank of Papua New Guinea to depreciate currency
Fund offers words of warning to island nation over exchange rate woes
Beyond payments: central bank digital currency
The issuance of central bank digital currencies, such as Sweden’s proposed e-krona, could facilitate monetary policy beyond the zero lower bound
Cyber resilience hinges on collaboration, Nordic central bankers say
A decline in cash usage means Nordic economies cannot rely on it as a backstop when systems fail; preventative measures must be cost effective, says Norwegian deputy
Smaller banks struggle in Danish stress tests
Non-systemic lenders fall short by almost $100 million; even with intervention creditors could suffer losses, central bank says
No-deal Brexit could hit UK harder than global financial crisis, BoE says
Latest analysis from the UK central bank says growth could plummet 8% in the event of a no deal
Stress tests show major UK banks should withstand ‘disorderly Brexit’ – BoE
All large UK banks surpass risk-weighted capital and leverage hurdle rates
Podcast: More women, greater stability?
Recent research from the International Monetary Fund reveals the inclusion of women in supervisory roles has a significant impact on financial stability
Interview: Clair Mills on the meaning of fintech
The Bank of England’s head of change and data management discusses why fintech is so important for a financial sector going into uncharted territory
Mozambique’s payment system provider cuts off service
BizFirst says it has not been paid by the banks or the country’s central bank for use of its software
Political angst affecting the exchange rate, says Bank of Mexico
Central bank hikes rates to 8% as political decisions begin to take a toll on financial market
Lagarde urges central banks to consider CBDCs
IMF chief sees obvious benefits to central bank digital currencies, but design is crucial
Central bank collaboration on CBDC warranted, says Bank of Israel official
Report rules out CBDC in Israel for now, but central bank will be watching Sveriges Riksbank closely as it launches prototype
People: Former Malawian governor dies
Mathews Chikaonda served as governor in the 1990s; new senior appointments made at the BIS; and more
EU offers Iran sanctions relief with new clearing house
Iran retains access to Swift network despite US sanctions, but new clearing house could provide permanent loophole
Basel rules force small countries to face irrelevant risks – Bahamas governor
Stress-testing parameters irrelevant for many small jurisdictions, Rolle says
Podcast: Are women better risk managers?
Rachael King speaks with senior portfolio manager Vaithegi Naidu to find out why women are attracted to reserve management
Bank of Jamaica seeks comms boost from first social media foray
Central bank joins Twitter to aid communication around economic reforms