Governance
Sudanese central bank attempts to tighten finances as crisis deepens
No replacement announced for late governor, who died in June
Israeli PM considers former Argentine head as possible governor
Mario Blejer met with Israeli prime minister and finance minister, local newspaper reports
Central Bank of Myanmar governor reappointed
The 79-year-old junta-era official will lead the central bank until 2023, but some observers see him as an obstacle to change
RBNZ HQ closes for three months after renewed asbestos scare
Around 200 RBNZ employees are again displaced from the Wellington office, following a similar evacuation in May
Right-wing commentator appointed to RBI board
Swaminathan Gurumurthy has been critical of the RBI in the past
People: China names new vice-governor
China appoints Liu Guoqiang as vice-governor; MAS establishes governance council, Ireland’s central bank gets new director for supervision; and more
Somalia central bank begins global search for new governor
Central bank looks for suitable candidate to continue major reforms, as country attempts to recover following decades of conflict
Central bank deputy arrested as Iran grapples with forex crisis
Vice governor in charge of forex has been “arrested and sent to jail”, state media reports
Book notes: Till Time’s Last Sand, by David Kynaston
Kynaston allows readers to develop their own understanding of how the BoE has had to refind its place in a country where the political system has migrated from commercial republic to full-franchise democracy
Bank of England forms new enforcement committee
Six-member committee will rule on contested enforcement cases
Ghanaian governor accuses failed banks of malpractice
Ernest Addison says some banks used “pretence” and shareholders took large sums
People: Bank of Spain governor nominates new deputy
Governor nominates first female candidate to deputy role; central banks in Colombia and Seychelles get new board members; IMF appoints new legal head
Malaysia appoints new SWF board after mass resignation
Mahathir puts BNM ex-deputy on Khazanah’s board as fallout from 1MDB continues
NZ parliament formally launches central bank review bill
The bill is now at the select committee stage, which usually takes around six months
Podcast: LSE’s Ilka Gleibs discusses the psychology behind diversity
LSE professor discusses why people need to stop blaming women’s behaviour for a lack of diversity within economics and central banking
Maldives targets forex shortage with new strategic plan
Central bank wants to tackle dollarisation and forex shortages, and may shake up governance
IMF calls for Guinea central bank to cut government financing
Central bank must build up currency reserves and follow rule-based intervention strategy
South African governor warns against nationalisation
Call comes as Sarb’s senior lawyer accuses government ombudsman of lying under oath