Reserves
Risk deals unrestricted in Latvia
LATVIA - The Latvian Finance and Capital Market Commission on 28 September lifted previous restrictions on Latvian bank's risk deals with residents of Estonia and Lithuania, reported the commission.
Australia RBA undertakes 2nd round of dealing
AUSTRALIA - The Reserve Bank of Australia said Friday 28 September it will undertake a second round of dealing in the money market in order to improve liquidity.
Japan eases Pakistan debt burden
PAKISTAN - Pakistan is to get over half a billion dollars in debt rescheduled by Japan, in recognition of its move to back the global "fight against terrorism".
S Africa ctrl bk may move against Rand speculators
SOUTH AFRICA - Tito Mboweni, South Africa's Reserve Bank governor may move to stamp out the use of local finance to fund speculative attacks against the rand, the daily Business Day newspaper reported Friday 28 September.
Russia gov't lifts restrictions on bank bond issue
RUSSIA - Deputy Prime Minister and Finance Minister Alexei Kudrin reported that on 27 September the government decided to lift restrictions on the issue of Central Bank bonds.
Japan's finances questioned
JAPAN - Japan's ability to repay its sovereign debts has been questioned by a leading international credit rating agency.
Pakistan wins IMF cash
PAKISTAN - The International Monetary Fund has approved a $135m cash injection into Pakistan, in a further sign of the country's strengthened relations with Western states.
Swiss central bank to sell 283 tonnes of gold
SWITZERLAND - Swiss central bank Schweizerische Nationalbank (SNB) has announced that it plans to sell a further 283 tonnes of gold by end September 2002.
Pakistan on course for further IMF funds
PAKISTAN - The International Monetary Fund yesterday, Monday 24 September, said Pakistan was on track for a fresh lending package, but played down its size and denied it was connected to the campaign against terrorism.
Pakistan's exchanges re-open
PAKISTAN - Pakistan's stock markets fell steeply when they resumed trading on Monday 24 September after being closed for a week.
ECB puts yen under pressure
EUROPE - The European Central Bank (ECB) has intervened in the foreign exchange markets, buying euros and selling yen, in an attempt to weaken the Japanese currency.
Safe-haven currencies and bonds gain, stocks slide
EUROPE - Safe-haven currencies and government bonds gained today, Friday 21 September, as jittery investors pulled out of volatile equities, spooked by last week's terrorist attacks in the US.
History of central bank intervention
UK - Following is a chronology of intervention in foreign exchange markets by central banks from major industrial nations on the dollar, the yen, the German mark and the euro.
Pakistan c bank assures liquidity to money market
PAKISTAN - State Bank of Pakistan, the country's central bank, will keep the money market liquid to alleviate any outflows from a treasury-bill auction today, Wednesday, and nervousness from events in Afghanistan, a senior official said Wednesday 19…
Bank of Japan told to ease liquidity
JAPAN - Masajuro Shiokawa, Japan's finance minister, yesterday, Sunday 16 September demanded that the Bank of Japan implement more monetary easing to combat any possible economic downturn as a result of last week's terrorist attacks.
Banks voice opinion they will ride out the turmoil
UNITED STATES - Banks were quietly confident yesterday that they could survive the financial market implications of Tuesday's attacks.
Dlr swap seen as more than a confidence measure
UK - In another move to ensure market liquidity, central banks Thursday 13 September established swap facilities to alleviate the tight dollar market in Europe - a move welcomed by the financial industry.
Terrorist attack - Bank of Japan statement
PRESS RELEASE - Statement by the governor
Terrorist attack - Bank of England statement
NEWS RELEASE - Statement
Attacks lift oil and gold prices
GOLD - Crude oil and gold bullion prices have lost some of the sharp gains seen immediately after the devastating terrorist attacks in the US.
Belarusian c bank's reserves 280m dollars, 10 tons
BELARUS - The gold and hard currency reserves of the National Bank of Belarus currently total 10,016 kg of gold and 280m dollars.
Argentines flow cash back into banking system
ARGENTINA - Argentine depositors are returning money to the financial system, reassured by the recent decision of the International Monetary Fund to lend the country a further US$8-billion.
Shiokawa to discuss forex with O'Neill
JAPAN - Although the government wants a weaker yen to accompany the Bank of Japan's easy monetary stance, it is hard to intentionally drive currency rates, Japanese Finance Minister Masajuro Shiokawa said today, 5 September.
Kazakh bank boss cuts beard as deposits top $1 bln
KAZAKHSTAN - Kazakh central bank boss Grigory Marchenko shaved off his beard on Wednesday, 5 September, - fulfilling a vow to sacrifice his whiskers once private deposits in Kazakh banks topped $1 billion, Reuters reports from Almaty.