Central Banks
Nigeria needs more reserves and better inflation controls, says Fitch
Nigeria will need to further increase the size of its foreign exchange reserves and keep inflation in closer check if it wants to secure investment-grade status by 2020, says Fitch
Markets start to price in QE3 following Bernanke speech
Equity prices rise and dollar eases as markets interpret Federal Reserve chairman’s comments as signalling increased likelihood of further quantitative easing
OECD’s Gurría wants ‘mother of all’ firewalls in Europe
OECD secretary-general demands expansion of emergency funds available to struggling eurozone sovereigns; wants monetary conditions to remain ‘supportive’
Bank of Israel forecasts higher growth and inflation in 2012
Central bank says improving global conditions are the major driver as inflation and growth expectations in Israel are revised upwards
Zambia plans to start printing new currency by May
Bank of Zambia announces printing, minting and distribution of new banknotes and coins will be under way by May 2012
Richmond Fed paper highlights benefit of debt ceiling
Fed research finds governments can see improvements in fiscal positions when utilising debt ceiling targets
IMF's Shinohara airs concerns over slowing Asian growth
Weak demand in Europe and US has potential to harm growth prospects for Asia, says IMF deputy managing director
Elderfield wants to see investment not new debt in banking sector
Operational flexibility provided by investment is crucial for banking sector in future, says deputy governor of the Central Bank of Ireland
Draghi applauds team effort on euro turnaround
ECB president says every institution in the eurozone contributed to turnaround witnessed since November; warns there is more to be done
Riksbank chooses new deputy head of monetary policy department
Christina Nyman becomes deputy head of monetary policy department; will lead the work of preparing the Riksbank’s Monetary Policy Report
Central bankers debate loose monetary policy impacts and exit plans
Masaaki Shirakawa, Christian Noyer, Jean-Claude Trichet and John Gieve highlight the challenges of super-loose monetary policy; Cœuré says ECB has LTRO exit plan
Bank of Canada celebrates new $50 note entering circulation
New note is second in series of polymer banknotes for Canada; first to be made available via automated banking machines
ECB allows eurozone central banks to veto collateral
ECB says central banks in member countries can refuse bank bonds guaranteed by governments of countries involved in EU/IMF bailout programmes as collateral
Norway SWF manager surveys companies’ social and environmental risks
Norges Bank Investment Management assesses the social and environmental reporting levels of companies the sovereign wealth fund has invested in or is considering investing in
Kuwait selects new governor from outside country's ruling family
Mohammed Al-Hashel takes over as governor; has been acting governor since Sheikh Salem Abdul Aziz Al-Sabah’s resignation last month