Central Banks
Raised ink main banknote feature for visually impaired
Different banknote sizes used by over 70% of respondents
Fed pulls trigger on taper
Fed begins phasing out QE at initial rate of $15 billion per month
Carney says over $130 trillion of capital now pledged to net zero
But rich countries admit they have fallen short of net zero financing goals
RBNZ seeks greater collaboration on cyber incidents
New response team was established following September cyber attack
China rolls out loss-absorbency rules for systemic banks
China to follow FSB standard, telling G-Sibs to build buffers worth 18% of risk-weighted assets
Time to stop handing out the pills: the great QE detox
We are facing a serious inflation threat that will test the resolve of central bankers, writes Jagjit Chadha. Central banks must reduce their reliance on QE. But how?
UAE central bank announces new cyber security centre
Gulf state saw huge increase in cyber attacks in 2020
Three in 10 currency departments have a climate strategy
Around half of central banks recycle banknotes but few measure their carbon footprint
RBA drops yield curve control
Lowe acknowledges messy market conditions after yields broke free late last week
UAE partly decriminalises passing bad cheques
New law meant to encourage recovery, justice and more modern forms of payment
US regulators call for new stablecoin regulations
Working group wants issuers to be insured and regulated like banks
Mobile money was ‘crucial’ for low-income countries during the pandemic – IMF
Data shows mobile and internet banking transactions grew for all income levels
Transactional cash usage ebbs and flows in response to Covid-19
The proportion of payments made in cash ranged from 3% to 88%
‘Say what?’ Trust in central bank communications
Central banks are changing how they communicate with different audiences, but judging the success of these communication efforts is difficult
Saudi Arabia gives $3 billion to Egyptian central bank
Donation is pandemic aid, and follows similar deposit with Pakistan central bank
Centralised climate change teams crucial, central bankers say
As COP26 begins, central banks are focusing on improving governance of their climate actions
Zimbabwe’s central bank hikes rates to 60%
Resurgent inflation pressures force inflation to 54% while exchange rate weakens
Eurozone inflation expected to hit 4.1% in October
Figure would be joint highest reading since the single currency was introduced
Colombia continues tightening monetary policy
Central bank board unanimous on raising rates, but splits 5–2 on size of increase
Azerbaijan authorities order 50bp hike
Price deregulation and global factors lead list of inflation drivers
Currency managers fighting counterfeits with new security features
Availability of sophisticated printers see counterfeits continue to rise
IMF knew Lebanese central bank had $4.7 billion shortfall in 2015 – Reuters
Officials said central bank had net negative assets due to claims by commercial lenders, report says