Central Banks
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
North Korea issues coupons instead of cash
Experts say closing of Chinese border due to Covid-19 may have halted banknote production
Indian government reappoints Das as governor
Das gets new three-year term, as economy rebounds from Covid shock
BoK examines policy tools to tackle climate change
Central bank pledged to increase purchase of ESG-compliant products for reserve portfolio
People: IMF deputy managing director to leave
Mitsuhiro Furusawa to depart IMF; Brazil and Costa Rica to appoint board members; and more
Interoperability of stablecoins
Central bank reserves could be a better option for backing stablecoins than Treasuries, say Manmohan Singh, Caitlin Long and Charles Kahn
BoJ cuts inflation outlook to zero as it holds rates
Producer price inflation in Japan is at a 13-year high, but CPI inflation lingers around zero
Lagarde acknowledges high inflation pressures
ECB keeps stimulus unchanged and insists inflation will decline during 2022
Saudi Arabia boosts Pakistan’s reserves
Package from Saudi development fund comes as Pakistan’s balance of payments issues ease
Senators introduce Fed ethics law
Democrats’ proposals would put board’s ethics rules on statutory footing and impose fines
Brazil makes largest rate hike in decades on fiscal concerns
Inflation continues to grow, as mid-month reading hits 10.3% in October
People: BoE and Sama governors appointed to chair FSB committees
IMF’s Georgieva nominates new CIO; former El Salvador governor dies
Is Powell still on track for second term?
Despite scandals and vocal criticism, support still looks likely to outweigh opposition
Financial Stability Benchmarks 2021 report – executive summary
Findings on financial crime, banking stability, macro-prudential tools, decision-making and future risks
Approaching green central bank balance sheets
Climate-friendly balance sheets come at a ‘greenium’, panellists argue at a roundtable at Central Banking’s Summer Meetings, in collaboration with Invesco.
Reserve Benchmarks 2021 report – in search of liquidity
Insights on portfolio management during the Covid-19 shock, staff and technology adaptation during the crisis, and the rise of green bonds as a reserve asset
Microfinance still key to inclusion despite flaws – RBI deputy
Excessive debt and “coercive recovery practices” demand reform, says Rajeshwar Rao
Nordic central banks stress limits to tackling climate change
Central banks face challenges in greening reserves management and monetary policy
Bank of Canada ends QE
Inflation proving “stronger and more persistent than expected”
BSP governor sides with ‘team transitory’ as inflation stays high
Philippine inflation averaged 4.5% during the first nine months this year, well above target
Namibia plans sovereign wealth fund
Mining and energy revenue will support new entity