Central Banks
Philippines central bank calls for urgent reform of secrecy law
Financial industry says current law attracts money launderers as governor demands change
Canada records highest inflation since 2011
House prices help drive figures up, as inflation becomes campaign issue in election season
RBI launches financial inclusion index
Metric based on 97 indicators designed to assess access, usage and quality of financial services
Mexican president demands IMF assets from central bank
Governor rejects proposal and former presidential ally says it would be legally impossible
Less chance of “taper tantrum” in emerging markets – Dallas Fed paper
Emerging markets have larger dollar reserves to meet financing disruptions
RBA governor dismisses calls for policy review
Opposition politician criticises central bank for frequently missing inflation target
The renminbi’s rise to prominence: focus report 2021
Central Banking explores the impact the addition of the renminbi to the SDR basket has had on internationalising the Chinese currency; central bank reserve managers share their views on including the renminbi in their portfolios; and we take a look at…
Majority of retail payment systems lack real-time processing and settlement
Over half of RPSs in emerging market economies were owned by central banks, but in advanced economies this fell to less than a quarter
Bank dividend suspension proved effective – ECB
Lenders that reduced distributions increased both provisions and lending to the real economy
Taliban unlikely to gain immediate access to most DAB assets
Likely asset freeze and fall in currency may lead to hyperinflation, analyst warns
Covid case halts RBNZ rate hike plans
Central bank had been expected to raise rates but lockdowns signal further uncertainty
Uruguay raises policy rate 50 basis points
Move is first time central bank has raised rates since readopting a policy rate last year
Bank of Thailand calls for additional $30 billion borrowing
Debt totalled 54% of GDP by June, putting pressure on the 60% ceiling
How we can improve gender diversity in economics
Mary Suiter and Oksana Leukhina say gender diversity in economics must be championed
Majority of central banks charge RTGS usage fee
Annual cost of running RTGS systems ranged between $35,000 to over $16 million
Afghan governor flees country as Taliban seize Kabul
Some former officials manage to leave Kabul while sources say others remain in country
Eurozone returns to growth in Q2
Employment increases, but economic expansion is uneven across economies