News
Meyer exits, search for Fed candidates gains pace
FEATURE - The departure of prize-winning economist Laurence Meyer from the Federal Reserve has given added urgency to the need to fill two empty seats on the board at a key juncture in the U.S. economy.
IMF News Brief
NEWS BRIEF - IMF's Kohler Welcomes Remes Visit, says IMF Working Closely with Argentina, 8 February.
IMF's Krueger interviewed on the Argentina crisis
FEATURE - A Commentary by Anne Krueger, First Deputy Managing Director, International Monetary Fund, El Pais, 18 January.
Russian Duma turns down precious metals coins bill
RUSSIA - Russia's State Duma, the lower chamber, turned down Friday a bill allowing circulation of coins made of precious metals as the legal tender along with the banknotes and coins issued by the Central Bank of Russia, or CBR.
Duma approves recommendations for auditing c bank
RUSSIA - The State Duma of the Russian Federation approved recommendations for auditing Central Bank's activities in 2001.
Kazakh president praises central bank chief
KAZAKHSTAN - President of Kazakhstan Nursultan Nazarbayev has sharply criticized national companies. "National companies have turned into feudal principalities and their leaders into princelings," Nazarbayev told the Cabinet on Thursday. But the…
Greek c banker Papademos may replace Noyer
GREECE - Greek central bank governor Lucas Papademos is emerging as a frontrunner to become the European Central Bank's next vice president, European Commission and Greek government sources said Thursday.
EU wants central banker to follow Duisenberg
GERMANY - The European Parliament doesn't want a politician to succeed Wim Duisenberg as president of the European Central Bank, a newspaper reports.
Place your bets - Eddie George for ECB president
GERMANY - The governor of the Bank of England may be cautious about joining the euro currency club, but he already stands a slim chance of becoming its next president, according to spread betting firm Financial Spreads.
Duisenberg to leave ECB in July 2003
EUROPE - Wim Duisenberg, the Dutch president of the European Central Bank, is to resign next year.
Bank of England keeps UK rates on hold
UK - The Bank of England has kept interest rates on hold following its latest rate-setting meeting.
US stimulus package fails
US - A US economic-stimulus package is all but dead after two votes in the Senate that failed to pass either version of plans crafted by Democrats and Republicans.
Argentina halts currency trading
ARGENTINA - The Argentine Government has extended the closure of banks and foreign exchange centres until 11 February, giving the market more time to prepare for a full flotation of the peso.
ECB Press Conference
PRESS CONFERENCE - Introductory statement, Willem F. Duisenberg, President of the European Central Bank, Christian Noyer, Vice-President of the European Central Bank, Maastricht, 7 February.
Eurozone interest rates unchanged
EUROPE - The European Central Bank (ECB) has left its key interest rate unchanged at 3.25%.
ECB Press Release
PRESS RELEASE - European Central Bank, Monetary Policy Decisions, 7 February.
ECB Press Release
PRESS RELEASE - Presidency of the European Central Bank, 7 February 2002.
Bank of England - News Release
NEWS RELEASE - Bank of England Maintains Interest Rates at 4.0%, 7 February.
Eighteen months of agony for ECB hopeful Trichet
FEATURE - As Wim Duisenberg announces the date when he will step down Bank of France Governor Jean-Claude Trichet has 18 months to fulfil France's dream that he will take Duisenberg's seat as president of the European Central Bank, the most powerful…
UK aids Czech laundering fight
UK - Britain is advising the Czech Republic on drawing up anti-money-laundering legislation and improving its financial controls as part of a EU-funded programme to be launched in Prague today.
China accord on how to oversee banks
CHINA - China yesterday, Wednesday, put to rest months of divisive debate on whether a separate supervisory body should be set up to oversee its banking system, deciding that a new bureau within the existing central bank would be sufficient to do the job…
BoE most transparent G7 central bank - economists
UK - The Bank of England is the most transparent central bank among the world's leading economies, according to a new ranking devised by two European economists.
Swedish Riksbank to publish intervention details
SWEDEN - Sweden's Riksbank, proclaiming greater openness than other central banks, said on Wednesday it will publish regular details of any currency intervention in future, formalising a practice introduced last summer.
Latvia parlt vote on cbank deputy head seen 14 Feb
LATVIA - A Latvian parliament commission said on Wednesday it approved financier Andris Ruselis as the candidate for the post of the central bank deputy president, with the parliament vote seen on 14 February.