News

Bank of Italy calls for action on usury ruling

Italy's central bank called for the government to take urgent action to soften the impact of a court ruling that could force banks to pay as much as 50 trillion lire to consumers who paid too much interest on home loans.

Bangladesh Bank to increase forex reserves

Bangladesh Bank, the country's central bank, has launched a vigorous move to replenish the country's emaciated foreign exchange reserve by relaxing its regulation on remittances, the United News of Bangladesh reported on Tuesday.

House okays new Philippines Central Bank Act

The Philippines House of Representatives approved on second reading Tuesday evening, a measure introducing amendments to the Central Bank Act. Representatives said the new Central Bank Act would improve the Bangko Sentral's effectiveness and strengthen…

Irish hoarding of coins poses euro problem

The image of the Irish hoarding their untaxed earnings under the mattress may be apocryphal, but a study published on Monday estimated that as much as I£30m (E38.1m) in coins may be kept in jam jars, glass bottles, biscuit tins even in shoe boxes.

Broaddus says US economic outlook extremely cloudy

A Federal Reserve policymaker said Monday the US economic outlook is growing increasingly murky but he said he remains confident the economy will avoid a recession or an inflation outbreak the coming months.

Former Ukraine bank governor under investigation

An investigation into the alleged misuse of funds by the former first deputy chairman of the National Bank of Ukraine, Volodymyr Bondar, is under way, Ukrainian television's Third Programme reported.

Hungary cenbank council may become dysfunctional

The supervisory board of the National Bank of Hungary is concerned that the central bank council may become unable to function and make decisions after 20 February 2001, according to the daily Vilaggazdasag.

Czech govt recognises Tuma as c.bank head-for now

The Czech government agreed on Monday to recognise last week's appointment of Zdenek Tuma as the country's central bank governor for the time being, easing tensions over the naming by President Vaclav Havel last week.

Lawyers dispute over PM's decision on new CNB head

The possibility that the appointment of the new Cezch central bank governor must be blessed by the prime minister has given rise to disputes among experts, who are not able to reach agreement on whether the counter-signature of a cabinet member is…

Fed helps Bank with rate study

The Bank of England, the UK central bank, has commissioned an investigation by a senior official of the US Federal Reserve to assess the way it sets interest rates, says an article in today's Financial Times.

Ukraine c.bank sees hryvnia steady near-term

Ukraine's fragile hryvnia currency is likely to remain steady in the next two months, backed by stronger demand ahead of the year-end, Serhiy Yaremenko, the head of the central bank currency regulation department, said on Thursday.

ECB leaves all key interest rates unchanged

The European Central Bank kept all of its three key short-term interest rates unchanged Thursday.The decision was expected by the market, as past rate hikes - already six this year - have yet to feed through into the real economy, and the ECB will want…

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.