News

Virus in Bank of Thailand IT systems

The Bank of Thailand today yesterday warned all parties receiving information through its automatic system not to download any item from the website to avoid infecting their computers with a damaging virus.

Hackers penetrate Paraguay central bank website

On the morning of 27 November a group of "hackers"' again invaded the Paraguayan web sites of two banks, one of which was the central bank's, and one local media organisation.

Hungary PM asks Jarai to be central bank chief

In a widely tipped move, Hungary's prime minister, Viktor Orban, has asked minister of finance Zsigmond Jarai to head the National Bank of Hungary from March, when the six-year tenure of the current president Gyorgy Suranyi expires.

BOT governor urges changes to central bank statute

Bank of Thailand governor Chatu Mongol Sonakul has suggested that a statute be introduced to turn the central bank into a "constitutional body of parliament" similar to the Election Commission or the national Frequency Management Board.

Gerashchenko angry at MPs for changing auditor

Russian newspapers report on Viktor Gerashchenko's anger about the Duma's decision to ditch the central bank's auditor Price Waterhouse Coopers in favour of Deloitte & Touche.

Bank of France defends Duisenberg after MPs attack

Bank of France governor Jean-Claude Trichet sprang to the defence of Wim Duisenberg on Friday after a senior French parliamentarian blamed the European Central Bank chief for the euro's woes and urged him to resign.

New Czech central bank head faces political row

Czech President Vaclav Havel chose Zdenek Tuma as the country's new central bank governor on Friday, setting up a showdown between Tuma and the government over future interest rate policy.

Polish president debates new c.bank head next week

President Aleksander Kwasniewski will meet Poland's top three political parties next week to discuss candidates for the new central bank chief, opening the way for a parliamentary vote on the issue as soon as December 6-8.

Taiwan cenbank warns speculators of potential risk

Taiwan central bank's abrupt easing of its efforts to defend the Taiwan dollar against the US dollar in yesterday's late trading session, has wrong-footed both institutional and individual speculators who tried to take advantage from the central bank's…

Basis for unified payment system in Russia

In December, the Interagency Smart Cards Commission will present a draft plan for putting together a unified payment system in Russia. The system will be based on the payment system of Sberbank, and the clearance and cash center of the central bank will…

Heavy interest in seized Turkish banks

Turkey's banking watchdog on Friday said there is significant foreign and domestic interest in purchasing some of 10 banks with bad debts of $7bn that it has taken into receivership.

Kabila's Congo relaxes forex regulations

Democratic Republic of the Congo's central bank has eased restrictions on who can trade in foreign exchange and extended a list of transactions in which it can be used, state radio reported on Friday.

India's central bank urges state govts to reform

India's central bank on Friday urged the country's state governments to enact speedy reforms."As a result of financial sector reform, there are more stringent overall limits to fiscal expansion, impinging on both central and state governments," Reserve…

Gerashchenko wanted to keep PwC as auditors

Russia's lower house of parliament, the State Duma, Friday approved Deloitte Touche as the central bank's auditor for 2000, replacing PricewaterhouseCooper's. Speaking after the vote, central bank governor Viktor Gerashchenko said he had hoped to retain…

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