News
Corporate pandemic cash buffer is running low, finds research
The impact of monetary policy could grow as companies’ cash dwindles, Boston Fed paper says
Botswana president appoints new governor
Government gives no reason for replacing Pelaelo, who led central bank since 2016
Stablecoins more vulnerable to runs, say Fed researchers
Authors point out similarities with MMFs and warn about financial instability risks
People: South Africa deputy governor plans to resign
BCIE presidential race; Chile general manager leaving; and more
New Zealand to publish new monthly price data
Central bank says the new data will be valuable for policy-making
Currency Benchmarks 2023 charts
Take a deep dive into the Currency Benchmarks charts, which have just been released for 2023.
Bank of Israel holds rate as Gaza conflict continues
Central bank stresses Israeli economy remains stable, but predicts increased deficits
E-krona could boost competition and safety, say Swedish retailers
Riksbank analyses consumers and retail traders payment preferences
IMF economists build financial stress index for 110 countries
Text-based method allows economists to assess both duration and intensity of financial crises
Colombia’s Acosta says early cuts ‘a big risk’
Statement to Bloomberg contradicts wishes of president and much of business community
EU data protection bodies raise concerns about digital euro
EDPB and EDPS request central bank explain how it will process and protect data
Bank of Korea continues rate pause
Central bank cites ‘uncertainties’ in deciding to hold
Default fears loom over Country Garden
The Chinese developer reportedly missed a final deadline to repay $15.4 million in interest
Carstens: Regulatory performance during banking crises was ‘mixed’
BIS general manager emphasises role of supervision in preventing bank failure
CPMI seeks better governance of fast payment links
Committee embarking on project to build supporting framework for FPS links
Chile central bank acknowledges ‘very important depreciation’
Issue will feature at next week’s monetary policy meeting
UK researchers propose 3% inflation target and negative rates
Inflation stalls at 6.7% in September, the same figure as in August
Bank Indonesia resumes tightening to stabilise currency
Central bank to issue FX-denominated notes to attract capital inflows
EU council appoints Buch head of ECB’s supervisory board
German official will replace Andrea Enria on January 1 for a five-year term
Philippines’ Marcos pledges SWF will still go ahead
Government puts implementation rules on hold, but president says it will open by year’s end
ECB launches digital euro preparation phase
Phase includes CBDC rulebook and selection of providers, as well as testing
Argentine candidate promises opposition seats on BCRA board
Massa promises to renegotiate IMF loan as country heads to the polls on October 22
PBoC asks banks to roll over local government debt
Major lenders reportedly told to extend loans to local government financing vehicles at lower rates
DeFi could improve payments and settlement – BoC research
Inefficient legacy systems hamper the smooth completion of these operations