Official Record
UAE plans to launch CBDC by 2026
Fintech strategy aims for cashless society through digital transformation
PBoC injects more funds into banking system
Central bank keeps rate unchanged as it adds $29 billion of new one-year loans
US CPI inflation sees minor fall
Shelter costs were the largest contributor to inflation for the second month in a row
Bank of Uganda denies issuing warning on currency ‘bouquets’
Comms staff nevertheless urge Ugandans not to engage in “misuse of money”
BIS developing ‘Pyxtrial’ for systemic stablecoin monitoring
London Innovation Hub centre will investigate balance sheets and asset-liability mismatches
RBA and BoK lengthen swap deal
New swap agreement will be effective for five years
CBRT steps in with support for earthquake-stricken regions
Turkish central bank eases payment costs and credit conditions as rescue work continues
RBA makes ninth straight rise and forecasts more to come
Governor warns Australia will be slow to achieve its inflation target
Central banks should explain why losses are necessary – BIS paper
Policy goals sometimes necessitate losses but they need to be accompanied by clear communications
US jobs report comes in hot
San Francisco Fed president says the number is unsurprising
Saudi Arabia appoints new governor
Alsayari is promoted from vice-governor while Almubarak moves to royal court
Australia will not put king’s image on banknote
RBA says new design will honour indigenous people
Norway SWF suffers biggest losses since 2008
Norges Bank Investment Management reports negative return of more than $160bn
Colombia says tightening cycle may be nearing end
Central bank board splits 5–2 on 75bp rate hike
Global liquidity driven higher by derivatives and euro lending
BIS statistics show contraction in dollar lending to emerging and developing economies
Saudi Central Bank consults on draft banking law
Law’s goals include “enhancing banking secrecy” and improving depositor protection
Haiti receives $105 million emergency loan
IMF urges central bank to cut back monetary financing
Japanese inflation hits 41-year high
Inflation now double the BoJ’s target, but officials are not convinced it will last
Somalia plans to introduce new notes by 2024
Country has become dollarised since the collapse of the central government in 1991
South Sudan central bank orders pricing in pounds
Governor orders end to use of pricing in foreign currencies in private and public sectors
Nepal central bank prohibits overseas investments
Move follows import restrictions in 2022
Central Bank of Bahrain governor celebrates Binance launch
Expansion into gulf state comes as other crypto exchanges cut their workforces
Russia and Iran discuss joint gold-backed stablecoin
Digital currency would be used for foreign trade settlements in special economic zone
PBoC launches offline CBDC payments
Users can also conduct e-yuan transactions with 0% battery