Official Record
Brazil’s central bank continues sharp policy tightening
MPC increases key Selic rate by 100bp to 11.75%, as inflation reached 10.5% in February
Central Bank of Costa Rica accelerates tightening cycle
Larger rate hike comes as invasion of Ukraine adds to existing inflationary pressures
Armenian central bank hikes rate by 1.25 percentage points
Policy-makers choose “relatively large” rate hike despite hit to growth from Russia-Ukraine conflict
Riksbank activates wartime deployment for permanent staff
Swedish central bank aims to maintain key operations in an “increased level of preparedness”
US inflation continues ascent
CPI inflation reached new high of 7.9% in February
West African central bank denies devaluation
CFA franc has been pegged to European currency since establishment
Argentina suspends minting of coins
Global commodities inflation makes production too costly
Bank of Mauritius makes first rate hike in over 10 years
Inflation risk prompts policy-makers to begin gradual tightening cycle
Bank of Israel reserves decline on falling equities
Total reserves decline from $208.7 billion in January to $207.1 billion at the end of February
Polish central bank hikes main rate as it battles zloty weakness
Currency has fallen sharply since Russia’s invasion of Ukraine, adding to fears over high inflation
Hong Kong recovery expected to slow – IMF
Fund warns of risks including exposures to Chinese real estate and further supply disruption
SNB profits rise to $28.5 billion
Central bank reaffirms pledge to halt appreciation of the franc
Bank of Canada says software problem halted repo auction
Central bank says securities repo operations have now restarted
UAE central bank to 'Emiratise' finance sector
Measure will reserve 5,000 jobs for nationals by 2026
Bank of Canada raises policy rate
Hike marks end of ultra-loose policy imposed in response to Covid-19
Eurozone inflation reaches new record high of 5.8%
Energy inflation remains main factor boosting prices, at 31.7% in February
IMF and World Bank pledge Ukraine aid
Fund considering emergency loan and World Bank assembling $3 billion package
BoE consults on removing macro-prudential rule
Affordability test has drawbacks and may no longer be needed, given other tools, says FPC
Norwegian oil fund to divest Russian assets
Fund held equity investments in nearly 50 Russian companies, including Sberbank and Gazprom
Botswana cancels cheques
Banks will cease processing cheques from 2024
US regulators fine Pakistani state-owned bank
Central bank-owned NBP will pay more than $55 million for AML shortcomings
ECB says Sberbank Europe is close to collapse
Russian-owned bank likely to be unable to pay its debts “in the near future”, supervisors say
Bank of Mexico MPC minutes stress high core inflation
Core inflation increased by 6.2% in January and has risen for 14 consecutive months
Banks still falling short of final Basel III requirements
Basel Committee says some metrics seem to have been impacted by Covid-19