Official Record
BoC announces new securities lending programme
Move is consistent with BIS recommendations, central bank says
BIS stats show surge in cross-border lending during pandemic
Most of the money flowed to advanced economies and offshore centres, BIS says
Hungary’s central bank to start buying government securities
Central bank notes monetary policy has fallen short and cuts interest rates to a new low of 0.6%
Banque de France names CBDC partners
HSBC and Euroclear among firms chosen to take part in CBDC experiments that include improving cross-border payment infrastructure
ECB expands euro repo network
Albania and Serbia join Covid-19 liquidity backstop
Jamaican central bank seeks CBDC partner
Central bank opens sandbox to CBDC development in hopes of increased financial inclusion
Fed expands ‘Main Street’ facility to serve non-profits
New loan options and wider eligibility to support credit flows to charities, hospitals and universities
FCA launches new digital sandbox
Project will give firms access to “high-quality datasets” to test new technology
Canada holds rates as governor warns of “long climb out”
Governor says interest rates will stay “unusually low” as central bank forecasts GDP fall of 7.8%
Chilean MPC says it will keep stimulus in place
Central bank says credit supply is weak despite emergency liquidity package
Bank Indonesia cuts rate to record low
Central bank cuts rate for fourth time in 2020 as inflation hits lowest point in 20 years
Bank of Canada sees economy enter ‘recuperation’ phase
Central bank keeps government bond purchases at minimum C$5 billion ($3.7 billion) a week
Mena region leans on exchange rates to weather pandemic
IMF says central banks in the region have intervened in the market more than any other region
Cash issuance in Botswana balloons 18% in 2019
Annual report shows banknote issuance growth for all denominations, despite rise in electronic payments
Bank of Mauritius extends Covid-19 support measures
Central bank extends loan support programme and increases foreign exchange funding
Headline inflation to stray into negative territory, Bank of Thailand reports
Sharp decline in oil prices and government measures push forecast for headline inflation to -1.7%
Bank Negara Malaysia cuts policy rate to fresh low
Labour market weakness and cautious households may hamper recovery, central bank warns
Bank of Israel launches corporate bond purchases
Central bank also extends cheap funding for bank lending
‘Careful’ regulation needed to prevent fintech financial exclusion – IMF
New technology must not be taken for granted during Covid-19 recovery, researchers say
Philippines central bank links up with debt trading platform
Move comes as central bank buys government bonds and prepares to issue own debt
Eurozone inflation reached 0.3% in June
Eurostat estimates show significant differences in inflationary pressures between countries
US living wills must include ‘lessons learned’ from Covid-19
Large banks must outline how crisis is impacting resolution planning capabilities, Fed and FDIC say
Zimbabwe increases interest rates as inflation soars
Central bank raises interest rates to 35%
Norges Bank takes new step in Tangen’s hiring process
Incoming SWF manager finalises agreement with third party to manage his fortune during his time in office