Asia-Pacific
BoT says payment systems still in operation following earthquake
Powerful quake hits Myanmar and Thailand as Bangkok’s stock exchange suspends trading
Larger central banks more likely to have diversity policy
Boards with appointment powers more often focus on diversity
Central Banking Awards 2025: the winners in full
Awards recognise extraordinary achievements in another challenging year for central banks
PBoC tweaks lending facility as framework reform continues
Chinese central bank phases out MLF’s role in monetary policy by allowing dynamic pricing
Most governing boards operate under charters
Strategy-setting and budget approval are boards’ top responsibilities
BNM governor: trade uncertainty creates obstacles to growth
Central bank cannot be complacent amid “unpredictable” external environment, says Rasheed
One in three central banks operate supervision committee
Government officials’ membership on boards still rare
Governors serving limitless terms tend to earn lower salaries
But governors’ average salary remains over $200,000 a year
China holds loan prime rates again
PBoC stays put while government works to boost consumption
Most governors lack legal immunity against prosecution
One-fifth of removable central bank governors shielded from legal actions
Indonesia holds rates after stock market rout
BI opts to defend exchange rate as country records deflation for first time in 25 years
Bank of Japan holds rates amid trade uncertainty
Strong wage growth underpins economic recovery but central bank remains wary of US tariffs
Governors serve unlimited terms in half of central banks
While term length averages five years, majority of governors can be dismissed early
Smaller central banks more likely to manage government debts
Consumer protection widely overseen in larger institutions
Obituary: Liu Hongru, 1930–2025
Former PBoC deputy governor left influential legacy in China’s modernisation of banking and finance
People: BNM appoints deputy and assistant governors
CNB makes appointments in internal audit and economic modelling divisions
Half of central banks must be consulted on law changes
Practice is slightly more common at banks with government officials on the board
Ueda reaffirms BoJ’s exit from controlling long-term rates
Governor says surging bond yields are natural reflection of market expectations
Working group minutes: facing up to CBDC adoption challenges
Participants at Cape Town meeting saw drawbacks to digital currency versus other payment methods
Do central bank governors make good prime ministers?
Mark Carney is the latest to make the leap, but the record elsewhere has been mixed
RBNZ governor unexpectedly resigns
Adrian Orr ends term early without giving reason as Christian Hawkesby temporarily takes over