US dollar
Israeli rates cut again
The Bank of Israel has cut interest rates by 25 basis points to 3.5%. The decision, announced on 28 May, comes as inflation remains below the central bank's 1 to 3% inflation target.
Why is the dollar so high?'
In this paper, Martin Feldstein, once considered a frontrunner to replace Alan Greenspan as chairman of the US Federal Reserve, argues that a decline of the real value of the dollar that is large enough to reduce the current account deficit significantly…
Uncertainty surrounds Gulf monetary union
In the last week Kuwait and Oman have opted expand the range of currencies they peg their exchange rates to. These developments cast doubts over the gulf region's ability to meet its 2010 deadline for a monetary union.
China hikes rates, loosens currency markets
The People's Bank of China raised interest rates for the fourth time in a year on 18 May and widened the yuan's daily trading limit against the dollar.
Kuwait removes dinar's dollar peg
The central bank of Kuwait de-linked its currency, the dinar, from the depreciating dollar on 20 May and opted for an exchange rate mechanism tied to a basket of other currencies.
New York Fed's Foreign Exchange Operations Report
According to the Federal Reserve Bank of New York's Treasury and Federal Reserve Foreign Exchange Operations quarterly report for January-March 2007, published 3 May, the U.S. monetary authorities did not intervene in the foreign exchange markets during…
Canada's Dodge on exchange rate regimes
In the speech 'The importance of appropriate exchange rate regimes' given on 4 May David Dodge of the Bank of Canada said the Canadian dollar's rise in recent years has helped Canada maintain stable growth and inflation as commodity prices rose sharply.
Dodge on Canada and free trade
In his opening statement to the House of Commons Standing Committee given on 1 May David Dodge of the Bank of Canada made similar comments to those of Ben Bernanke the same day, saying if the United States resorts to protectionist measures against major…
Trichet on the euro and the dollar
In closing remarks at 'The euro and the dollar: pillars in global finance' conference given on 17 April Jean-Claude Trichet of the ECB said a number of indicators point to increasing cross-border banking activities in the euro area, such as the growing…
Dallas Fed's Fisher on fiscal issues
In the speech 'Fiscal issues: From here to eternity' given on 16 April Richard Fisher of the Federal Reserve Bank of Dallas said if US fiscal policy gets 'out of whack' it will have implications for the Federal Reserve's policy and the dollar.
BOJ's Hirano says euro strength not to be G7 topic
Finance ministers and central bankers from the world's richest countries are unlikely to focus on the euro's strength against the dollar and yen next week, former Bank of Japan executive director Eiji Hirano said Tuesday 4 April.
IMF's Lipsky: reducing risk from global imbalances
In the speech 'Reducing the risk from global imbalances' given on 30 March John Lipsky of the IMF said consumption in China will strengthen as the financial system continues to develop and precautionary savings are reduced.
SAMA chief says Gulf states to keep pegs
In the run-up to monetary union in 2010 Gulf Arab states are committed to dollar-pegged exchange rates and will need "exceptional efforts" to meet the deadline, the Saudi central bank chief told reporters on Tuesday 3 April.
RBA's Ryan on the kangaroo bond market
In the speech 'Some general observations on the kangaroo bond market' given on 29 March Chris Ryan of the Reserve Bank of Australia said there are some clearly identifiable factors behind the particular strength in the Kangaroo bond market in recent…
Cleveland Fed's Pianalto on national currencies
In the speech 'The internationalization of national currencies' given on 27 March Sandra Pianalto of the Federal Reserve Bank of Cleveland said the United States benefits from the fact that a large share of world currency reserves is held in dollars.
Has the dollar met its date with destiny?
According to this article from MoneyWeek, published Monday 26 March, the dollars steady decline on the foreign exchange markets seems certain to gather momentum.
Bernanke says Chinese $ holdings not problem
China`s accumulation of United States debt is not a problem for the US or for the Federal Reserve monetary policy, Federal Reserve chairman Ben Bernanke said in a letter dated 16 March but released on Monday 27 March.
RBZ's Gono warns on parallel market forces
Reserve Bank of Zimbabwe governor Dr Gideon Gono warned Thursday 22 March of the existence of "stronger forces" on the parallel market that are fuelling the slide of the Zimbabwe dollar against major currencies.
China's Zhou not worried on current inflation
China's central bank is not worried about the current level of consumer price inflation, People's Bank of China governor Zhou Xiaochuan was quoted as saying in a report by the official Xinhua News Agency on Wednesday 21 March.
Zhou says China to stop accumulating reserves
China will stop increasing its huge foreign exchange reserves, People's Bank of China governor Zhou Xiaochuan said in an interview published Tuesday 20 March.
China's Wen says investment won't affect dollar
China's prime minister, Wen Jiabao, tried to reassure the world about the country's financial goals Friday 16 March, saying the planned company to invest some of the $1 trillion in reserves won't affect dollar-denominated assets.
2010 GCC currency union date is 'challenge'
Currency union by 2010 in the Gulf region is a challenge, but could be achieved if the Gulf countries act swiftly, Central Bank of Bahrain governor said in an interview Sunday 18 March.
RBNZ's Bollard on global liquidity and New Zealand
In the speech 'Easy money: Global liquidity and its impact on New Zealand' given on 15 March Alan Bollard of the RBNZ said that the central bank is assessing alternative measures to support the official cash rate.
Takenaka says BOJ rate hike came too early
Japan's former economic and fiscal policy minister Heizo Takenaka has criticised the Bank of Japan in an interview published Friday 9 March for increasing interest rates in February despite continued deflation.