Exchange rate
Latin American rates: Colombia adopts highest rate since 2001
Argentina holds steady again, while Nicaragua raises rates
Bank of Japan surprises analysts with yield curve tweak
But governor Kuroda says the move is not a rate hike nor a step to end easy policy
Myanmar sentences ex-deputy governor to 20 years
Supporters say Bo Bo Nge was “incorruptible” and reject military regime’s charges
IMF approves long-term resilience loan for Rwanda
Fund urges “more decisive monetary tightening”
IMF and Ghana reach initial agreement on $3 billion loan
Stricken country preparing domestic debt restructuring
Rates round-up: Poland holds rates despite high inflation
Serbia and Bulgaria raise rates as double-digit inflation plagues eastern Europe
Kazakhstan raises rate as Kyrgyzstan cuts
IMF criticises Kyrgyz monetary policy and failure to reform central bank law
Armenia’s Galstyan calls for a new framework to tackle uncertainty and nonlinearities
Central Bank of Armenia governor says central banks can start to regain credibility by admitting their mistakes. This could include employing a risk-management approach to monetary policy aimed at avoiding nonlinear ‘dark corners’ and placing much less…
Namibia increases policy rate by 50bp
Central bank shadows South Africa’s hike last week to preserve currency link
Ghana hikes rates again as inflation passes 40%
Governor says country faces “huge financing gap” as government uses central bank credit
Rates round-up: Pakistan adds 100bp to main rate
Central banks raise rates in Kenya, Congo and Iceland
Chile’s Costa on tackling inflation, forex interventions and nowcasting
The Central Bank of Chile governor speaks about stubbornly high prices, Fed policy spillovers, reserve buffers, retail CBDC and the need to address unconscious bias
Argentine central bank debt poses major risks, analyst says
Moody’s analyst says central bank faces macroeconomic crisis as short-term debt rises
Hungarian government proposes change to central bank funding law
Move comes after MNB changes monetary policy framework amid foreign exchange turbulence
Currency round-up: BEAC to launch new banknote series
Afghanistan permitted to import new notes; Canada shortlists banknote figures; and more
Bank of Mexico takes rates to 10%
Banxico board follows Fed again, but hints tightening cycle may slow down
Armenia raises policy rate by 50bp
Fleeing Russians are helping to drive inflation, central bank says
Egypt raises policy rate and floats currency
Central bank decisions come as IMF signs preliminary deal for further $3 billion loan
ERM’s 1992 crisis offers lessons for today, academics say
Barry Eichengreen, Maurice Obstfeld and Richard Portes discussed “accident waiting to happen”
Suriname central bank wins lawsuit over corrupt contract
Belgian court rules former governor could not sign deal with firm
Some Latin American central banks pause tightening cycle
Paraguay second to hold rates after Brazil, as Peru and Chile signal they may do the same
Vietnam raises rates for second consecutive month
Move comes after SBV devalued currency against dollar as inflation is close to central bank target
FATF puts Myanmar on money-laundering blacklist
Move may increase economic pressure on military junta as currency crisis grows
ADB gives crisis-hit Pakistan $1.5 billion loan
Asian Development Bank extends aid as extensive floods add to major economic problems