Exchange rate
North Macedonia makes third 25bp hike
Central bank moves to increase local currency deposits, while inflation reaches double digits
Yen weakens further as BoJ stands by loose policy
Central bank stresses commitment to defending yield curve control despite exchange rate worries
Hong Kong and Taiwan raise rates
HKMA raises rates by 75bp, but local banks don’t follow, while Taiwan increases by 12.5bp
Argentina increases reference rate 300bp
Central bank says it anticipates inflation will fall despite continuing rise
Banknotes: April to June 2022
A round-up of news and salient issues that have affected central bankers in the past three months
Gulf central banks raise rates after Fed hike
Qatar, UAE and Bahrain make 75bp hikes, while Kuwait raises by 25bp and Saudi 50bp
Bangladesh appoints senior civil servant as central bank governor
Abdur Rouf Talukder will take office in July
MAS launches asset tokenisation and DeFi project
First pilot on bond transactions will involve state-owned firms and JP Morgan
Argentine central bank struggles to meet reserves targets
IMF signs preliminary agreement for loan payment but reports say BCRA cannot meet reserve target
Lesotho appoints new central bank governor
Acting governor Mohapi will become first deputy
Holding the line: the right response to war and Covid
Jagjit Chadha offers advice to policy-makers struggling to navigate between economic shocks
Rates round-up: RBI adds 50bp to main rate
Chile announces eighth rate hike; Thai PM reveals rate hold early; and more
West African leaders name new central bank governor
Previous governor departed in April, leaving interim leadership unclear
Peter Nicholl on rebuilding Bosnia’s central bank
The former RBNZ deputy governor speaks with Dan Hardie about how he tackled financial instability in the aftermath of a war
Costa Rican authorities tell president reserves are sufficient
Chaves had complained of “very few reserves” at Davos
Malawi devalues currency amid FX crisis
Reports say central bank has devalued kwacha by 25% as country’s exports slump
Chile signs up to IMF’s first short-term liquidity line
Revolving $3.5 billion credit will replace flexible credit line arrangement
Rates round-up: South Africa, Philippines and Egypt hike
Emerging markets tighten policy amid unrelenting inflation
Zimbabwe lifts lending freeze
President had announced total halt to lending in bid to defend local currency
Czech president appoints policy dove as governor
Koruna falls as rate-hike opponent and former Babiš adviser prepares to lead CNB
Myanmar junta brings charges against former deputy governor
Military regime accuses Bo Bo Nge of corruption, 15 months after he was first arrested
Central bank websites vary greatly in popularity
Some get hundreds of page views per month, while others get millions
Zimbabwe freezes all bank lending
President announces controls on money creation to stem decline of currency
Chilean central bank surprises markets with a larger rate hike
Board unanimously decided to increase the policy rate by 125 basis points to 8.25%