Foreign exchange
QE has persistent impact on foreign exchange, researchers find
European Central Bank QE caused euro to fall 12% against dollar - Dallas Fed paper
Report highlights cyber vulnerabilities in securities market
Structure of the market and number of participants makes sector increasingly difficult to safeguard
Nigerian central bank in $8 billion court battle with telecoms company
South African firm says central bank’s demand over alleged breach of forex rules is “illegal”
Costa Rican public debt feeding into inflation expectations
The central bank says it remains “vigilant” to tensions that may compromise its inflation target
African banks should adopt Nigerian regulatory model – Zimbabwean official
Foreign and domestic banks need uniform regulatory approach, official tells conference
Zimbabwe central bank suspends senior officials over corruption allegations
Government appointee accuses central bankers of illegal foreign exchange dealings
Venezuela says it will drop US dollar for euros
Maduro government’s plan cannot succeed, expert says
China’s exchange rate poses major challenge to fairer trade – US Treasury
Renminbi has fallen by 6.25% against US dollar in 2018, reserves have declined by $74 billion
Reserves preservation key in Tunisia amid growing challenges – El Abassi
Governor of Central Bank of Tunisia stresses the importance of sound policies as the currency weakens and twin deficits grow
Sudanese central bank increases liquidity supply as signs of crisis grow
Governor eases liquidity restrictions as reporters note long queues at banks
Macro-prudential forex rules may shift vulnerability – BoE paper
Study of forex rules finds they may succeed in their primary goal, but shift risks elsewhere
Zimbabwe’s central bank struggles to stem bond note crash
Government economist claims central bank has resorted to printing money
Colombian central bank aims to build up foreign exchange reserves
Central bank prepares for potential reduction of IMF credit line
Iran cuts forex restrictions as pressure on currency continues
Authorities say central bank will intervene to support rial
Andrew Motshidisi on Africa’s debt and what it means for reserve managers
The former deputy governor of Bank of Botswana and Nalm Africa chairman talks about international capital flows, and the need for countercyclical policies and robust legal frameworks to secure long-term stability
EU countries to build payments link with Iran
“Special purpose vehicle” designed to allow “legitimate business” with Iran, despite US sanctions
Reserve management practices are splintering
Traditional approaches to reserves management are breaking down, writes Jennifer Johnson-Calari
RBA moves back into profit
Gains in foreign currency investments carry RBA back into profit, annual report says
Market power can explain financial market anomalies – BIS paper
Market power of intermediaries can explain behaviour of risk premiums, authors find
ESM’s Pacciani says public bodies must balance risk and mission
Public institutions must meet their mandates without losing sight of sound risk management, the chief risk officer says
Focus shifts to plumbing as crypto markets mature
Panellists at the 14th annual FX Week Asia conference say the institutionalisation of crypto markets is gaining momentum
Bank Indonesia steps in to stem rupiah fall
Rupiah falls to lows not seen since the Asian financial crisis, as Indonesia becomes the latest victim of the strong dollar
Vietnam allows renminbi payments in border areas
Renminbi payments designed to cut risks and boost trade
Nigerian central bank demands repatriation of $8 billion
CBN says South African firm and local banks illegally transferred funds outside country