Natural disaster
Saudi Arabia gives Turkish central bank $5 billion
Turkish government moves to protect workers from firing in aftermath of earthquake
CBRT cuts policy rate to support earthquake recovery
Central bank fears supply disruption from natural disaster could add to inflationary pressures
RBNZ raises rates as cyclone complicates outlook
“Devastating” impact of Cyclone Gabrielle creates economic disruption and prompts fiscal action
Currency round-up: Charles III causes controversy
Australian government drove decision to drop UK monarch from notes, as ECCB weighs its options
Haiti receives $105 million emergency loan
IMF urges central bank to cut back monetary financing
Pakistan raises rates 100bp amid reserves crisis
Reserves now only enough to cover about three weeks of imports
Cuban foreign exchange reserves have fallen, state says
Unusual disclosure in official publication sparks speculation about country’s financial position
Madagascar central bank has new governor
Andrianarivelo takes over after Rabarijohn resigns early, citing health reasons
Tonga names new governor
Moeaki takes up role after disqualification from parliament for bribing voter
BoJ to test CBDC next year, reports say
Two-year pilot project will examine whether digital currency can work without internet access
Serbia hikes for eighth consecutive month
Inflation is nearing peak and “slowdown was sharper than expected”, board says
ADB gives crisis-hit Pakistan $1.5 billion loan
Asian Development Bank extends aid as extensive floods add to major economic problems
IMF approves ‘food shock window’
Temporary measure will help countries deal with food insecurity
West Africa central bank orders second rate rise of 2022
MPC says drought, unrest and global commodities shocks are driving up inflation
IMF unlocks $31.9 million for Madagascar
Natural disasters and oil price rises increased fiscal deficit
Banks shock commodities by 1,000% in stress-test rethink
Energy price spikes force clearing firms to consider extreme or even ‘implausible’ scenarios
Chinese authorities announce $44 billion stimulus package
Authorities increase funds to power companies and farmers as country suffers from multiple crises
Madagascar raises rates 90bp
Central bank expects economy to grow but speaks of troubling global conditions
Sarb orders largest rate rise since 2002
MPC orders 75bp increase as currency weakens and inflation surges
Bank of Uganda raises rates 100bp at unscheduled meeting
Move is second increase in as many months as governor’s post remains unfilled
Paraguay continues rate hikes despite economic contraction
Central bank raises policy rate for 11th month in a row, as GDP growth falls
Rates round-up: RBI adds 50bp to main rate
Chile announces eighth rate hike; Thai PM reveals rate hold early; and more
Reserve Bank of Australia joins 50bp club
Australian central bank continues post-pandemic tightening with second, larger hike
Tougher macro-pru helps response to major storms – BdF paper
Better regulation greatly reduces costs of financing after some natural disasters, researchers find