Reserves
Bundesbank’s Nagel: central bank business models are changing
Panetta says wholesale CBDC likely to launch sooner than retail; Das gives update on digital rupee
BIS’s Zhang Tao on why Asian central banks favour a broader policy mix
The BIS’s Asia chief speaks with Christopher Jeffery and Jimmy Choi about supporting liquidity, financial stability and innovation in the Asia-Pacific region
UK banks earn over £9bn interest on reserves with BoE
Higher interest rates present banks with bumper earnings
Bosnian central bank joins World Bank reserves programme
Eurozone-adjacent economy looks for closer ties to the west
SNB raises bank reserve requirements
Calculation formula changed as central bank looks to save on interest payments
Reserve managers brace for war
Geopolitical escalation could trigger inflationary and energy shocks, RMT survey finds
New Zimbabwe governor introduces ‘gold-backed’ currency
Adoption of sixth new currency in 18 years is “chaotic”, media reports
Ukrainian central bank cuts rates
Pyshnyy welcomes falling inflation, foreign exchange stability and prospect of renewed aid
Central Banking Awards 2024: first winners unveiled
Awards go to Central bank of the year, plus Reserve manager, Risk manager and more
UK floats plan to seize Russian central bank assets
Foreign secretary says country is prepared to act without all its Nato partners
Sanctions will trigger reserves diversification, official says
Central Banking Spring Meetings: Speakers say geopolitics impacting reserves and inflation outlook
Minimum reserves are stabilising force – Bank of Italy study
Paper compares different mechanisms and their utility in floor and corridor regimes
Bosnia’s reserves rebound after asset reshuffle
Central bank’s vice-governor cautions against premature rate cuts in face of geopolitical risks
Dallas Fed chief says pace of QT may need to slow down
Lorie Logan argues US central bank should take more measured approach to normalising balance sheet
Book notes: Number go up: inside crypto’s wild rise and staggering fall, by Zeke Faux
The book would be a great, comic obituary of crypto, if only crypto were dead
Bundesbank and DNB announce large losses
Dutch central bank improves its profit forecast but Nagel anticipates continuing shortfalls
PBoC announces biggest cut in banks’ reserve ratios for two years
Governor says 50bp reduction will free up 1 trillion yuan into financial system
Colombian central bank begins cutting rates
Board splits over decision, as inflation remains above 10% while economy slows
Argentina adopts new policy rate
BCRA will use overnight reverse repo rate after halting auctions of Leliq bonds
Ghana’s Ernest Addison on the chain of events that led to a loss of $5 billion
The Bank of Ghana governor speaks with Christopher Jeffery about what necessitated monetary financing, the boundaries of ‘independence’ and the results of offline tests of the e-cedi
Argentine government devalues peso and replaces governor
Finance minister announces austerity as IMF welcomes new president’s early moves
Bolivia reserves shortage worsens
Fuel runs short as ex-governor says government “does not want to recognise” crisis
BCRA requires prior approval for all FX requests
Virtual freeze on exchange as Pesce and other directors make way for Milei’s picks
Israeli reserves increase by almost $7 billion in November
FX sales fall from $8.2 billion in October to $338 million last month