Sovereign debt
Bolivian central bank wants to become sole buyer of gold
Proposal would allow BCB to use gold reserves as collateral or swap them for foreign exchange
Laos selects new central bank governor
Parliament elects Bounleua Sinxayvoravong as part of government reshuffle
Argentine central bank struggles to meet reserves targets
IMF signs preliminary agreement for loan payment but reports say BCRA cannot meet reserve target
Is this the end for ECB QE?
High inflation makes it increasingly difficult for the central bank to justify asset purchases across the eurozone, despite rising fragmentation risks
RBA’s approach to QT does not involve selling bonds
Selling assets could undermine future quantitative easing programmes, says assistant governor
Interpol cancels red notice for Suriname ex-governor
Police body will not involve itself in a case that has a political character
Argentine central bank hikes rates as inflation reaches 30-year high
Central bank makes optimistic comments on inflation path
Moldova continues rate climb as inflation passes 20%
Central bank orders another 300bp increase as war adds to price woes
Central African Republic makes cryptocurrency legal tender
War-torn state is second country to give crypto official status, after El Salvador
Reserve managers stick to asset diversification
Higher yields not prompting central banks to abandon investments in less conventional asset classes
São Tomé president rejects firing of governor
Prime minister moved to replace Américo Barros after governor contested party leadership
The international effort to manage NBFI risks: where do we stand?
The Covid-19 shock demonstrated more needs to be done to address stability risks posed by the NBFI sector. Maurizio Trapanese details progress made during the Italian G20 presidency as well as outstanding macro-prudential issues
RBI extends Sri Lanka swap line
Island nation defaulted amid debt, currency and balance of payment crises
PBoC on hold as Fed signals steeper rate rises
Policy-makers face worsening pandemic, rising inflation and tighter global financial conditions
Honduran governor asks for 50% salary cut
Santos’s request comes as president calls for spending cuts amid fiscal crisis
São Tomé governor replaced
Central bank chief had challenged prime minister for party leadership
Fractures in the monetary system
Seizure of Bank of Russia assets likely to have long-term implications for international system
Bank of Ghana orders 250bp hike
Central bank moves meeting a week earlier to combat high inflation and a weak currency
Putin nominates Nabiullina for third term as she announces emergency QE
Bank of Russia to buy unspecified amount of sovereign bonds as governor pledges control of inflation
Kuwait’s government names new central bank governor
Basel Al-Haroun will begin five-year term on April 1
Russia likely to default on sovereign debt
Putin and finance minister say country may make payments in rubles
Sudan floats currency
Decision follows adoption of single unified exchange rate
Digital money and central banks
Central banks must reflect on the monetary policy, regulatory and financial stability implications from crypto assets, stablecoins and CBDCs to stay relevant in the digital age of money
Bank of Canada governor says rate increase ‘was first step’
Macklem says he expects inflation to fall in second half and expectations remain anchored