Central Banks – Libro Alibro

Higher interest rates as central bank pulls all levers to rein in rising inflation – Reuters

August 15, 2022

Growth is steady, but it is being dragged down by the weight of rising inflation, largely due to global factors. That's what the monetary policy committee guessed, based on its expert reading of economic rune...

Russia plans to roll out digital ruble to all banks in 2024

Al Worden

August 12, 2022

Central Banks

The Bank of Russia continues to work on the upcoming adoption of central bank digital currency (CBDC), planning an official rollout of the digital ruble in a few years.According to the latest Bank of Russia mon...

Bangladesh central bank orders six banks to transfer treasury chiefs

Al Worden

August 11, 2022

Central Banks

DHAKA: Bangladesh's central bank has ordered six banks to transfer their treasury heads to human resource departments because of their role in the country's foreign exchange market volatility. The banks ar...

Central Bank could regulate ATM operators amid fears over access to cash

Al Worden

August 9, 2022

Central Banks

The government is considering giving the Central Bank the power to regulate ATM operators.It comes after the Central Bank raised concerns that three out of four ATMs in Ireland are now owned and operated by unr...

Central bank moves to amend digital currency issuance law

Al Worden

August 7, 2022

Central Banks

The Nepal Rastra Bank has launched an exercise to revise the Nepal Rastra Bank Act to allow the central bank to issue digital versions of Nepalese currency.As the global economy moves towards digitalization, Ne...

Nervous central bankers are watching Australia closely

Al Worden

August 4, 2022

Central Banks

The writer is the founding editor of Central Bank IntelThere must be some nervous central bankers watching the wide-ranging review that has been launched on the Reserve Bank of Australia.Around the world...

Yanis Varoufakis on inflation: follows a long period of “socialism” for companies and “austerity” for workers

Al Worden

August 2, 2022

Central Banks

Known for sporting a leather jacket when meeting foreign dignitaries during his brief stint as Greece's finance minister in 2015, Yanis Varoufakis has become something of a rebel in economic circles. A memb...

The Central Bank calls for “fair play” from all players in the economy – Business News

Al Worden

July 31, 2022

Central Banks

Says that every effort will be made to strictly monitor and ensure compliance with all foreign exchange transaction regulations Warns that ...

Pakistan’s central bank says foreign exchange reserves fell from $754m to $8.57tn

Al Worden

July 28, 2022

Central Banks

ISLAMABAD (Reuters) - Pakistan's central bank said on Thursday its offici...

China’s central bank injects money into banks in small doses

Al Worden

July 27, 2022

Central Banks

China's central bank is maintaining its policy of injecting small doses of liquidity into the financial system, the data showed. The People's Bank of China (PBOC) oversaw the smallest daily infusion of liqui...

China promises privacy and information protection when using digital yuan

Al Worden

July 25, 2022

Central Banks

China will fully respect privacy and protect personal information when using the digital yuan, state media quoting a senior central bank official said on Sunday, as Beijing pushes for greater adoption of the e ...

The Guardian’s view on European democracy: Central bankers are villains and heroes | Editorial

Al Worden

July 22, 2022

Central Banks

ESince May 2010, when the European Central Bank began bailing out Greece, continental leaders have sought to reassure markets that the aid was a one-time measure. But there is nothing more permanent than a tem...

Bank of Japan raises inflation forecast, keeps policy unchanged

Al Worden

July 21, 2022

Central Banks

The Bank of Japan (BOJ) headquarters in Tokyo, Japan, Monday, April 25, 2022. The Bank of Japan raised its inflation forecast on Thursday, but kept interest rates ultra-low and put in Guard against risks to the...

Can the euro find support as the central bank’s toolbox finally opens?

Al Worden

July 18, 2022

Central Banks

Lagarde speaks with EU Economics Commissioner Paolo Gentiloni - Photo: Getty There are many moving parts governing the devaluation of the euro and several important ones come into effect this week just a...

Central role of the Central Bank

Al Worden

July 14, 2022

Central Banks

"WWe can't let the rich get rich in Nepal. A corporate borrower received Rs. 1.27 billion refinance directly from state coffers as Nepalese fell into poverty. Small businesses have also suffered, but their lo...

Why Central Banks Have Taken Digital Money Seriously

Al Worden

July 12, 2022

Central Banks

Comment this storyCommentSilver is heading for its greatest reinvention in centuries. Modern technology and even the coronavirus pandemic are pushing consumers away from cash, and with alternative concepts lik...

Tory turmoil keeps Bank of England in the dark over crisis management | bank of england

Al Worden

July 9, 2022

Central Banks

Bank of England officials will be watching developments in the race to replace Boris Johnson as Tory leader and prime minister with close attention.In normal times, central banks are supposed to pay little atte...

Sri Lanka’s central bank raises interest rates to curb inflation

Al Worden

July 7, 2022

Central Banks

Comment this storyCommentCOLOMBO, Sri Lanka — The Central Bank of Sri Lanka has raised its key interest rates to their highest level in more than 20 years in an attempt to contain inflation that has worsened th...

Singapore’s central bank wants to limit retailers’ participation in crypto

Al Worden

July 4, 2022

Central Banks

Key points to remember The chairman of the Monetary Authority of Singapore today told the Singaporean parliament that the central bank may seek to limit the participation of individuals in crypto markets. I...

Montran and eCurrency Announce the First-Ever CBDC Solution Fully Integrated with a Central Bank’s RTGS Solution for Central Bank Currency Management

Al Worden

June 30, 2022

Central Banks

This comprehensive solution automates the process in which participants order CBDC and settle the order in the RTGS Tweet that The collaboration between Montran and eCurrency offers central banks the same ...

Libya’s eastern central bank warns of unification in jeopardy

Al Worden

June 28, 2022

Central Banks

Breadcrumb Links PMN Company Author of the article: Publication date : June 28, 2022 • 48 minutes ago • 2 minute read • Join the conversation Content of the article BENG...

Indian fintechs ask central bank to treat full KYC PPI the same as bank account to survive crackdown

Al Worden

June 25, 2022

Central Banks

Payments giants and fintech startups in India on Saturday asked the central bank to treat widely used prepaid payment instruments on equal footing with bank accounts for customers who undertook certain checks, ...

Live Updates: Mexico’s Central Bank Continues Fight Against Inflation with Historic Rate Hike

Al Worden

June 23, 2022

Central Banks

Deutsche Bank chief executive Christian Sewing and his senior team are giving up a fraction of their 2021 bonuses © Bloomberg Deutsche Bank chief executive ...

Erasmus coin from the Central Bank of Latvia / Article

Al Worden

June 21, 2022

Central Banks

On Friday 1 July, a 2 euro commemorative coin dedicated to the 35th anniversary of the launch of the European Commission (EC) Erasmus education and training exchange program will be made available....

Everyone got the 2022 market calls wrong; Wall Street, the Fed, central banks and almost all

Al Worden

June 19, 2022

Central Banks

Almost all of Wall Street and the Fed botched market calls for 2022So far, 2022 has been a year where almost everyone on Wall Street got it wrong. Just like the Fed and a cadre of global central banks.Back in ...

European central banks are raising interest rates to tackle soaring inflation

Al Worden

June 16, 2022

Central Banks

The SNB unexpectedly increases by half a percentBank of England raises rates by 25 basis pointsHungary unexpectedly raises one-week deposit rateInflation painfully high and not yet at its peakBERN/LONDON, June ...

The central bank’s balance sheet will shrink in the face of inflation

Al Worden

June 14, 2022

Central Banks

Financial markets have been reeling in recent weeks, with many central banks taking belated action to put out the fires of inflation in their respective countries. ...

Russian Central Bank to review banks’ plans for fees on foreign currency accounts

Al Worden

June 12, 2022

Central Banks

Russia's central bank said on Friday it would investigate the legality of some banks' plans to impose fees on foreign-currency accounts, warning that lenders should not make terms worse for existing customers. ...

Dollar up as central banks step up tightening policies

Al Worden

June 8, 2022

Central Banks

By Zhang MengyingInvesting.com - The dollar was higher Wednesday morning in Asia as central banks around the world are expected to prepare to tighten policies to control inflation.The US dollar index which trac...

The week ahead – IPI, manufacturing data, China inflation, central bank meetings

Al Worden

June 5, 2022

Central Banks

IPI, manufacturing data The Industrial Production Index (IPI) for April 2022 will be released on June 10 along with the monthl...

Brazilian central banker describes how CBDC system can stop bank runs

Al Worden

June 3, 2022

Central Banks

In an article recently published by the Bank for International Settlements (BIS), Fabio Araujo, an economist at the Central Bank of Brazil (CBB) who is also responsible for the country's central bank's digital ...

Eyes on EA central banks as major continent economies hike lending rates

Al Worden

May 28, 2022

Central Banks

By VINCENT OWINO East Africans are watching their central banks as inflationary pressures push major economies across the continent and even the world to raise lending rates.Nigeria, South Africa, Egyp...

Davos elites fear ‘Volcker moment’ as central banks draw their swords

Al Worden

May 25, 2022

Central Banks

The collective warning from Davos is that the all-powerful central banks are no longer on your side, so don't tempt fate by reflex buying the dips. Money gendarmes have let the inflation genie out of the bottl...

Crypto ties to banks threaten financial stability, says ECB

Al Worden

May 24, 2022

Central Banks

The crypto industry's deepening ties with banks and asset managers will pose a risk to financial stability, the European Central Bank has warned, in the latest sign of how central banks and governments i...

The concessionary banks make proposals in six points

Al Worden

May 22, 2022

Central Banks

Siddique Islam | Published: May 22, 2022 8:40:49 a.m. | Update: May 22, 2022 12:12:24 The supreme body of concessionary banks has submitted six-point proposals to the central bank to stabil...

SWIFT to test central bank digital currencies for international transfers

Al Worden

May 20, 2022

Central Banks

The SWIFT banking messaging service, which dates back to the 1970s, strives to connect CBDCs such as eNaira to each other, as well as to traditional currencies, while trying to stay up to date. It was...

Updated interest rate forecasts from the BOE and the ECB

Al Worden

May 17, 2022

Central Banks

central bank Overview of the watch:The odds of a Bank of England rate hike are stagnant: the 2022 terminal rate has fallen from 2.176% to 2.099% over the past three weeks.Now that several European Central Bank...

The Central Bank is expected to raise interest rates

Al Worden

May 15, 2022

Central Banks

...

The Bank of England has inflation questions to answer

Al Worden

May 13, 2022

Central Banks

Nothing undermines the stability of our economy, our communities and our families more than inflation. It hits the poorest in society the hardest and constitutes a moral as well as an economic danger. Gainin...

Dallas Fed taps U.S. central bank market expert Logan as new chief

Al Worden

May 11, 2022

Central Banks

Lorie K. Logan, the new president and CEO of the Federal Reserve Bank of Dallas, is pictured in this undated image, obtained May 11, 2022. Dallas Fed/Handout via REUTERS Join now for FREE unlimited access to R...

India’s central bank raises interest rates

Al Worden

May 9, 2022

Central Banks

The facade of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India. The Indian central bank raised its key rate to 4.4% from 4% to contain the sharply rising inflation. (AP Photo/Rafiq Maqbool, F...

RBI rate hike not a surprise, but its timing was, says FM

Al Worden

May 7, 2022

Central Banks

MUMBAI/NEW DELHI: The Reserve Bank of India's (RBI) decision to raise interest rates will not impact government's planned infrastructure investment and the hike was part of an action synchronization of major ce...

Stocks soar for biggest gain in 2 years after Fed downplays higher rate hike

Al Worden

May 4, 2022

Central Banks

Stocks soared to their biggest gain in two years on Wednesday after Federal Reserve Chairman Jerome Powell downplayed the likelihood of an even bigger rate hike than the one just announced on Wednesday....

The first climate stress tests for European banks have arrived

Al Worden

May 3, 2022

Central Banks

What are climate stress tests and who carries them out? Every two years, European banks undergo a stress test by the European Banking Authority (EBA). In 2022, the ECB adds a new test that incorporates...

European ECB member Panetta denounces crypto-assets in a speech

Al Worden

April 29, 2022

Central Banks

In a speech this week at Columbia University by European Central Bank (ECB) Executive Board member Fabio Panetta, he denounced the whole “crypto bet”, considering crypto-assets as “causing the ins...

Central bank sanctions BDO and UnionBank for online fraud incident

Al Worden

April 28, 2022

Central Banks

REUTERS/KACPER PEMPEL/FILE PHOTO By Luz Wendy T. Noble, Journalist THE BANGKO SENTRAL ng Pilipinas (BSP) announced Thursday that it has approved sanctions against BDO Unibank, Inc. and ...

Central Bank of Kenya orders banks to ration scarce dollars

Al Worden

April 26, 2022

Central Banks

Tuesday, April 26, 2022 / 5:41 AM PM / by Business Daily / Header image credit: Dawn Business Daily reports that the Central Bank of Kenya (CBK) has ordered commercial banks to ration dollars following a US c...

Transcript: Christine Lagarde on “Face the Nation”, April 24, 2022

Al Worden

April 24, 2022

Central Banks

The following is the transcript of an interview with Christine Lagarde, President of the European Central Bank, broadcast on Sunday April 24, 2022 on "Face the Nation".MARGARET BRENNAN: We are now joine...

UK stocks fall on hawkish central banks and weak retail sales data – Markets

Al Worden

April 22, 2022

Central Banks

British stocks fell on Friday as the growing prospect of aggressive monetary policy tightening coupled with a sharp drop in retail sales in the country raised concerns about economic growth. The blue-chip FTSE ...

All major eurozone banks can withstand Russian delisting, ECB says

Al Worden

April 20, 2022

Central Banks

The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany December 8, 2016. REUTERS/Ralph OrlowskiJoin now for FREE unlimited access to Reuters.comRegisterEnria sees...

Rich world central banks on new ground

Al Worden

April 17, 2022

Central Banks

Over the years, the central banks of the rich world have become one-trick ponies. They print and flood the financial system with money to drive down interest rates at the slightest...

IMF points finger at central banks – but are they listening? | Philippe Inman

Al Worden

April 14, 2022

Central Banks

IInternational agencies saw their influence wane after the financial crash of 2008, as support for multilateral agreements gave way to quick fixes between governments. The International Monetary Fund and the W...

Maintain central bank autonomy

Al Worden

April 11, 2022

Central Banks

Helal Uddin Ahmed | Published: April 11, 2022 8:41:00 PM The country's central bank Bangladesh Bank (BB) is responsible for regulating and supervising the national banking sector. As has been sta...

The effect of central banks on the forex market – what every trader should know

Al Worden

April 7, 2022

Central Banks

No matter where you live, your country's monetary system is heavily influenced by the central bank, and actions taken by the central bank are likely to have a significant impact on the econ...

Central banks sell 6 tons of gold in February

Al Worden

April 5, 2022

Central Banks

Editor's Note: With such volatility in the markets, stay up to date with daily news! Get our quick roundup of today's must-see news and expert opinion in minutes. Register here! (Kitc...

Now is not the time for the Reserve Bank to hit inflation too hard

Al Worden

April 3, 2022

Central Banks

OPINION: One of the main causes of car accidents is "overcorrection". It is too easy to imagine the scenario. A driver loses his concentration, panics when he realizes that he has drifted to the left and ...

Bank of Canada’s Macklem to chair Basel Banking Committee oversight body

Al Worden

April 1, 2022

Central Banks

Bank of Canada Governor Tiff Macklem arrives for a news conference in Ottawa, Ontario, Canada March 3, 2022. REUTERS/Blair GableJoin now for FREE unlimited access to Reuters.comRegisterApril 1 (Reuters) - The w...

Why CBN intervenes in critical sectors – Emefiele | The Guardian Nigeria News

Al Worden

March 29, 2022

Central Banks

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, reiterated that the objective of the apex bank is to stabilize the macroeconomic sector. A statement fro...

Philippines central bank holds rate but warns country’s inflation to exceed target

Al Worden

March 26, 2022

Central Banks

MANILA, March 26 (Bloomberg): The central bank of the Philippines, which kept interest rates steady this week but warned that i...

Norway’s central bank hikes interest rates, plans steeper curve to curb inflation

Al Worden

March 24, 2022

Central Banks

The Norwegian central bank in Oslo on May 31, 2017.INTS KALNINS/ReutersNorway's central bank raised its benchmark interest rate on Thursday as expected and said it now plans to raise it at a faster pace than pr...

Central Bank warns against investing in cryptocurrency

Al Worden

March 22, 2022

Central Banks

The Central Bank has issued a warning about the risks of investing in crypto assets, as part of a Europe-wide awareness campaign. Potential investors are cautioned that crypto assets are highly risky and specu...

Unlike central banks in West, BOJ sticks to monetary easing

Al Worden

March 19, 2022

Central Banks

The Bank of Japan on March 18 decided to maintain its monetary relaxation measures rather than raise interest rates like central banks are doing in the United States and Eu...

Could central bank digital currencies help countries circumvent sanctions?

Al Worden

March 16, 2022

Central Banks

Countries have of course sought to circumvent the sanctions through contracts or arrangements that are not denominated in dollars. Examples include the “rupee-rial” mechanism introduced by India in 2012; the ...

European equity futures are higher; Diplomatic Hopes, Central Bank Meetings at Center By Investing.com

Al Worden

March 14, 2022

Central Banks

© Reuters By Peter Nurse Investing.com - European stock markets are set to open higher on Monday on heightened hopes for a diplomatic solution to the war in Ukraine at the start of a week dominated by ma...

Can central bank intervention alone support the Indian rupee?

Al Worden

March 12, 2022

Central Banks

Currency swap is a liquidity management tool that central banks use to control volatility in the currency market. It injects dollar liquidity with a repurcha...

The Central Bank of Brazil chooses 9 partners to develop the CBDC

Al Worden

March 10, 2022

Central Banks

The Central Bank of Brazil chooses 9 partners to develop the CBDCBrazil's central bank has revealed that it has chosen nine projects to move forward in its attempt to build a central bank digital currency (CBDC...

Australia and the United States could follow Europe on digital currencies

Al Worden

March 8, 2022

Central Banks

Central banks are considering digital currencies for different reasons. In Europe and China, they are seen as a defensive measure to ensure authorities retain control of fiat currencies and the money supply as...

Irish SPVs linked to Russia are mostly non-banks following 2014 sanctions

Al Worden

March 5, 2022

Central Banks

Russian companies outside the banking sector accounted for more than 60% of the €35.5 billion in assets held in Irish special purpose vehicles (SPVs) used for financing ...

Are central bank digital currencies the key to unlocking financial inclusion in Africa?

Al Worden

March 3, 2022

Central Banks

Technology is changing money as we know it. Financial technology or fintech as a form of financial innovation has reshaped the financial services industry, especially in sub-Saharan Africa. More recently, the...

Australia’s central bank holds rates steady, Ukraine fresh uncertainty

Al Worden

March 1, 2022

Central Banks

RBA keeps rates at 0.1%, reiterates patient's positionQ4 GDP is expected to post growth of 3% or moreCooling housing boom could limit potential rate hikesSYDNEY, March 1 (Reuters) - Australia's central bank kep...

Swift action finally brings meaningful sanctions against Putin’s regime | Ukraine

Al Worden

February 27, 2022

Central Banks

It took a week to get here, but Western governments laid down their polka-dot guns and pulled out the financial howitzers against Vladimir Putin.Wide-ranging new sanctions against Russia were announced on Satur...

Jagan urges officials to strengthen cooperative district central banks in AP – The New Indian Express

Al Worden

February 25, 2022

Central Banks

By Express press service VIJAYAWADA: Underscoring the need to protect and strengthen the cooperative banking system, Chief Minister YS Jagan Mohan Reddy on Thursday directed relevant ...

Russia and Ukraine put 10% US inflation on radar as BlackRock repeats central banks may have to live with inflation

Al Worden

February 22, 2022

Central Banks

The threat of a large-scale Russian invasion of Ukraine raises the risks of an energy supply shock, which some observers say could push the annual US inflation rate to 10% at some point. ...

Central banks could start, then slow the pace of interest rate hikes

Al Worden

February 20, 2022

Central Banks

Consumer price inflation in , is the highest since the early 1990s and could rise further in the coming months (Chart 1). This should continue to generate uncomfortable headlines for policymakers at the Bank ...

GBP EUR Pushes Higher on US Central Bank Comments

Al Worden

February 18, 2022

Central Banks

The GBP/EUR exchange rate was up 0.43% on Thursday after the US Federal Reserve gave the green light to interest rate hikes to fight inflation. The bank said rates are expected to rise "soon...

Central banks’ fight against inflation becomes a class war

Al Worden

February 16, 2022

Central Banks

Central banks have started to react to inflation. In February, the Bank of England raised its key rate for the second time in two months, and the US Federal Reserve is expected to do the same at its Mar...

Israel’s central bank says financial sector stable amid global risks

Al Worden

February 14, 2022

Central Banks

JERUSALEM, Feb 14 (Reuters) - A sharp decline in financial asset prices, rising inflation and a major new wave of COVID-19 infections pose the biggest risks to the global economy, the Bank said on Monday. Bank ...

Thinkpad: Living on a Prayer

Al Worden

February 12, 2022

Central Banks

Have a nice week end.This week was a kind of Thinkpad week - all about central banks. Two central banks in particular - the US Federal Reserve and the Reserve Bank of India. Both "live by prayer" in some resp...

Kenya’s central bank tests public opinion on digital currencies

Al Worden

February 10, 2022

Central Banks

NAIROBI, Feb 10 (Reuters) - Kenya's central bank has invited the public to comment on the potential introduction of a digital currency, breaking with its initial opposition to crypto-assets.The East African cou...

Crypto Assets ‘Very Unlikely’ to Get a Nod to Irish Retail Funds – Central Bank

Al Worden

February 8, 2022

Central Banks

The Central Bank of Ireland, which regulates international funds holding more than 4 trillion euros in assets, said on Tuesday it was 'highly unlikely' to allow funds ai...

The coming storm as central banks battle inflation will be much worse than expected

Al Worden

February 6, 2022

Central Banks

The cost of living crisis has many roots - primarily higher energy bills and other post-Covid import and supply issues, about to be exacerbated by the self-inflicted hurt of dues higher to national insurance. ...

Emerging market currencies may get support if their central bank rates rise

Al Worden

February 4, 2022

Central Banks

According to a recent Reuters poll, the decision of the US Federal Reserve to implement several rate hikes this year could keep emerging market currencies under pressure in the short term. However, countries t...

Irish Credit Bureau wind-up meeting hears of ‘fractured’ board

Al Worden

February 2, 2022

Central Banks

The chairman of the Irish Credit Bureau (ICB) and another director resigned at the end of a wind-up meeting on Monday, saying the board had become "irritable" in recent ...

Stocks and currencies rally ahead of central bank decisions

Al Worden

January 31, 2022

Central Banks

Jan 31 (Reuters) - Emerging market stocks rose on Monday after their worst week since August, while developing country currencies firmed ahead of key central bank meetings after a staunchly belligerent U.S. Fed...

global market: 5 global market themes for the coming week

Al Worden

January 29, 2022

Central Banks

Hot on the heels of the Federal Reserve, the British, Eurozone and Australian central banks are lining up to meet next week. The Bank of England is expected to raise rates for the second time in less than two m...

Toronto market rally tumbles on hawkish central banks

Al Worden

January 26, 2022

Central Banks

The Toronto Stock Exchange's S&P/TSX Composite Index edged up 4.91 points, or 0.02%, to 20,595.89, but that closing level was 1.6% below its intraday high. "The story of the day was the huge intr...

Singapore’s central bank tightens policy in surprise move

Al Worden

January 25, 2022

Central Banks

By P.R. Venkat Singapore's central bank unexpectedly tightened monetary policy on Tuesday as a preemptive measure to stem the inflationary impact of supply-side constraints and rising commodity pric...

European stocks fall in global selloff

Al Worden

January 22, 2022

Central Banks

European stocks slumped on Friday to mark a third week of losses as jitters over monetary policy tightening by central banks t...

Central bank to issue 20 baht polymer banknotes in March

Al Worden

January 20, 2022

Central Banks

The Bank of Thailand plans to start issuing 20 baht polymer banknotes on March 24. The Bank of Thailand plans to start issuing 20 baht polymer banknotes on March 24. The new banknotes are ...

Credit control must remain: central bank

Al Worden

January 16, 2022

Central Banks

STABLE INTEREST RATES: While other central bankers have called for increases, Governor Yang...