updated Fri. April 13, 2018
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Trinidad Guardian
March 31, 2018
The Monetary Policy Committee (MPC) of the Central Bank of T&T has decided to hold the repo rate at its current level of 4.75 per cent, according to the latest Monetary Policy Announcement (MPA). The repo rate is the rate the Central Bank applies to overnight financing provided to commercial banks ...
newsBTC
March 31, 2018
According to the report, China's central bank expects various governments to improve their supervision over digital currencies, and an increased use of cryptocurrencies as a means of exchange and payments. "China should actively participate in the global governance of digital currencies" in order ... Cryptocurrency
Philippine Star
March 31, 2018
In the same report, the New York-based think tank said it expects full-year 2018 inflation to breach the central bank's 2-4 percent target band, adding that consumer prices will likely keep rising to hit a peak in July to September. "We are forecasting a 4.2 percent average for the year under the new ...
Bitcoinist
March 31, 2018
PYMNTS.com
March 30, 2018
What's more, it reported there were no disruptions to the other payment and settlement systems that the central bank uses. "All unauthorized transactions were stopped through prompt action in strong collaboration with SWIFT, other central banks and financial institutions," the bank stated. Meanwhile, a spokesperson ...
Economic and Political Weekly
March 29, 2018
To explore the empirical validity of the proposition that a rise in the interest rate would necessarily lead to a lower rate of inflation, empirical evidence from 158 countries, during 1981 to 2013, is used to critically evaluate this widely accepted idea. Based on the findings, it is argued that from a policyÃÂ ...
Coindesk
March 29, 2018
China's central bank has said cryptocurrencies will be one of its top priorities this year, in an effort to protect the national currency. According to an announcement Thursday, People's Bank of China (PBoC) has outlined its agenda for the coming year during a conference call focused on monetaryÃÂ ...
Irish Times
March 28, 2018
The Central Bank received €25 billion of Government bonds in February 2013 under a restructuring of so-called promissory notes, which had been used by the State during the financial crisis to rescue Anglo Irish, which was subsequently renamed Irish Bank Resolution Corporation (IBRC). IBRC had beenÃÂ ...
Irish Times
March 28, 2018
The Central Bank has warned of the “increased indebtedness” of consumers who sign PCPs, as well as the banking system's exposure to the car market with the controversial scheme now the go-to source for finance in the Irish market. PCPs, or personal contract plans, were introduced following theÃÂ ...
Caixin Global
March 26, 2018
Further financial sector liberalization is needed to improve competitiveness, said the new head of the People's Bank of China (PBOC) during one of his first public appearances less than a week after being named China's first new central bank governor in 15 years. Financial sector opening should followÃÂ ...
Sputnik International
March 26, 2018
Kristian Rouz — The European Central Bank (ECB) is taking its first steps towards wrapping up its bond-buying program, known as quantitative easing (QE), which is due to end this September. Such measures are crucial to preventing possible disruptions in Eurozone investment and economic growthÃÂ ...
U.S. News & World Report
March 26, 2018
China's Central Bank Governor Yi Gang speaks at the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in ... further open its financial sector while putting "equal emphasis" on preventing risks through regulation and supervision, the new central bank governor saidÃÂ ...
New York Times
March 26, 2018
By adding the role of party secretary of the central bank, Mr. Guo emerges with even broader responsibilities over the country's financial system. Mr. Guo has already run the China Banking Regulatory Commission for the past year, and a week ago, the National People's Congress voted to fold the country'sÃÂ ...
CNBC
March 26, 2018
China will steadily reform and further open its financial sector while putting "equal emphasis" on preventing risks through regulation and supervision, the new central bank governor said on Sunday. In his first public speech since becoming central bank chief last week, Yi Gang told the China DevelopmentÃÂ ...
CoinDesk
March 16, 2018
The chief of the Monetary Authority of Singapore (MAS), the city-state's de facto central bank, has spoken of blockchain's potential in international payments. ... MAS has partnered with the Bank of Canada "to test and develop a cross-border solution using crypto tokens issued by the two central banks.".
U.S. News & World Report
March 15, 2018
RIYADH (Reuters) - Saudi Arabia's central bank raised its two key interest rates by 0.25 percentage points on Thursday in an apparent effort to prevent ... The central bank lifted its repo rate, at which it lends to commercial banks, to 2.25 percentage points and its reverse repo rate, at which commercial banksÃÂ ...
africanews
March 15, 2018
The Sudanese pound has weakened against the dollar in recent months on the black market amid a shortage of hard foreign currency, in turn forcing the central bank to devalue the pound twice this year. Since January, sporadic protests have erupted in Khartoum and some other parts of the country afterÃÂ ...
CoinDesk
March 15, 2018
A portfolio company of Overstock's Medici Ventures arm, Bitt said it had signed a memorandum of understanding with the ECCB to test its technology for know-your-customer, anti-money-laundering and combating the financing of terrorism procedures within the central bank's member nations.
The Economist
March 15, 2018
Amid the cacophony of blockchain-based would-be substitutes for official currencies, central banks from Singapore to Sweden have been pondering whether they should issue digital versions of their own money, too. None is about to do so, but a report prepared by central-bank officials from around theÃÂ ...
Coindesk
March 15, 2018
The new governor of Taiwan's central bank has said speculation has taken over from cryptocurrencies' original role as a payments tool. Earlier this year, while still in his role as deputy chief of the central bank, Yang Chin-long indicated that the central bank has started the evaluation of the benefits andÃÂ ...
Red Deer Advocate
March 9, 2018
OTTAWA — Even with reassuring trade news out of the United States, a senior Bank of Canada official warned Thursday of serious consequences related to steel and aluminum tariffs as he sent signals the bank's in no rush to raise interest rates. Deputy governor Timothy Lane said in a speech that theÃÂ ...
Independent.ie
March 9, 2018
The Central Bank found that in approximately 30pc of credit unions that operate prize draws, staff and directors have won prizes over the period October 2014 to March 2017. The probe found: “Draws were conducted by staff, who were eligible to enter the draw, with no independent oversight present.
CNBC
March 9, 2018
[The stream is slated to start at 13:30 GMT. Please refresh the page if you do not see a player above at that time.] European Central Bank (ECB) President Mario Draghi is speaking at the institution's headquarters in Frankfurt, Germany, following the Governing Council's interest rate decision. Investors willÃÂ ...
CoinDesk
March 8, 2018
The statements reveal the widening ambitions of the company, which is also looking into applications in the area of artificial intelligence, as previously reported by Quartz. The central bank-focused push also comes as Bitmain reportedly looks to grow its mining footprint, with an eye to expanding in Canada.
Business Recorder
March 6, 2018
BELGRADE: Serbia's central bank is expected to keep its benchmark rate at 3.5 percent when its Executive Board meets on Thursday, a poll of dealers and traders showed, as the dinar currency remains strong and inflation is likely to rise later in the year. Eight out of 12 analysts and traders polled byÃÂ ...
Institutional Investor
March 6, 2018
Other major central banks look likely to follow in the Fed's footsteps, and first in line is the ECB. For the moment, it's still adding to its balance sheet by buying assets as part of its quantitative easing programme, although it's doing so more slowly: it has reduced its monthly purchases from €60 billion to €30ÃÂ ...
CNBC
March 6, 2018
The euro is expected to strengthen further on Thursday if the ECB gives up the so-called "easing bias" — where the central bank favors a more accommodative policy. Minutes from the last monetary policy meeting in January showed that the bank could announce changes to monetary policy in "early" 2018.
Moneyweb.co.za
March 6, 2018
Unlike most central banks in the world, the South African Reserve Bank has been privately owned since it was established in 1921. But its shareholders have no control over monetary policy, financial stability policy or banking regulation. The ANC repeated on Tuesday that the current ownership structure ofÃÂ ...
Xinhua
March 5, 2018
BEIJING, March 5 (Xinhua) -- China's central bank Monday skipped open market operations, amid efforts to keep liquidity in the banking system at a stable and reasonable level. The People's Bank of China said that the refund of financial institutions' required reserve payment and local treasury cashÃÂ ...
Eng.Lsm.lv
March 5, 2018
However, the central bank has included such mind-boggling additional texts that we could not resist sharing them below. Having given the government its thoughts on tax reform, healthcare reform and educational reform, it seem the venerable institution-cum-think-tank has now turned its attention to anÃÂ ...
The Business Times
March 5, 2018
[ZURICH] Switzerland's central bank earned 2.02 billion Swiss francs (S$2.84 billion) from negative interest rates it charges commercial banks during 2017, it said on Monday, as one of its deputy governors announced he was leaving. Alternate governing board member Thomas Wiedmer will quit at the endÃÂ ...
South China Morning Post
March 5, 2018
Last Friday, Haruhiko Kuroda, the governor of the Bank of Japan, surprised international investors by announcing for the first time a date (April 2019) for the start of a debate over how to unwind the BoJ's aggressive quantitative easing programme provided the central bank's 2 per cent inflation target is met.
Seeking Alpha
March 5, 2018
BOJ Kuroda to reinforce message no change in policy until inflation nearer target. BOJ forecasts this to be FY2019. Expectations for changes of forward guidance have been tapered. US jobs market remains strong, wage growth and work week will likely revert to longer-term averages. The German SocialÃÂ ...
Global News Network
March 5, 2018
The Central Bank of Liberia (CBL) has declared more than US 5million to the Ways Means and Finance Committee of the Legislature as amount left behind in the former government's account. The Governor of the CBL, Milton Weeks said: “An amount of about US 5,637,000.00 was left in government'sÃÂ ...
South China Morning Post
February 24, 2018
President Xi Jinping's bold plan to transform China's increasingly complex financial agencies has made his trusted aide Liu He the most likely candidate to head the central bank, according to sources close to the People's Bank of China. The Harvard-educated technocrat – and President Xi Jinping'sÃÂ ...
Independent.ie
February 24, 2018
"As part of the Central Bank's gatekeeper role which again has been in place since 2011, 40 individuals who had applied to take up senior positions within financial services firms withdrew their applications following robust challenge by the Central Bank, which in many cases involved one or moreÃÂ ...
ABC News
February 24, 2018
FILE- In this Jan. 23, 2018 file photo the European Central Bank, ECB, is lit up in Frankfurt, Germany. The European Central Bank said Saturday, Feb. 24, 2018 it has determined that Latvia's crisis-struck ABLV Bank is failing or likely to fail, and the bank will be wound up under its home country's law.
Lawfare (blog)
February 23, 2018
At the same time, some countries that house major financial centers—and even some that do not—have sought to attract the assets of foreign central banks through legislation that ensures immunity from enforcement measures. For its part, the United States has expanded the immunity of central bank assetsÃÂ ...
Irish Times
February 23, 2018
On day 30 of Mr Drumm's trial at Dublin Circuit Criminal Court the jury listened to recordings of phone calls between employees of Anglo, the Central Bank and McCann Fitzgerald Solicitors, all of which took place on dates in late September 2008. Six of the eight calls played were conversations between MrÃÂ ...
The Economist
February 22, 2018
GOVERNORS of the Bank of Japan (BoJ) tend not to linger long in their post. Twenty-two people have headed the institution since 1914, compared with 16 at the Federal Reserve and 12 at the Bank of England. The last time a BoJ governor won a second term was 1961, when Japan's economy wasÃÂ ...
Seeking Alpha
February 22, 2018
Thomas Jordan, Chairman of the Governing Board Swiss National Bank, published an article recently entitled "How money is created by the central bank and the banking system". Actually, the article is the transcript of a speech. "Sovereign Money" is a quite widely used phrase which means the same asÃÂ ...
New Telegraph Newspaper
February 11, 2018
Nigeria's apex Bank, the Central Bank is set to hold a Tweet meet aimed at informing and educating Nigerians on the efforts being made by the Bank to grow the economy especially against the backdrop of our exit from recession in the last quarter of 2017. The meet is scheduled to hold on Monday, 12thÃÂ ...
Gulf Times
February 11, 2018
While central banks tend to eschew efforts to look beyond their mandate, policy makers in Moscow appear willing to take on the challenge of ... Under her stewardship, the central bank has argued that low and stable inflation will translate into gains for the economy by encouraging savings and investment.
euronews
February 11, 2018
BEIJING (Reuters) – China's central bank's top researcher has called for the People's Bank of China (PBOC) to provide greater supervision over the financial system, without advocating for major changes in the country's regulatory architecture. “In the current environment of frequent financial chaos, weÃÂ ...
InterAksyon
February 11, 2018
“A likely breach in the inflation target alongside intensifying external imbalances suggest that the central bank will need to hike policy rates. We expect tightening to commence in March,” economists Eugenia Fabon Victorino and Sanjay Mathur said in a research note, adding that the window to keep policyÃÂ ...
Exchange News Direct
February 11, 2018
The Dubai Financial Services Authority (DFSA) and the Central Bank of Oman signed a Memorandum of Understanding (MoU) to cooperate in the supervision and authorisation of firms operating in both markets. The MoU was signed in the Dubai International Financial Centre by Mr Bryan Stirewalt,ÃÂ ...
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