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India extends programmable CBDC welfare scheme

India extends programmable CBDC welfare scheme

The Reserve Bank of India’s e-rupee is entering a new phase as the retail central bank digital currency is rolled out across two territories to citizens accessing food welfare programmes. The launch of CBDC-based food…

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Africa’s domestic debt shift raises costs and risks, BIS warns

Africa’s domestic debt shift raises costs and risks, BIS warns

Africa’s shift to an increasing reliance on domestic rather than foreign currency borrowing has led to higher debt service costs and increased rollover risks, the Bank for International Settlements has said. In a paper titled…

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Anchoring expectations ‘critical’ in energy shock – BIS researchers

Anchoring expectations ‘critical’ in energy shock – BIS researchers

Researchers at the Bank for International Settlements have stressed the importance of anchoring inflation expectations and hinted that some central banks may be reacting too slowly to the most significant energy shock in decades. Ryan…

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Croatian central bank website cloned in scam operation

Croatian central bank website cloned in scam operation

Croatian central bank website cloned in scam operation – Central Banking Skip to main content End of drawer navigation content Fabricated “national financial access programme” offers fake handouts The Croatian National Bank The Croatian National…

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Central Bank of Libya governor resigns

Central Bank of Libya governor resigns

The Central Bank of Libya, Tripoli The governor of the Central Bank of Libya, Naji Issa, has handed in his resignation, as the divided nation continues to struggle with a weakening currency. In two documents…

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China and Kazakhstan to link CBDCs

China and Kazakhstan to link CBDCs

China and Kazakhstan to link CBDCs – Central Banking Skip to main content End of drawer navigation content Central bank agreement includes currency swap and linking interbank payments systems to settle in national currencies China…

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Europe’s central banks say ‘No!’ to priority Truth Social access

Europe’s central banks say ‘No!’ to priority Truth Social access

Central banks around Europe say they are not signing up to “Truth API”, a priority access service for users of Truth Social. The Banque de France, Bank of Spain, National Bank of Romania, Norges Bank,…

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ECB succession race: Netherlands throws weight behind Knot

ECB succession race: Netherlands throws weight behind Knot

The government of the Netherlands has formally put forward Klaas Knot as a candidate to succeed Christine Lagarde at the helm of the European Central Bank. Should he be appointed, Knot, who headed The Netherlands…

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Digital euro would have ‘muted’ effect on banks’ funding – paper

Digital euro would have ‘muted’ effect on banks’ funding – paper

A new paper from the Deutsche Bundesbank finds that the digital euro with a €3,000 ($3,461) holding limit would have “contained” effects on banks’ liquidity. Two economists from the German central bank, Ulrich Krüger and…

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Joint US-Japan FX intervention could advance BoJ tightening

Joint US-Japan FX intervention could advance BoJ tightening

The first joint US-Japan foreign exchange intervention in nearly 30 years occurred last week, and experts tell Central Banking that this may bring forward the Bank of Japan’s next policy tightening move, which would be…

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