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The strong dollar, global inflation and global recession

The strong dollar, global inflation and global recession

In recent months, there has been a great deal of discussion in the financial media about how aggressive Fed tightening has pushed up the dollar and poses (at least) two dangerous consequence for the global…

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Bo Bo Nge in hands of ‘arbitrary’ regime

Bo Bo Nge in hands of ‘arbitrary’ regime

Former Central Bank of Myanmar deputy governor Bo Bo Nge faces an at-best uncertain future at the hands of a capricious and brutal regime, experts say. The armed forces arrested Bo Bo Nge during the…

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Kazakhstan explores crypto co-existence in Binance CBDC trials

Kazakhstan explores crypto co-existence in Binance CBDC trials

National Bank of Kazakhstan The National Bank of Kazakhstan has announced plans to expand its prototype central bank digital currency (CBDC), the digital tenge, over the next three years.  In 2023–24, the focus will be…

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Sri Lanka cabinet approves draft of new central bank law

Sri Lanka cabinet approves draft of new central bank law

The Central Bank of Sri Lanka The Sri Lankan government backed a new draft of the statute governing the Central Bank of Sri Lanka (CBSL) on December 19. A draft of a new monetary law…

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Court rejects bid to arrest CBN governor

Court rejects bid to arrest CBN governor

A federal court in the Nigerian capital, Abuja, rejected an attempt to arrest central bank governor Godwin Emefiele on terrorism charges, Nigerian media reported on December 20. A judge threw out an application from the…

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Shoppers in Hong Kong encouraged to use e-yuan

Shoppers in Hong Kong encouraged to use e-yuan

The People’s Bank of China (PBoC) is promoting adoption of the e-yuan among shoppers in Hong Kong.  Bank of China (Hong Kong), one of the three note-issuing banks, is encouraging customers to use the e-yuan…

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Podcast: mapping entity relationships – Central Banking

Podcast: mapping entity relationships – Central Banking

Regtech enables supervisory authorities to collect and validate regulatory data from reporting entities. However, data dictionaries across jurisdictions differ, posing a problem for understanding interconnectedness in the financial system. Central Banking is joined once again…

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ECB adopts new ethics rules on trading

ECB adopts new ethics rules on trading

European Central Bank, Frankfurt The European Central Bank published a new ethics code on December 16, tightening rules on equities holdings for its senior officials. The central bank announced the new regulations in the wake…

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Myanmar sentences ex-deputy governor to 20 years

Myanmar sentences ex-deputy governor to 20 years

A Myanmar court has sentenced former deputy central bank governor Bo Bo Nge to 20 years in prison. News website the Irrawaddy reported that the trial took place on December 13, citing district court staff. The…

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Brazilian governor outlines digital wallet and CBDC plans

Brazilian governor outlines digital wallet and CBDC plans

The governor of the Central Bank of Brazil (BCB) has given details of how the country’s proposed digital currency would interact with plans for a new digital wallet. Speaking at an event on December 13, Roberto…

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