Singapore’s central bank posted a record annual loss in the 2022–23 financial year, mainly due to a stronger Singapore dollar and increased interest expenses. The Monetary Authority of Singapore recorded a net loss of S$30.8…
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The World Economic Forum (WEF) published principles for central bank digital currency (CBD) interoperability on June 29, warning of a possible split along geopolitical lines. Drawing on the WEF’s CBDC governance consortium meetings, the report…
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The top priorities of central banks’ communications teams for next year are to boost their social media presence and improving their websites, the Communications Benchmarks 2023 found. Of 39 institutions that responded to the question,…
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Singapore deputy prime minister and finance minister Lawrence Wong will become the chairman of the Monetary Authority of Singapore from July 8. Wong will replace Tharman Shanmugaratnam as chairman of the MAS’s board of directors,…
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The Communication Benchmarks 2023 reveal evolving trends in central banks’ efforts to inform and interact with the public. As was the case last year, media relations continued to be the top task for central bank’s…
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Zambia’s government has reached agreement with its official creditors to restructure its foreign debt, it announced on June 22. The deal paves the way for Zambia to unlock a new tranche of funding from the…
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It is highly common for central banks to offer background briefings on key initiatives to journalists, the Communications Benchmarks 2023 found. Ninety-five percent of the respondents (36 of 38 central banks) said they offer such…
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Manuel António Tiago Dias has become the new governor of the National Bank of Angola, succeeding José de Lima Massano. Angola’s president appointed Massano minister for economic co-ordination last week, following protests against increases in…
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A senior International Monetary Fund official has sketched out a model for an automated global central bank digital currency (CBDC) exchange platform. Tobias Adrian, director of the monetary and capital markets department, said this network…
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Central banks’ websites get more than half of their traffic from search engines on average, data from the Communications Benchmarks 2023 shows. For 31 central banks that responded to the question, search engines accounted for…
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