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People: South Africa deputy governor plans to resign

People: South Africa deputy governor plans to resign

Sarb deputy governor Kuben Naidoo South Africa: South African Reserve Bank (Sarb) deputy governor Kuben Naidoo is resigning, according to media reports. Bloomberg reported on October 23 that Naidoo had submitted his resignation to president…

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Riksbank’s Flodén says inflationary pressures are too high

Riksbank’s Flodén says inflationary pressures are too high

Inflationary pressures in Sweden remain too high, Sveriges Riksbank deputy governor Martin Flodén said in a speech today (October 19). Last month, the consumer price index with fixed interest rate (CPIF) increased year on year…

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Riksbank needs a capital injection, says governor

Riksbank needs a capital injection, says governor

Sveriges Riksbank needs a capital injection to comply with the central bank’s law, governor Erik Thedéen told the Swedish parliament on October 24. In 2022 the central bank recorded a loss of over Skr80 billion…

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Botswana president appoints new governor

Botswana president appoints new governor

The president of Botswana, Mokgweetsi Masisi, appointed Cornelius Dekop governor of the Bank of Botswana on October 23. He succeeds Moses Pelaelo, who has served as governor since October 2016. The official statement did not…

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Colombia’s Acosta says early cuts ‘a big risk’

Colombia’s Acosta says early cuts ‘a big risk’

The newest member of the board of Colombia’s central bank has warned against lowering rates too soon, putting her at odds with the president who appointed her. “There’s a big risk in easing early then…

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Argentine candidate promises opposition seats on BCRA board

Argentine candidate promises opposition seats on BCRA board

The Central Bank of Argentina Argentinian presidential candidate Sergio Massa has said he will give half the posts in the central bank leadership to the opposition if he is elected. Speaking on television channel C5N,…

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EU council appoints Buch head of ECB’s supervisory board

EU council appoints Buch head of ECB’s supervisory board

The Council of the European Union today (October 19) appointed Claudia Buch as new chair of the European Central Bank (ECB) supervisory board. Buch currently serves as vice-president of the Deutsche Bundesbank. She will replace…

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Australia proposes crypto regulation reforms

Australia proposes crypto regulation reforms

Australia’s federal government published today (October 16) its proposed crypto reforms to protect consumers.  Crypto exchanges and digital asset platforms would be subject to existing Australian financial services laws and platform operators required to obtain…

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Brazil board united on continuing easing with 50bp cuts

Brazil board united on continuing easing with 50bp cuts

A member of the Brazilian central bank’s board has stressed that policy-makers are united around a programme of 50 basis point rate cuts. In a video published on October 16, deputy governor Mauricio Moura said…

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Burundi authorities arrest former governor

Burundi authorities arrest former governor

Burundian authorities have announced they have arrested and charged the former governor of the central bank, Dieudonné Murengerantwari. In an October 10 press release, the prosecutor-general’s office confirmed Murengerantwari’s arrest. It said he was arrested…

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