Changes in the international monetary system have typically been “profound but slow”, research published by the International Monetary Fund says. However, technological shifts could speed up the rate of change in future. Hector Perez-Saiz, Longmei…
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Afghanistan’s Taliban has appointed its acting finance minister as central bank governor, Reuters reported on March 22. Hidayatullah Badri took over from Mohammad Idris, who had led Da Afghanistan Bank since the Taliban re-took power in…
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Sweden does not yet need a central bank digital currency (CBDC), a government-appointed investigation said today (March 31). After more than two years’ work, the Payments Investigation presented over 900 pages of analysis to the government.…
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European Central Bank president Christine Lagarde was slightly injured in a car accident on March 24. An ECB spokesperson said Lagarde “suffered a very minor injury”. The accident caused no other serious injuries. She was…
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The Bank of Thailand’s wholesale central bank digital currency (CBDC) development began with Project Inthanon in 2018. Top executives wanted to better understand how distributed ledger technology (DLT) can be applied to “enhance the efficiency…
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A round-up of central bankers in the news and on the move during the past three months by : Source link
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An International Monetary Fund working paper finds Islamic banking systems are most vulnerable to possible negative effects of central bank digital currency (CBDC). CBDCs may affect monetary policy through their effect on money velocity, bank…
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Yi Gang, governor of the People’s Bank of China The nominal legislature in China, the National People’s Congress, has just rubber-stamped a new government for the next five years. There is a new leadership team…
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Swift is moving into the second phase of its cross-border central bank digital currency (CBDC) pilot, conducted with 18 central and commercial banks. Banque de France, the Deutsche Bundesbank and the Monetary Authority of Singapore,…
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The State Bank of Vietnam Vietnam’s central bank cut several policy rates by 100 basis points on March 15, after the prime minister ordered it to support property developers. The State Bank of Vietnam reduced…
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