The International Monetary Fund is temporarily raising the limits on borrowing from its main lending facility, as countries face slowing growth and high debt vulnerabilities. On March 6, the IMF executive board approved an increase…
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Optimism over future easing clashed with what central bankers were actually saying by : Source link
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China has proposed a raft of changes to its financial regulatory system, including replacing its existing banking regulator with a new financial regulator with expanded powers. The Chinese government submitted the draft plan to its…
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Outgoing BoJ governor Haruhiko Kuroda The Bank of Japan kept its ultra-loose monetary policy unchanged at outgoing governor Haruhiko Kuroda’s last policy meeting today (March 10). The BoJ’s nine-member policy board unanimously decided to leave…
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The central banks of Israel, Norway and Sweden have published the results of cross-border retail digital currency experiments using a foreign exchange provider. Project Icebreaker, led by the Bank for International Settlements, developed a model…
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Central Bank of Morocco, Rabat International Monetary Fund managing director Kristalina Georgieva has backed a request by Morocco for a $5 billion flexible credit line (FCL). “Considering Morocco’s very strong policy frameworks and track record”,…
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While central banks have become more used to engaging with the public on social media in recent years, many still regard websites as a critical communications channel. “The website is really very important for us,…
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The Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago confirmed the search firm it employed to help select new president Austan Goolsbee employs his wife. His appointment was announced on December 1. He took…
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The Central Bank of Colombia approved the transfer of slightly more than $1.6 billion in net profits to the government on February 28. The board said it had nearly $1.8 billion in total profits from 2022…
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Reserve Bank of India HQ, Mumbai Like other central banks, the Reserve Bank of India carried out sweeping changes to its operations as Covid-19 struck. A new document published by the RBI sheds light on…
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