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Danish central bank sceptical on retail CBDC

Danish central bank sceptical on retail CBDC

Denmark might not need a retail central bank digital currency (CBDC), argues its central bank in an analysis published on June 23. “At present, and with the associated costs and possible risks, it is not…

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Bank of Ghana adds 100bp as crises grind on

Bank of Ghana adds 100bp as crises grind on

The Bank of Ghana raised its policy rate by 100 basis points on January 30, to 28%. The January move is the seventh hike since November 2021, totalling 1,450bp. The relatively modest increase comes as…

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Papua New Guinea names new acting governor

Papua New Guinea names new acting governor

Elizabeth Genia has been appointed acting governor of the central bank, succeeding Benny Popoitai, who has been in the role since December 2021. Genia is currently assistant governor for corporate services. Papua New Guinea adopted…

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PBoC launches new phase of e-yuan pilot

PBoC launches new phase of e-yuan pilot

The People’s Bank of China has expanded its prototype central bank digital currency (CBDC), allowing it to be used on buses and for housing payments. The “e-yuan” can be used in Guangzhou to pay for…

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Lael Brainard may take White House post

Lael Brainard may take White House post

US president Joe Biden is considering Federal Reserve vice-chair Lael Brainard for a White House economic post, according to reports in several news outlets. The Washington Post first reported on January 25 that Brainard was…

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China’s CBDC spending surpasses 100 billion yuan

China’s CBDC spending surpasses 100 billion yuan

Transactions using the digital yuan surpassed 100 billion yuan ($14 billion) as of August 31, the People’s Bank of China reported on October 12, up from around 88 billion yuan in 2021.  More than 5.6…

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A suptech transformation: using tech to support the full supervisory lifecycle

A suptech transformation: using tech to support the full supervisory lifecycle

Regnology explores how – with the appropriate platforms, partners and processes in place – supervisory technology can be utilised as a driver of transformation. Central banks are facing a big data problem. Amid rapid innovation and steadily…

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The always imminent demise of the global dollar

The always imminent demise of the global dollar

The always imminent demise of the global dollar – Central Banking End of drawer navigation content Skip to main content Geopolitical rivals to the US have long bemoaned their dependence on the US dollar. France’s…

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Eight key elements to managing a central bank

Eight key elements to managing a central bank

In 2022, Central Banking gave me an award for ‘outstanding contribution for capacity building’ for my work in establishing the Central Bank of Bosnia and Herzegovina (CBBH). This article sets out some of the lessons…

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Danish National Bank gets new governor

Danish National Bank gets new governor

Denmark’s government has appointed a former civil servant to be the head of the be the country’s central bank governor, it announced today (January 20). Christian Kettel Thomsen will be governor of the Danish National…

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