The Bank for International Settlements has published a report on its first project to test a retail central bank digital currency (CBDC). The BIS worked with the Hong Kong Monetary Authority for a year to…
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The Tongan government has appointed a former finance minister who has been convicted of bribery as the country’s central bank governor. Tatafu Moeaki became governor of the National Reserve Bank of Tonga on December 20.…
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The Central Bank of Nigeria Nigeria: The Nigerian Senate confirmed Aishah Ahmad and Edward Adamu for second terms as deputy governors of the central bank on December 14. Both officials originally joined the Central Bank…
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Uptake of China’s digital yuan has been disappointing, a former head of research at the People’s Bank of China said. Xie Ping, now a finance professor, was speaking at a digital finance conference organised by…
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Australian central bank governor Philip Lowe said he intends to stay in the top job and hopes he will be reappointed for a second term. “My term finishes in September. I’ve got an important job…
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Brad Jones, assistant governor of the Reserve Bank of Australia, expressed optimism about the future of central bank digital currency (CBDC) in remarks on December 8, but also said many design choices need further analysis.…
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In recent months, there has been a great deal of discussion in the financial media about how aggressive Fed tightening has pushed up the dollar and poses (at least) two dangerous consequence for the global…
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Former Central Bank of Myanmar deputy governor Bo Bo Nge faces an at-best uncertain future at the hands of a capricious and brutal regime, experts say. The armed forces arrested Bo Bo Nge during the…
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National Bank of Kazakhstan The National Bank of Kazakhstan has announced plans to expand its prototype central bank digital currency (CBDC), the digital tenge, over the next three years. In 2023–24, the focus will be…
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The Central Bank of Sri Lanka The Sri Lankan government backed a new draft of the statute governing the Central Bank of Sri Lanka (CBSL) on December 19. A draft of a new monetary law…
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