The Bank of Uganda has publicly denied an opposition party’s claims that the government has broken the law by failing to repay a large loan. In a September 20 statement, the central bank said it…
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Inter-American Development Bank headquarters The board of governors of the Inter-American Development Bank (IDB) removed the bank’s president, Mauricio Claver-Carone, on September 26. The move came after the president failed to fully co-operate into an…
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Central banks raising interest rates around the world has revealed the structural weaknesses in decentralised finance (defi), Jay Powell said at a conference today (September 27). The Federal Reserve chair was joined by other top…
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More central banks are using exchange-traded funds (ETFs) to diversify their reserves in pursuit of safety, liquidity and returns. According to BlackRock’s Laurence Fink, chairman and chief executive, and Stanley Fischer, senior adviser, ETFs have…
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Almost all central banks offer training to staff in their communications departments, particularly in areas such as writing, public speaking and use of social media. Among benchmark respondents, 91% said they offer training to communications…
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The Inter-American Development Bank’s executive directors voted on September 22 to recommend firing president Mauricio Claver-Carone, after an investigation into his alleged abuse of office. The vote followed an external investigation into claims Claver-Carone gave…
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Central bank digital currencies (CBDCs) are being investigated by around 90% of central banks around the world. Work is at different stages, with some engaging in research, some experimenting with proofs-of-concept and others performing pilots.…
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In 2021, net assets in exchange-traded funds (ETFs) stood at almost $10 trillion, after inflows of more than $1 trillion. ETFs have risen in popularity among investors and may be of interest to central bank…
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The advent of social media more than a decade ago has given institutions powerful tools to inform and engage with the public. Many central banks now see social media as an effective and important means…
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Paraguay’s president should not appoint a finance ministry official to the central bank board, a former governor and the institution’s staff union said. Mario Abdo Benítez nominated Carmen Marín to the Central Bank of Paraguay…
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