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Book notes: Central banking before 1800, by Ulrich Bindseil

Book notes: Central banking before 1800, by Ulrich Bindseil

Ulrich Bindseil, Central banking before 1800: a rehabilitation, Oxford University Press, 2019, 336 pages Many of us raised in the Anglo tradition had the impression that the Bank of England (BoE) had been the first…

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Guinean governor’s arrest may be linked to gold dispute, say reports

Guinean governor’s arrest may be linked to gold dispute, say reports

Conakry, capital of Guinea The Guinean military junta’s arrest of the central bank governor may be linked to a dispute over gold reserves, a media report suggested. Lounseny Nabé, the former governor of the Central…

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Markus Brunnermeier on the need for CBDCs

Markus Brunnermeier on the need for CBDCs

The eurozone has been pressing ahead with research into a digital euro. European payment systems are facing profound disruption from new technology, but debate continues on whether central bank digital currency (CBDC) is the correct…

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Switzerland grants fintech firms access to interbank payment system

Switzerland grants fintech firms access to interbank payment system

Swiss authorities granted fintech firms access to an interbank payment system, modifying an ordinance on financial institutions on January 1, the Swiss National Bank said today (January 11). The federal government added a new licensing…

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Latin American dollar debts could cause systemic risk, paper says

Latin American dollar debts could cause systemic risk, paper says

Tighter Fed policy could spell trouble for countries with large dollar debts The dollar debt of Latin American companies has risen much faster than exports over the past decade and now represents a major financial…

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RBI paper explores challenges in public debt management

RBI paper explores challenges in public debt management

A working paper published by the Reserve Bank of India on August 10 highlights a host of challenges facing public debt management in the country, including a “narrow investor base”. In Public debt management in…

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Bank of Canada governor says rate increase ‘was first step’

Bank of Canada governor says rate increase ‘was first step’

Tiff Macklem, Governor of the Bank of Canada The Bank of Canada’s governor said on March 3 that the previous day’s 25-basis points policy rate rise was “the first step on the path to higher…

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UK regulators extend complaints review after pressure from lawmakers

UK regulators extend complaints review after pressure from lawmakers

A consultation into the complaints scheme of the UK’s financial regulators has been extended after concerns were raised by a parliamentary committee. On September 11, the chair of the Treasury Select Committee sent letters to…

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BoE to implement TCFD climate impact recommendations

BoE to implement TCFD climate impact recommendations

The Bank of England will implement recommendations made by the Task Force on Climate-related Financial Disclosures (TCFD) when publishing its 2019–20 annual report. The TCFD recommendations are aimed at helping businesses and other organisations to…

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Union objects to Colombian central bank’s branch closures

Union objects to Colombian central bank’s branch closures

The union that represents workers at the Colombian central bank has condemned its plans to repurpose some of its regional branch offices. The union, Anebre, claimed the central bank was engaging in a “labour massacre”…

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