The Central Bank of West African States (BCEAO) on March 11 denied reports on social media that it plans to devalue the CFA franc. The central bank – which operates across eight West African states,…
Read More
Mexico’s central bank governor has rejected a statement by the country’s president that implicated him in a controversial loan. On August 26, in his daily press conference, Mexican president Andrés Manuel López Obrador accused the public…
Read More
The Central Bank of Iran (CBI) may be forced to print money, potentially adding to the country’s rapid money supply growth, as the government looks for ways to fill a widening gap in its finances.…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More