Central banks worldwide have been working to enhance the ways they collect and analyse data for supervisory purposes. Increasingly, this is pushing central banks to work more closely with industry to improve data tools. “I…
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Research published by the Bank for International Settlements presents further evidence that the US dollar impacts financial conditions around the globe, finding a key role for the exchange rate in driving stock market returns. Valentina…
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A mass walkout at the Reserve Bank of India (RBI) saw the majority of its 17,000 staff strike today (November 19), leading to “some interruptions” in the central bank’s clearing and settlement operations. Staff were…
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The Reserve Bank of India adopted an unusually forthright communications strategy during the Covid-19 crisis that helped maintain calm and give guidance over policy, deputy governor Michael Patra said on January 28. The RBI usually…
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A Surinamese court has convicted Robert-Gray van Trikt, governor of the central bank from 2019 to 2020, of money laundering and corruption-related charges. The court sentenced van Trikt to eight years imprisonment on January 31,…
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Lael Brainard has again publicly criticised the Federal Reserve’s softening of regulation, as US regulators finalised plans to reduce the resolution requirements for some banks and loosen swap margin rules. “Today’s rule goes beyond the…
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The State Bank of Pakistan The Senate of Pakistan passed a law granting greater independence to the central bank on January 28. The vote, carried 43–42, completes the parliamentary passage of the law. The National…
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Reserve Bank of New Zealand, Wellington New Zealand: The Reserve Bank of New Zealand (RBNZ) has appointed Karen Silk as assistant governor and general manager of economics, financial markets and banking. As part of her…
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The Indian government directed the Reserve Bank of India to begin developing a central bank digital currency (CBDC) today (February 1), as part of a package of budgetary measures unveiled by finance minister Nirmala Sitharaman. “Introduction…
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The Reserve Bank of India is drawing on new technology to support its supervision as it looks to keep up with the proliferation of fintech firms in the country, governor Shaktikanta Das said in recent…
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