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Former Guinea governor held by police

Former Guinea governor held by police

Conakry, capital of Guinea The former governor of Guinea’s central bank was held in police custody for several days from February 4, news site Africa Guinée has reported. Africa Guinée said that police summoned Lounsény Nabé…

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Boston Fed-MIT team hails successful CBDC test

Boston Fed-MIT team hails successful CBDC test

Researchers in the US released the much-anticipated findings of a joint central bank digital currency (CBDC) infrastructure project on February 3, highlighting significant achievements on processing speed.   The collaboration between the Massachusetts Institute of…

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Podcast: collaboration as the key to better data

Podcast: collaboration as the key to better data

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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Emerging market stock returns impacted by dollar – BIS paper

Emerging market stock returns impacted by dollar – BIS paper

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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Mass walkout at RBI disrupts clearing and settlement

Mass walkout at RBI disrupts clearing and settlement

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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RBI’s Patra highlights value of bold crisis communications

RBI’s Patra highlights value of bold crisis communications

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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Suriname courts convict second former governor

Suriname courts convict second former governor

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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Brainard hits back again at ‘tailoring’ regulations

Brainard hits back again at ‘tailoring’ regulations

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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Pakistan passes central bank autonomy law

Pakistan passes central bank autonomy law

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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People: RBNZ completes leadership reshuffle

People: RBNZ completes leadership reshuffle

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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