Studying the distribution of exchange rate returns can give a more complete picture of how exchange rate risks vary with the global financial cycle, researchers say in a new Bank of England working paper. Fernando…
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Rosa María Lastra and Lee Buchheit, Sovereign debt management, Oxford University Press, 2014, 487+ lvi pages These days, when elections in a southeastern European Union member state and discussions about the best ways to revitalise…
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View a printable version of this report in PDF format “We rely more on social media,” a central bank in the Americas said of its response to Covid-19. The comment encapsulated a trend that has…
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Interpol has withdrawn a ‘wanted’ notice for Gillmore Hoefdraad, former governor of the Central Bank of Suriname (CBvS), over concerns the charges are unclear and may be politically motivated. Grossman Young & Hammond, a US…
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The Federal Reserve Bank of New York The Federal Reserve Bank of New York has sold the final securities in its Maiden Lane portfolio, created in the wake of Bear Stearns’s near-collapse during the global financial…
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The National Bank of Kazakhstan The International Monetary Fund has warned the authorities in Kazakhstan to proceed carefully with a planned overhaul of supervision, saying it risks undermining existing capabilities. In a statement at the…
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Central Bank of the Republic of Kosovo The International Monetary Fund has urged Kosovan authorities to appoint a new central bank deputy governor and to fill a vacancy on the supervisory board. The recommendations continue…
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More than two-thirds of central banks think it is either ‘possible’ or ‘likely’ that they will issue a retail central bank digital currency (CBDC) in either the short or medium term, the Bank for International…
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The Bank of Lithuania’s licensing has gone digital. From July 3, prospective banks have been able to apply through the central bank’s new e-licensing tool, offering easier access to smaller players. “We hope it will…
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Seven threats from big tech’s libra – Central Banking Can central banks avoid a ‘big tech’ monetary meltdown? Facebook’s move to set up an international stablecoin called ‘libra’ sent shockwaves through the central banking community,…
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