Central banks are studying options to take central bank digital currency (CBDC) capabilities offline, says John Kiff, a retired International Monetary Fund financial expert. In an article published by the IMF, Kiff says offline digital…
Read More
After a year in operation, the UK’s regulatory ‘sandbox’ has achieved many of the goals set out by regulators, the Financial Conduct Authority says in a ‘lessons learned’ report published today (October 20). The sandbox has…
Read More
The International Monetary Fund must do a better job of policing currency manipulation, and should work towards a better understanding of emerging market economies (EMEs), Shaktikanta Das said on July 26. The Reserve Bank of…
Read More
The Asian Development Bank Emerging East Asia’s local currency bonds are performing well but the region should prepare for the possibility of “tighter liquidity” as US quantitative easing is expected to end in October, according…
Read More
Rupal Patel, Jack Meaning, Can’t we just print more money? Economics in ten simple questions, Cornerstone Press, May 2022, 320 pages “Never apologise, never explain.” The infamous dictum of former Bank of England governor Montagu…
Read More
The Reserve Bank of New Zealand (RBNZ) has launched a new “streamlined” whistleblowing policy, which allows people to raise concerns directly with the regulator. “Whistleblowing is a critical avenue for those wanting to shine a…
Read More
The Bank of England achieved “favourable outcomes” on both income and costs in the 2017–18 fiscal year, leading to larger profits than the central bank had planned for, according to Court minutes published on April…
Read More
The Reserve Bank of Australia says it is setting up a new panel of private-sector economists to collect views on topics ranging from current economic challenges to forward guidance. The RBA says the new panel…
Read More
The State Bank of Pakistan The government of Pakistan appointed Jameel Ahmad to a five-year term as the new governor of the State Bank of Pakistan on August 19. Ahmad succeeds Reza Baqir, who left office…
Read More
The Bank of Russia has announced plans to connect all Russian banks to the digital ruble in 2024, as it fast-tracks plans to circumvent sanctions. Cross-border integration with the digital yuan and the central bank…
Read More