Central Banking Archives - Page 91 of 103

IMFC backs new trust to channel resources to vulnerable economies

The International Monetary and Financial Committee says it backs a proposed trust that would allow the International Monetary Fund to channel resources to a wider range of needy countries. The IMFC – one of the…

Central banks still value diversification, say reserve managers

The sharp increase in US sovereign debt yields in the past few months is unlikely to result in central bankers ending their decade-long pursuit of foreign exchange diversification, according to delegates attending National Asset and…

Mexican inflation rising rapidly, warns deputy governor

Mexico faces considerable inflationary pressure and possibly “inflationary inertia”, Jonathan Heath, a deputy governor and member of the Bank of Mexico board, said on October 13. Speaking on a podcast produced by Mexican banking group…

Georgieva promises to learn lessons from ‘Doing Business’ controversy

Kristalina Georgieva speaks to World Bank president David Malpass International Monetary Fund chief Kristalina Georgieva says the recent controversy around her actions at the World Bank underscores the importance of listening to staff concerns. Addressing…

How will Covid-19 hit central banks’ financial results?

The economic fallout from the Covid-19 pandemic – as witnessed during previous crises – has had an important influence on the money creation process and the seigniorage booked into the financial results of central banks.…

Central Bank of the UAE prepares to gain insurance powers

The Central Bank of the United Arab Emirates is preparing to gain new powers over insurance, as part of the government’s ambition to make it one of the top 10 central banks globally. The central bank…

People: FCA chair steps down; Esma chair steps up

Charles Randall, chair of the FCA UK: The chairman of the UK’s Financial Conduct Authority and Payment Systems Regulator has announced he will step down early from both roles in the spring of 2022. Charles…

G7 says retail CBDC networks should be carbon neutral

Central bank digital currency networks should look to use “carbon neutral or sustainable energy sources”, according to a report from the Group of Seven. On October 13, G7 finance ministries and central banks published 13…

Bank of Canada picks MindBridge for AI fraud detection trial

The Bank of Canada is working with MindBridge, an artificial intelligence analytics firm, in the hope of finding new ways to detect payments fraud. MindBridge was chosen to take on the “challenge” in the next…

The eurozone’s eastern conundrum – Central Banking

The eurozone took a key step towards enlargement in July. At the request of the Bulgarian and Croatian authorities, the lev and the kuna were included in the Exchange Rate Mechanism II, a key prerequisite…

Tag: Central Banking

IMFC backs new trust to channel resources to vulnerable economies

Central banks still value diversification, say reserve managers

Mexican inflation rising rapidly, warns deputy governor

Georgieva promises to learn lessons from ‘Doing Business’ controversy

How will Covid-19 hit central banks’ financial results?

Central Bank of the UAE prepares to gain insurance powers

People: FCA chair steps down; Esma chair steps up

G7 says retail CBDC networks should be carbon neutral

Bank of Canada picks MindBridge for AI fraud detection trial

The eurozone’s eastern conundrum – Central Banking

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