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…
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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…
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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…
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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…
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The South African Reserve Bank is looking into whether distributed ledger technology could be used for clearing and settlement, as part of a wider fintech initiative. On February 13, South Africa’s central bank outlined a…
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Central Bank of Colombia, Bogota Central banks tend to be able to influence capital flows through their monetary policy decisions, according to a meta-analysis published by the Central Bank of Colombia. Mauricio Villamizar-Villegas and co-authors…
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It was not “unreasonable” for the monetary board members of the Central Bank of Sri Lanka to invest in Greek government bonds in 2011, according to the country’s Supreme Court, which dismissed a legal complaint…
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US Federal Reserve chair Jerome Powell told reporters that the Fed would significantly reduce its guidance on future monetary policy actions. “As it relates to September, I said another unusually large increase could be appropriate,…
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The Financial Conduct Authority admitted to inadvertently publishing confidential information today (February 25), following a mix-up concerning a freedom of information request. In a statement, the regulator admitted the data breach had occurred following a…
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The Bank of England saw its profits dip in the 2017–18 financial year, as it invested in new capacity and rolled out a new series of polymer banknotes. The BoE’s annual report was published on…
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