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Obituary: Liu Hongru, 1930–2025 – Central Banking

Obituary: Liu Hongru, 1930–2025 – Central Banking

The People’s Bank of China Liu Hongru, a deputy governor of the People’s Bank of China from 1980 to 1989, passed away on March 14. A mostly under-the-radar figure, Liu was an influential official during…

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Hungary’s central bank publicly clashes with opposition leader

Hungary’s central bank publicly clashes with opposition leader

Hungary’s central bank publicly clashes with opposition leader – Central Banking End of drawer navigation content Skip to main content MNB says unnamed politician failed to comply with inquiry; Tisza head says he is target…

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Trump administration escalates attacks on Powell

Trump administration escalates attacks on Powell

Trump administration escalates attacks on Powell – Central Banking End of drawer navigation content Skip to main content Kevin Hassett says White House is studying whether president can fire Fed chair The US administration “will…

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The implications of IFRS 18 for central banks

The implications of IFRS 18 for central banks

The implications of IFRS 18 for central banks – Central Banking End of drawer navigation content Skip to main content The new accounting rule may require changes in reporting practices and systems, complicating consistency and…

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Bank of Thailand to start choosing new governor ‘within days’

Bank of Thailand to start choosing new governor ‘within days’

Bank of Thailand to start choosing new governor ‘within days’ – Central Banking End of drawer navigation content Skip to main content Sethaput Suthiwartnarueput’s term to end in September Bangkok, Thailand Thailand’s finance minister has…

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IMF agrees $20 billion loan deal with Argentina

IMF agrees $20 billion loan deal with Argentina

IMF agrees $20 billion loan deal with Argentina – Central Banking End of drawer navigation content Skip to main content Fund disburses $12 billion immediately as BCRA moves currency regime to managed float The Central…

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Rewriting the monetary balance sheet

Rewriting the monetary balance sheet

Rewriting the monetary balance sheet – Central Banking End of drawer navigation content Skip to main content Biagio Bossone and Massimo Costa write that a new accounting approach is needed for central banks and commercial…

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MNB to suspend controversial foundation

MNB to suspend controversial foundation

MNB to suspend controversial foundation – Central Banking End of drawer navigation content Skip to main content Ex-governor calls audit “smear campaign”; government blames ECB for not allowing closer surveillance The Central Bank of Hungary…

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Andrew Bailey to be next FSB chair

Andrew Bailey to be next FSB chair

Andrew Bailey to be next FSB chair – Central Banking End of drawer navigation content Skip to main content Klaas Knot will step down from organisation in June as his term at DNB also comes…

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Arab Monetary Fund provides $306.5m of debt relief to Somalia

Arab Monetary Fund provides $306.5m of debt relief to Somalia

The Arab Monetary Fund (AMF) has signed a $306.5 million debt relief agreement with Somalia. The country’s finance minister Bihi Egeh confirmed the agreement yesterday (April 9) in a post on social media. He said it…

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