The Bank of Israel is set to launch a sandbox for private sector players to experiment with a possible central bank digital currency (CBDC). It is building an application programming interface (API)-based sandbox, deputy governor…
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European Central Bank (ECB) executive board member Piero Cipollone has called for changes to tech firm Apple’s payments system. Cipollone said Apple must change its approach in a letter sent to Thierry Breton, the European…
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The Deutsche Bundesbank is the latest central bank to partner with the Massachusetts Institute of Technology (MIT) on a central bank digital currency (CBDC) project. Bundesbank president Joachim Nagel announced on April 16 that the…
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The State Bank of Pakistan The State Bank of Pakistan (SBP) said on April 13 that it had repaid a $1 billion international bond issue. This comes as the country seeks to secure long-term financial assistance…
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The first banknotes in today’s sense were issued in Sweden during the 1660s. Since then, their imitation has been a major concern for issuers. Despite that, wide communications on notes, and particularly their security features,…
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The executive board of the International Monetary Fund (IMF) renewed Kristalina Georgieva’s position as managing director for a second five-year term, it announced on April 12. The decision was unanimously approved by the board. Georgieva…
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The Reserve Bank of Zimbabwe Zimbabwe has introduced a new currency which will be backed by the country’s gold reserves, its newly appointed central bank governor announced on April 5. Reserve Bank of Zimbabwe governor…
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The Swiss National Bank is exploring how wholesale central bank digital currency (wCBDC) can be used in monetary operations, chairman Thomas Jordan said on April 8. The SNB has been trialling wCBDC through Project Helvetia,…
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Senior Federal Reserve officials have said they have time to watch before deciding to change US monetary policy, however Fed chair Jerome Powell nonetheless hinted the Federal Open Market Committee (FOMC) could cut rates if…
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People: January to March 2024 – Central Banking End of drawer navigation content Skip to main content A round-up of central bankers in the news and on the move during the past three months Recep…
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