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Russia to onboard 17 more banks in digital ruble trials

Russia to onboard 17 more banks in digital ruble trials

The Bank of Russia has signed agreements with another 17 Russian lenders to join its trials for a central bank digital currency (CBDC), bringing the total to 30.  In a press statement on January 31,…

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Training central bank communicators – Central Banking

Training central bank communicators – Central Banking

For central banks, words matter. What monetary policy-makers say can guide people’s expectations and move financial markets. Being transparent about an institution’s policies and decisions is also key to maintaining public trust. In challenging times,…

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Head of Romania’s central bank ‘deepfaked’ by scammers

Head of Romania’s central bank ‘deepfaked’ by scammers

Head of Romania’s central bank ‘deepfaked’ by scammers – Central Banking End of drawer navigation content Skip to main content The National Bank of Romania The governor of the National Bank of Romania has been…

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Turkish president appoints ‘hawk’ as governor

Turkish president appoints ‘hawk’ as governor

The Central Bank of the Republic of Turkey Turkey’s central bank governor stepped down after just over six months in the role, with the president replacing her with one of her deputies.  Hafize Gaye Erkan…

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RBA staff considering industrial action over salary increases

RBA staff considering industrial action over salary increases

Reserve Bank of Australia (RBA) staff are considering taking industrial action after the latest round of wage negotiations with the central bank left them unsatisfied. The RBA has offered a 11% pay rise over the…

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Russia hosts Brics talks over cross-border use of CBDCs

Russia hosts Brics talks over cross-border use of CBDCs

The Bank of Russia is holding consultations with delegates from the Brics economic bloc and other friendly countries over the cross-border use of central bank digital currencies (CBDCs), Russian state media has reported. The bank’s…

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Costa highlights economic costs of gender inequality

Costa highlights economic costs of gender inequality

Gender inequality is a drag on economic growth and innovation, said Central Bank of Chile (BCCh) governor Rosanna Costa at the ECCB 40th anniversary global conference/Central Banking Autumn Meetings 2023 in St Kitts, on November 8. “Women…

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‘Digital pound’ enters next stage of design phase

‘Digital pound’ enters next stage of design phase

The UK’s proposed central bank digital currency (CBDC) has entered the next stage of its design phase after the Bank of England (BoE) and the Treasury on January 25 issued a joint response to last…

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People: Philadelphia Fed hires new number two

People: Philadelphia Fed hires new number two

Federal Reserve Bank of Philadelphia US: The Federal Reserve Bank of Philadelphia announced Jeanne Rentzelas would become its new number-two official, starting November 16. Rentzelas will succeed James Narron as first vice-president and chief operating…

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China appoints PBoC deputy governor

China appoints PBoC deputy governor

The Chinese government has appointed Lu Lei as a deputy governor of the central bank, in its second such appointment within a short time.   It also announced a further series of new appointments to senior…

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