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Israeli PM offers Yaron second term as governor

Israeli PM offers Yaron second term as governor

Amir Yaron is likely to remain as the Bank of Israel’s governor after prime minister Benjamin Netanyahu offered him a second term today (November 20). In a statement posted on social media, Netanyahu and finance…

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IMF launches CBDC handbook – Central Banking

IMF launches CBDC handbook – Central Banking

The International Monetary Fund launched its central bank digital currency (CBDC) virtual handbook on November 15, aimed at ministries of finance and central bankers, to guide their work on the new form of money. “We…

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Bank of Portugal’s ethics committee clears Centeno

Bank of Portugal’s ethics committee clears Centeno

The Bank of Portugal’s ethics committee cleared governor Mário Centeno of any wrongdoing today (November 15). The central bank asked the committee on November 13 to assess whether Centeno had incurred conflicts of interest after…

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ECCB preparing to launch ‘DCash 2.0’

ECCB preparing to launch ‘DCash 2.0’

The Eastern Caribbean Central Bank (ECCB) is preparing for a full “commercial deployment” of DCash, the central bank digital currency (CBDC) it has been piloting since March 2021. Governor Timothy Antoine said the ECCB “intends…

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UK financial institutions are ‘global public good’, says Bailey

UK financial institutions are ‘global public good’, says Bailey

Bank of England governor Andrew Bailey has said the UK’s financial infrastructure is a “global public good”, requiring international standards and co-operation to maintain. Bailey, speaking at a conference in Dublin on November 8, warned…

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Niger junta arrests, then releases, central bank official

Niger junta arrests, then releases, central bank official

The Central Bank of West African States (BCEAO) in Dakar, Senegal The Niger country director for the Central Bank of West African States (BCEAO) was arrested on October 31, according to a Radio France International…

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CBDCs could challenge foundations of monetary economics, says Tombini

CBDCs could challenge foundations of monetary economics, says Tombini

Central bank digital currencies could “challenge the foundations of monetary economics”, said the Bank for International Settlements’ chief Americas official. CBDC “issuance requires substantial efforts, and depending on their design they could challenge the foundations…

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Fiscal policy may complicate fight against inflation, says Macklem

Fiscal policy may complicate fight against inflation, says Macklem

Tiff Macklem, governor of the Bank of Canada Bank of Canada governor Tiff Macklem has warned fiscal and monetary policy are working at cross-purposes. “It would be helpful if monetary and fiscal policy was rowing…

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People: New governor in Sierra Leone

People: New governor in Sierra Leone

Sierra Leone: Ibrahim Stevens has become governor of the Bank of Sierra Leone, according to government and media sources. Stevens has been first deputy governor since July 2014. Stevens succeeds Kelfala Kallon, who had been…

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SNB to launch live wCBDC pilot in December

SNB to launch live wCBDC pilot in December

The Swiss National Bank will launch its live wholesale central bank digital currency (wCBDC) pilot on December 1, it announced on November 2.  Six banks – Banque Cantonale Vaudoise, Basler Kantonalbank, Commerzbank, Hypothekarbank Lenzburg, UBS…

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