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People: Novelist named to Honduras central bank board

People: Novelist named to Honduras central bank board

Honduras: President Xiomara Castro has appointed Julio Escoto to the board of the Central Bank of Honduras, the central bank reported on social media on September 28. Escoto is a novelist and essayist. He has…

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BIS wraps up cross-border CBDC trial

BIS wraps up cross-border CBDC trial

Project Mariana explored FX settlement using ‘automated market-makers’ by : Source link

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BoE publishes terms of reference for Bernanke review

BoE publishes terms of reference for Bernanke review

The Bank of England published the terms of reference for a review of its economic forecasting on September 25. The review, led by former Federal Reserve chair Ben Bernanke, is a response to criticism that…

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Chinese prosecutors charge ex-PBoC official with taking bribes

Chinese prosecutors charge ex-PBoC official with taking bribes

Chinese authorities have charged a former deputy governor of the central bank with accepting bribes. The state prosecutor’s office in the central city of Huanggang announced it had filed charges against Fan Yifei with a…

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Ex-governor issues stern warnings about planned RBA revamp

Ex-governor issues stern warnings about planned RBA revamp

Former governor Ian Macfarlane has hit out at planned changes to the Reserve Bank of Australia’s (RBA) board structure, saying it would pose “huge risks” to the institution. Australian treasurer Jim Chalmers commissioned an independent…

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Milei picks professor to be (last) central bank governor

Milei picks professor to be (last) central bank governor

The Central Bank of Argentina Argentinian presidential candidate Javier Milei has announced his candidate to take over the central bank — to fulfil his campaign promise of abolishing it. Milei told Radio El Observador he…

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Carstens says lack of legal clarity on CBDC ‘unacceptable’

Carstens says lack of legal clarity on CBDC ‘unacceptable’

Allowing “outdated legal frameworks” to hamper the development of central bank digital currency is “simply unacceptable”, Agustín Carstens said on September 27. The Bank for International Settlements general manager described the legal framework as a…

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Colombian policy-makers clash over rates

Colombian policy-makers clash over rates

Central Bank of Colombia, Bogota Members of the Colombian central bank’s board have clashed over lowering the policy rate ahead of the September 29 monetary policy meeting. On September 21, the news magazine Semana quoted…

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Nigerian president nominates new governor after Emefiele resigns

Nigerian president nominates new governor after Emefiele resigns

The Central Bank of Nigeria Nigerian president Bola Tinubu nominated a new central bank governor on September 15, as the previous incumbent apparently resigned while under security service arrest. Tinubu is nominating Olayemi Michael Cardoso,…

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Hungary’s gamified CBDC pilot designed for children

Hungary’s gamified CBDC pilot designed for children

The Central Bank of Hungary (MNB) launched the second version of its central bank digital currency (CBDC) app in May. But in contrast to most such pilots, the gamified interface is aimed at children. “This…

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