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Kosovo’s parliament votes for new governor

Kosovo’s parliament votes for new governor

The Central Bank of the Republic of Kosovo Kosovo’s parliament voted to nominate a new central bank governor on July 14, after four months in which the job was held by an acting candidate. Ahmet…

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BIS reports gaps in CBDC cyber security modelling

BIS reports gaps in CBDC cyber security modelling

Most central banks in the world are working on their own digital currencies, but the Bank for International Settlements has found gaps in cyber threat modelling that pose a risk to trust in the new…

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Should the ECB disclose governing council members’ votes?

Should the ECB disclose governing council members’ votes?

In contrast to the US Federal Reserve, the Bank of England, Sveriges Riksbank and the Bank of Mexico, the European Central Bank does not disclose the direction of individual governing council votes in the accounts…

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Book notes: O Governador, by Luis Rosa

Book notes: O Governador, by Luis Rosa

Luis Rosa, O Governador, D.Quixote, November 2022, 372 pages After a tumultuous decade, the Portuguese economy finally entered a period of stable and rapid growth in 1985, with accession to the European Communities. As advanced…

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People: Natia Turnava becomes first woman to lead NBG

People: Natia Turnava becomes first woman to lead NBG

Georgia: The National Bank of Georgia’s (NBG) board has elected Natia Turnava as first vice-governor. The appointment means Turnava takes over as acting governor – the first woman to perform the governor’s duties. “Georgia managed…

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New York Fed completes global digital dollar proof of concept

New York Fed completes global digital dollar proof of concept

The Federal Reserve Bank of New York has conducted proof-of-concept experiments into the digital dollar for wholesale domestic and cross-border payments, exploring a global, near-real time, 24/7 payment system. Participants in the central bank digital…

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EME central banks favour social media, AE institutions prefer traditional channels

EME central banks favour social media, AE institutions prefer traditional channels

Central banks from emerging market economies (EMEs) tend to favour social media for disseminating information to the public, while advanced economy institutions still prefer traditional channels, data from the Communications Benchmarks 2023 suggests. On average,…

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MAS posts record $22.8 billion loss

MAS posts record $22.8 billion loss

Singapore’s central bank posted a record annual loss in the 2022–23 financial year, mainly due to a stronger Singapore dollar and increased interest expenses. The Monetary Authority of Singapore recorded a net loss of S$30.8…

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World Economic Forum warns of CBDC ‘alliances’

World Economic Forum warns of CBDC ‘alliances’

The World Economic Forum (WEF) published principles for central bank digital currency (CBD) interoperability on June 29, warning of a possible split along geopolitical lines.  Drawing on the WEF’s CBDC governance consortium meetings, the report…

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Boosting social media and improving websites top priorities for comms teams

Boosting social media and improving websites top priorities for comms teams

The top priorities of central banks’ communications teams for next year are to boost their social media presence and improving their websites, the Communications Benchmarks 2023 found. Of 39 institutions that responded to the question,…

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