The Central Bank of Malta Alfred Mifsud, former deputy governor of the Central Bank of Malta, won a libel suit against late journalist Daphne Caruana Galizia on February 9. A magistrate ordered Caruana Galizia’s estate…
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One key reason the Bank of England is “likely” to issue a central bank digital currency (CBDC) is to ensure tech firms are not able to corner the market for payment systems, Jon Cunliffe said…
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The central banks of Australia and South Korea have renewed a currency swap agreement and lengthened its duration from three to five years. The Reserve Bank of Australia and the Bank of Korea first signed…
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The Ghanaian government intends to “securitise” its debts to the central bank, as part of efforts to restructure the country’s heavy public debts, following a default on much of the external debt in December. Ghanaian…
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The board of the Central Bank of Barbados named deputy governor Alwyn Jordan acting governor on February 1, a day after previous governor Cleviston Haynes’s term ended. Jordan had been appointed deputy governor in October 2019, promoted…
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Denmark might not need a retail central bank digital currency (CBDC), argues its central bank in an analysis published on June 23. “At present, and with the associated costs and possible risks, it is not…
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The Bank of Ghana raised its policy rate by 100 basis points on January 30, to 28%. The January move is the seventh hike since November 2021, totalling 1,450bp. The relatively modest increase comes as…
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Elizabeth Genia has been appointed acting governor of the central bank, succeeding Benny Popoitai, who has been in the role since December 2021. Genia is currently assistant governor for corporate services. Papua New Guinea adopted…
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The People’s Bank of China has expanded its prototype central bank digital currency (CBDC), allowing it to be used on buses and for housing payments. The “e-yuan” can be used in Guangzhou to pay for…
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US president Joe Biden is considering Federal Reserve vice-chair Lael Brainard for a White House economic post, according to reports in several news outlets. The Washington Post first reported on January 25 that Brainard was…
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