Transactions using the digital yuan surpassed 100 billion yuan ($14 billion) as of August 31, the People’s Bank of China reported on October 12, up from around 88 billion yuan in 2021. More than 5.6…
Read More
Regnology explores how – with the appropriate platforms, partners and processes in place – supervisory technology can be utilised as a driver of transformation. Central banks are facing a big data problem. Amid rapid innovation and steadily…
Read More
The always imminent demise of the global dollar – Central Banking End of drawer navigation content Skip to main content Geopolitical rivals to the US have long bemoaned their dependence on the US dollar. France’s…
Read More
In 2022, Central Banking gave me an award for ‘outstanding contribution for capacity building’ for my work in establishing the Central Bank of Bosnia and Herzegovina (CBBH). This article sets out some of the lessons…
Read More
Denmark’s government has appointed a former civil servant to be the head of the be the country’s central bank governor, it announced today (January 20). Christian Kettel Thomsen will be governor of the Danish National…
Read More
It remains to be seen whether central bank digital currencies (CBDCs) “once implemented, will help solve for financial inclusion or deepen the digital divide”, Neha Narula said at Davos on June 18. Narula is director…
Read More
The non-bank financial sector helps to dampen the global impact of US monetary policy shocks, research published by the Bank of England finds. David Elliott, Ralf R Meisenzahl and José-Luis Peydró carry out an empirical…
Read More
The US Federal Reserve reported on January 13 that the country’s 12 reserve banks provided $76 billion in net profits to the US Treasury in 2022. Most of the reserve banks ceased remittances in September,…
Read More
The Mexican finance ministry has nominated Omar Mejía Castelazo to fill a vacancy on the Bank of Mexico board, it announced on January 5. If approved by the Senate, Mejía will succeed Gerardo Esquivel, whose term…
Read More
Users of the e-yuan, China’s central bank digital currency (CBDC), can now conduct offline payments, without internet or battery power. The “Tap to Pay” function is currently available on Android phones. Users can select how…
Read More