The central banks of China, Hong Kong, Thailand and the United Arab Emirates have completed a cross-border digital currency trial co-ordinated by the Bank for International Settlements. The central bank digital currency (CBDC) trial ran…
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The Panel Malick Dioume, Director, Risk Management, Bank of Haiti Reinhold Felber, Head of Reserve Management, Operations Department,Central Bank of Luxembourg Hatem Ibrahim, Chief Financial Officer, Central Bank of Egypt Jarno Ilves, Head of Asset Management,…
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The International Monetary Fund has ruled out providing financial assistance to Zimbabwe, following a staff mission to the country. The mission’s leader, Dhaneshwar Ghura, said the IMF was “precluded from providing financial support to Zimbabwe…
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The presidents of several regional Federal Reserve Banks signalled they are set on tightening monetary conditions substantially to lower demand to meet constrained supply. Both Susan Collins of the Boston Fed and James Bullard of…
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The Bank of Uganda has publicly denied an opposition party’s claims that the government has broken the law by failing to repay a large loan. In a September 20 statement, the central bank said it…
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Inter-American Development Bank headquarters The board of governors of the Inter-American Development Bank (IDB) removed the bank’s president, Mauricio Claver-Carone, on September 26. The move came after the president failed to fully co-operate into an…
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Central banks raising interest rates around the world has revealed the structural weaknesses in decentralised finance (defi), Jay Powell said at a conference today (September 27). The Federal Reserve chair was joined by other top…
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More central banks are using exchange-traded funds (ETFs) to diversify their reserves in pursuit of safety, liquidity and returns. According to BlackRock’s Laurence Fink, chairman and chief executive, and Stanley Fischer, senior adviser, ETFs have…
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Almost all central banks offer training to staff in their communications departments, particularly in areas such as writing, public speaking and use of social media. Among benchmark respondents, 91% said they offer training to communications…
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The Inter-American Development Bank’s executive directors voted on September 22 to recommend firing president Mauricio Claver-Carone, after an investigation into his alleged abuse of office. The vote followed an external investigation into claims Claver-Carone gave…
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