The Reserve Bank of India adopted an unusually forthright communications strategy during the Covid-19 crisis that helped maintain calm and give guidance over policy, deputy governor Michael Patra said on January 28. The RBI usually…
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A Surinamese court has convicted Robert-Gray van Trikt, governor of the central bank from 2019 to 2020, of money laundering and corruption-related charges. The court sentenced van Trikt to eight years imprisonment on January 31,…
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Lael Brainard has again publicly criticised the Federal Reserve’s softening of regulation, as US regulators finalised plans to reduce the resolution requirements for some banks and loosen swap margin rules. “Today’s rule goes beyond the…
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The State Bank of Pakistan The Senate of Pakistan passed a law granting greater independence to the central bank on January 28. The vote, carried 43–42, completes the parliamentary passage of the law. The National…
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Reserve Bank of New Zealand, Wellington New Zealand: The Reserve Bank of New Zealand (RBNZ) has appointed Karen Silk as assistant governor and general manager of economics, financial markets and banking. As part of her…
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The Indian government directed the Reserve Bank of India to begin developing a central bank digital currency (CBDC) today (February 1), as part of a package of budgetary measures unveiled by finance minister Nirmala Sitharaman. “Introduction…
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The Reserve Bank of India is drawing on new technology to support its supervision as it looks to keep up with the proliferation of fintech firms in the country, governor Shaktikanta Das said in recent…
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The Bank of Canada kept interest rates unchanged but removed its forward guidance today (January 26). The policy interest rate stands at 0.25%. Economic slack was absorbed “faster than expected” in late 2021, the…
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The Reserve Bank of India (RBI) has adopted a new approach to communicating its debt management strategy, unveiling a three-year plan on December 31. The medium-term debt management strategy (MTDS) document lays out the RBI’s…
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The Bank of England is looking to improve the diversity of its market intelligence contacts through the ‘meeting varied people’ initiative, launched today (April 21) by governor Andrew Bailey. Speaking at an online event, Bailey said…
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