The Bank for International Settlements is paying out an extra dividend to its 63 central bank shareholders this year, after the rapid market recovery in 2020 generated large profits. Net profits were SDR1.2 billion ($1.7…
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The South African Reserve Bank celebrated its hundredth anniversary today (June 30) in a virtual celebration attended by former governors and the heads of international organisations. “The Sarb is a solid institution that all South Africans…
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Iran’s outgoing president has promoted the central bank’s deputy governor to the top role, one month after dismissing his predecessor. Akbar Komijani will become the Central Bank of Iran’s governor after being approved by the…
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The Federal Reserve’s decision to issue a central bank digital currency (CBDC) should be made independent of what Chinese policy-makers do, an official from the St Louis Fed says. “I think China’s going to do…
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The Monetary Authority of Singapore has launched a new grant fund to help financial firms test new forms of technology before deploying it live. Under the regtech grant scheme, an extension of the central bank’s…
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Clint Eastwood, star of ‘The good, the bad and the ugly’ Financial markets are fixated on prospects for US inflation and Federal Reserve policy, and appropriately so. Rising interest rates may exacerbate already-elevated debt burdens…
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Covid-19 could act as a catalyst for a Janet Yellen-supported Fed move to adopt elements of price-level targeting. But questions remain about the timing of such a move by : Source link
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Finance minister Grant Robertson has sparred with the RBNZ over house prices Once a world-leading, single-minded guardian of price stability, the Reserve Bank of New Zealand (RBNZ) is increasingly answering to a diverse range of…
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Sveriges Riksbank will revise its internal ethical regulations following breaches by employees, it said today (June 18). “In connection with a routine check of employees’ asset transactions, it has been noted that a few employees…
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The Bank of England will not be paying a dividend to the government this year, as its loss-absorbing capital dipped below the minimum level agreed with the UK Treasury. The BoE did make a pre-tax…
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