China Sprints Ahead in Race to Modernize Global Money Flows
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is
2023-08-09 12:26
Philippine Central Banker Keeps Door Open to Further Rate Hike
New Philippine central bank Governor Eli Remolona signaled that further monetary policy tightening is still on the table
2023-07-15 14:55
Modi’s Push to Take Indian Rupee Global Gets Off to a Slow Start
India’s year-old campaign to boost the rupee’s role in cross-border payments has made little headway, according to people
2023-07-07 14:18
Global Inflation Risk Rises Despite Lower Prices, Economist Says
The risks of a prolonged period of elevated inflation have increased despite the current decline in prices in
2023-06-26 01:59
Final Stretch of Central-Bank Hiking Will Be Toughest, BIS Says
The unprecedented cycle of global interest-rate increases is entering its most challenging stretch as inflation threatens to become
2023-06-25 17:23
Ex-BIS Official Remolona Is Next Philippine Central Bank Chief
The Philippines has tapped Eli Remolona, a member of the central bank’s policymaking board, to head the monetary
2023-06-23 18:23
BOE a Step Closer to Launching Digital Pound After Project Rosalind Study
The Bank of England is a step closer to launching its own digital currency after a yearlong project
2023-06-16 17:20
Backlash Against Weaponized Dollar Is Growing Across the World
All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China
2023-06-02 21:59
Don’t Give Up Inflation Fight, BIS’s Carsten Tells Central Banks
Global central banks can’t afford to flinch in what may be a prolonged struggle to fully tame consumer
2023-05-20 01:27
Swiss Government Wants to Enshrine Cash in the Constitution
The Swiss government wants to enshrine the availability of cash in the constitution and will let citizens decide
2023-05-17 17:56
Wall Street’s Dependence on London Clearing Worries EU Watchdog
Wall Street banks have made “no significant moves” away from London’s dominant clearing service since Brexit, raising concerns
2023-05-17 17:56