In a recent appearance on CNN Prima News’ Partie Terezie Tománková, Governor of the Czech National Bank (CNB) Aleš Michl discussed the institution’s monetary stance, […]
Category: News
China’s central bank reduces foreign exchange reserves by $63.5 billion in December 2024
By Alimat Aliyeva Last December, the People’s Bank of China (PBOC), the country’s central bank, reduced its foreign exchange reserves by 1.94%, or $63.5 billion, […]
Bundesbank: digital euro targets payment sovereignty threats from US, China – Ledger Insights
In a recent interview, Bundesbank board member Burkhard Balz spoke about his view on the need for a digital euro. In the wake of Russia’s […]
Czech central bank governor mulled investing in Bitcoin – Ledger Insights
The Governor of the Czech National Bank, Aleš Michl, told an interviewer that he had considered investing a small amount of central bank funds in […]
Vietnam central bank to keep flexible monetary policy, monitor Trump policies By Reuters
HANOI (Reuters) – Vietnam will maintain a flexible monetary policy aimed at controlling inflation, while authorities will monitor the policies of U.S. President-elect Donald Trump […]
Dollar Dominance Dwindles as Central Banks Diversify Reserves
The US dollar lost further ground as global reserve currency among many reserve currencies held by central banks. Its share has been zigzagging lower for […]
Czech central bank mulls Bitcoin to diversify foreign exchange reserves
Key Takeaways CNB Governor Aleš Michl is considering Bitcoin for its foreign exchange reserve strategy. The CNB currently focuses on gold to achieve low inflation […]
Mark Carney: the ‘rock star central banker’ weighing up run to be Canada’s PM | Mark Carney
Mark Carney, who has said he is considering a run to replace Justin Trudeau as the Canadian premier, spent seven years in the UK as […]
Divergence: the balance sheets edition
This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered […]
Gold Prices Climb As US Dollar Weakens And China Buys
What’s going on here? Gold prices have reached new highs as the US dollar stumbles and China’s central bank boosts its gold reserves, making waves […]