Central Banks
Brexit unlikely to affect sterling’s reserve currency status
No-deal scenario could put major downward pressure on the currency
PBoC makes record fund injection into financial system
Central bank pumps 570 billion yuan via open-market operations
Fed takes cautious stance on rate path
Incoming Fed officials signal there may be a rate-hike pause
Governor Yi defends PBoC’s easing measures
Cut in reserve requirements calibrated so as not to undermine deleveraging, says Yi Gang
Kuroda defends BoJ’s asset purchases
Central bank could face problems when it unloads ETFs, former senior official warns
Beyond payments: central bank digital currencies
Issuance of central bank digital currencies, such as Sweden’s proposed e-krona, could facilitate monetary policy beyond zero lower bound
Volatility will not deter central banks
FX Week Europe panellists think central banks may see return of volatility as healthy mechanism that causes investors to recalibrate expectations
Hurdles remain for euro as international reserve currency
Dollar’s incumbency, institutional deficiencies and rise of renminbi hamper progress of single currency
Argentina adopts floating FX regime to tackle peso crisis
IMF extends running standby arrangement to $57.1 billion
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Central bankers continue to struggle with crypto
Uncertainty around the assets’ use and regulation calls for further research, debate finds
Trade wars to stay for decades, say panellists
The conflict is a struggle for dominance between the US and China, say economists at the 14th annual FX Week Asia event
Singapore aims to become e-FX hub for Asia, says Loh
Speaking at FX Week Asia, MAS’s Jacqueline Loh says Singapore wants more price discovery to take place
Caxton FX to provide open banking payments
Customers will be able to make international payments directly from its platform
China’s FX reserves unexpectedly rose in July
Total reserves stockpile increases by $5.82 billion as the central bank stays on the sidelines
SNB governor on lifting the currency floor
Thomas Jordan speaks about currency intervention, negative rates and FX reserves
New Chinese FX crackdown to hit corporate hedging
Despite new reserve requirement, dealers say ‘maturity’ in risk management is here to stay
Renminbi payments hold steady in June – Swift
China’s currency keeps its fifth most-used currency spot for global payments, according to Swift
China’s FX reserves unexpectedly inch higher in June
Total reserves stockpile increases by $1.5 billion against the backdrop of a weaker yuan and escalating trade dispute
China FX reserves at seven-month low in May
PBoC figures show $14.2 billion decrease, bringing total reserves stockpile to seven-month low of $3.11 trillion
Banque de France selects Quod Financial
French central bank chooses Quod for FX aggregation needs
Chinese crypto research puts ethereum in first place
Ethereum ranked number one in public blockchains while bitcoin is ranked only 13th
BIS commits to FX Global Code
The institution says it is committed to conducting its FX market activities in a manner that adheres with the 55 principles
China's FX reserves rise in March
The $8.3bn increase is a slight turnaround from February’s decline