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Implementation of Pix real-time payment system in Brazil was runaway success

‘Centrally Speaking’ underpins not just education, but monetary policy

The eurozone central bank has completed a multi-year project to develop its risk appetite framework.

Central Banking BSP says its website’s mobile-friendly design and chatbot has boosted effectiveness of communication The BSP website team with governor Benjamin Diokno (centre, with black tie), January 2020 Photo: BSP Websites are an important channel through which central banks communicate and engage with members of the general public and other external stakeholders. However, in a number of regions, central banks’ websites remain outdated and reliant on legacy templates. In August 2020, the governor of the Bank of Canada, Tiff Macklem, said central banks needed to spend “more effort sp...

Central Banking Reserve manager of the year: Bank Indonesia The Asian central bank stabilised the rupiah’s fall during the Covid-19 pandemic in large part due to its new macro-factor strategic asset allocation framework Photo: Christopher Jeffery Bank Indonesia has not only weathered the Covid-19 crisis, but done so while boosting its foreign exchange reserves to a new record high of $138 billion as of January 2021. The portfolio now represents around 12.5% of GDP, and could finance 10 months of imports – well above the international three-month minimum adequacy standard. While reserves f...