You Searched For "central banks us" and got 16 results
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2 mins read
The Fed may release its long-awaited paper on central bank digital currencies as early as next week, report says
Jerome Powell has said CBDCs would negate the need for stablecoins, but other observers say a digit…
Isabelle Lee
1 min read
US and Taliban enter talks to release $3.5 billion in central bank currency reserves amid humanitarian crisis
A US delegation met with senior Taliban officials in Uzbekistan for talks about unfreezing $3.5 bil…
Phil Rosen
2 mins read
The EU should seize Russia's currency reserves to fund the rebuilding of Ukraine, the bloc's leading diplomat says
The EU, the US and allies froze the bulk of Russia's more than $600 billion of foreign currency res…
Harry Robertson
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
1 min read
Afghanistan's central bank drained most of its cash reserves before the country fell to the Taliban
One of Afghanistan's biggest lenders said the country's banking system is now close to collapsing a…
Jake Epstein,John Haltiwanger
1 min read
The State Of Monetary Policy In Every Major Economy In The World
China - Targeted Easing In view of strong growth headwinds, the PBOC is likely to maintain the loo…
Sam Ro
1 min read
The dollar's reserve status has taken a hit in recent years, while China's yuan has seen its share rise, JPMorgan finds
The dollar's share of global currency reserves has fallen since the US-China trade war, but the yua…
Phil Rosen
2 mins read
A US congressman has proposed a bill to limit the Fed's ability to issue its own digital currency
Rep. Tom Emmer said the Fed should not have central authority over the retail accounts of Americans…
Isabelle Lee
2 mins read
More rich countries worried about the dollar want to buy gold
A World Gold Council survey found a record share of central banks from advanced economies planned t…
Huileng Tan
2 mins read
The adoption of central bank digital currencies is 'inevitable' - though the US still has 2 problems to overcome, says Bank of America
"Central banks have the power and the will to prevent a very bad outcome," the analysts said, addin…
Isabelle Lee
1 min read
Deputy US Treasury secretary says Taliban will not have access to Afghan central bank reserves, which are mostly in the US
"It's essential that we maintain our sanctions against the Taliban but at the same time find ways f…
Azmi Haroun
2 mins read
Central banks that don't issue their own digital tokens could see demand for their currencies drop - CBDCs could even be part of their policy toolkit, Bank of America says
Central bank digital currencies are inevitable and could even play a part in monetary policy, Bank …
Sophie Kiderlin
1 min read
Customers of banks targeted by Russia sanctions are unable to use Apple Pay or Google Pay
Customers also won't be able to use their cards abroad or make online payments to companies in coun…
Grace Dean
4 mins read
Central banks have been big buyers of gold for over 10 years. Here is why they do it.
India, China and Turkey all beefed up their purchases of gold in the 12 months to June, data by the…
Saloni Sardana
2 mins read
The US froze nearly $9.5 billion of Afghanistan's reserves, reports say - leaving the Taliban facing a cash crunch and currency woes
Afghanistan's acting central-bank chief said the population could soon be facing strong inflation t…
Harry Robertson
2 mins read
There are now more central banks cutting interest rates than those hiking them: Deutsche Bank analysis
However, it doesn't mean rates will come down sharply unless the US enters a recession, says Deutsc…