The currencies that are being held by central banks as foreign exchange reserves have remained largely steady over decades. Changes in the
Cross-border claims contracted by $1.1 trillion from Q1 to Q2 2020. The year-on-year growth rate dropped from 10% at end-March to 5% at end-June 2020. Interbank claims, which had surged in the first quarter, fell sharply, driving the overall contraction.
MoreLoan of US$ 25 million to support entrepreneurs amid coronavirus pandemic
Financing to support companies affected by economic impact of crisis
Funds will boost resilience of Turkey’s financial sector
The COVID-19 pandemic continues to devastate countries, overwhelming health systems, disrupting productivity, threatening food security, multiplying job losses, and reducing incomes, particularly for the poorest.
MoreThis paper studies the global footprint of Chinese banks, and compares it with that of other major bank nationalities.
MorePresident Sassoli urged the EU heads of government to update the negotiating mandate they have given to the German Council presidency to make agreement on the EU long-term budget possible.
MoreDespite the vast challenges caused by the coronarvirus pandemic, financial markets are continuing their preparation for a historic moment: from the end of next year risk-free rates (RFRs) will replace the London Interbank Offered Rate (LIBOR) for the calculation of interest rates.
MorePromoting domestic tourism is essential to the Lao People’s Democratic Republic’s COVID-19 recovery.
MoreDespite a global economic crisis comparable only to the Great Depression, near-term financial stability risks have been contained with the help of unprecedented monetary policy easing and massive fiscal support across the globe. But many economies had pre-existing vulnerabilities—which are now intensifying, representing potential headwinds to the recovery.
MoreParliament’s new committee on tax matters will become “the European hub for debate on tax issues”, promises Dutch S&D member Paul Tang, the committee’s newly elected chair.
MoreThe eight workshops this afternoon, led by experts from nearly all of the ACPR's directorates, are testament to the focus we place on teaching and informing. But if we can do even better, even more, tell us today.
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