The Bank of Russia has released a series of commemorative coins to honor Alexander Pushkin, a significant figure in Russian literature. These coins celebrate the 225th anniversary of Pushkin's birth and are part of the Historical Events series.

Creditors have been encouraged to adjust loans for businesses impacted by recent flooding, according to a directive from the Bank of Russia. The guidance was issued to banks, microfinance organizations, consumer credit cooperatives, agricultural consumer credit cooperatives, and credit history bureaus.

The recent publication outlines the key points of the discussion regarding the economic situation, inflation, monetary and external conditions, and alternatives to the key rate decision.

Nominal and real interest rates have continued their upward trend in the March-April period. Inflation expectations, however, have shown varied changes during this time.

The Reserve Bank of Australia has released the schedule for its board meetings and the Statement on Monetary Policy for 2025. The outcomes of these meetings will be announced at 2:30 pm on the second day of each board meeting, followed by a media conference hosted by the Governor at 3:30 pm.

The study explores the consequences of implementing the net stable funding ratio (NSFR) on lending practices by South African domestic banks. It breaks down total lending into categories based on customer type, such as corporate versus household, and various loan types, including instalments, mortgages, credit cards, overdrafts, and other loans. The aim is to consider different risk profiles and maturities spanning short-, medium-, and long-term lending.

Good morning. Senior Deputy Governor Carolyn Rogers and I are here to discuss the Bank of Canada’s Financial Stability Report (FSR). The Bank's mandate includes preserving and promoting the stability of the Canadian financial system. A stable and resilient financial system allows people to access credit and manage their assets safely and predictably, reducing the need for authorities to intervene during periods of financial stress. A stable financial system is critical to Canada’s economic well-being.

The Bank of Russia has reported a 2.7% increase in incoming payments through its payment system for April, compared to the average of the first quarter of 2024. This growth was observed across various industry groups, with the exception of sectors focused on public consumption.

In 2023, compensations under compulsory motor third party liability insurance (CMTPLI) policies for motorbikes averaged ₽93,600, which is 6% more compared to CMTPLI policies for cars, according to the Bank of Russia’s calculations.

The Reserve Bank Board has announced its decision to maintain the cash rate target at 4.35 per cent and the interest rate paid on Exchange Settlement balances at 4.25 per cent. In a statement released on May 7, 2024, the Board highlighted the current economic conditions and uncertainties moving forward."Inflation remains high and is falling more gradually than expected," the Board stated. The Consumer Price Index (CPI) grew by 3.6 per cent over the year to the March quarter, with underlying inflation higher than headline inflation. Services inflation, in particular,...

The Market Practitioners Group (MPG) has released an update on the transition plan for the Johannesburg Interbank Average Rate (Jibar). This document details the strategy to increase the adoption of the South African Rand Overnight Index Average (ZARONIA) in financial markets, moving away from Jibar.

On the first anniversary of the coronation of His Majesty King Charles III, the Bank of Canada issued a progress update on designing a new $20 bank note.

The Johannesburg Interbank Average Rate (Jibar) is undergoing a transition, as announced on May 6, 2024. The South African Reserve Bank has provided updates regarding the shift from Jibar to alternative reference rates.

The Bank of Russia has released the April 2024 results of its monitoring of maximum interest rates on deposits in Russian rubles for the top ten credit institutions that attract the largest amount of household deposits. The reported rates are as follows:

"The Bank of Canada’s Annual Report for 2023 was tabled in the House of Commons yesterday. The report evaluates how the physical effects of climate change and potential disruptions from the transition to a low-carbon economy could impact the Bank’s ability to deliver on its core functions. It outlines what the Bank is doing to manage these risks, including risks to its balance sheet and pension fund, and to reduce the carbon footprint of its operations. For more information, please contact Media Relations."The Bank of Canada released its 2023 Annual Report and Report on...

South Africa's financial sector has marked a significant development with the Corporation for Deposit Insurance (CODI) commencing operations on April 1, 2024. The establishment of CODI ensures that qualifying depositors in the country are now protected up to R100,000 for their deposits in accounts associated with qualifying products if their bank fails. The implementation includes clear guidelines on which depositors and accounts are eligible for protection and outlines how depositors can access their covered deposits should a bank failure occur.

Bank of Canada Governor made an opening statement before the House of Commons Standing Committee on Finance on May 2, 2024, alongside Senior Deputy Governor Carolyn Rogers. He began by highlighting the recent policy announcement and the Bank of Canada's Monetary Policy Report.Governor indicated, "Monetary policy is working. Total consumer price index (CPI) and core inflation have eased further in recent months, and we expect inflation to continue to move closer to the 2% target this year." He also mentioned that the economy looks to be picking up, with GDP growth expected...

The Federal Reserve Bank of New York has announced the publication of the indicative term rates for the Secured Overnight Financing Rate (SOFR). The announcement marks a significant development in the transition from LIBOR, which is set to be phased out by mid-2023. According to the release, these indicative term rates are based on a methodology that uses SOFR futures data.

On May 2, 2024, the Bank of Russia released a series of 10-ruble commemorative coins under the Cities of Labour Valour series. The cities featured on these coins are Perm, Samara, Saratov, and Tomsk.

The Securities and Exchange Commission (SEC) has approved the equity symmetric adjustment for 2024. This decision was announced on May 2, 2024, following a thorough review process.