Central Banking

The Central Bank of Sudan announced on July 4 that it will withdraw small currency denominations from circulation, giving citizens until July 30 to deposit their banknotes. The measure affects S£1 ($0.0017), S£2, S£5, S£10, S£20 and S£50 notes. The Sudan Tribune reported on July 4 that these denominations have effectively lost their purchasing power amid soaring inflation and a sharp depreciation of the currency. The publication reported on June 18 that inflation in Sudan was at 44.5% in May, a

JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser.

Vanuatu’s central bank has held rates and forecast contained inflation in the long term as well as a continued economic recovery. The Reserve Bank of Vanuatu said in a statement today (July 6) that its board decided to keep its benchmark monetary policy rate unchanged at 2.75%. It said that recent stabilisation in the global economy and an economic recovery at home justified the decision. “The board further noted that annual headline inflation remains within the [Reserve Bank of Vanuatu’s] target

JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser.

You sit on the supervisory board of the Single Supervisory Mechanism (SSM). Can you provide some context on the current debate around modernising the regulatory framework in Europe? I’ve been on the supervisory board of the SSM for nine years. There is an ongoing debate at European and international level about modernising the regulatory framework. From the supervisory side, we have already undertaken a number of reforms, including the ‘Next Level Supervision’ programme and the reform of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions You are currently unable to print this content. Please contact info@centralbanking.com to find out more. You are currently unable to copy this content.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions You are currently unable to print this content. Please contact info@centralbanking.com to find out more. You are currently unable to copy this content.

Tokenisation could alter the structure of the financial system and the potential points of failure within it, and policy-makers must co-ordinate their response, a senior official at the International Monetary Fund says. Tokenisation refers to the creation of assets on a shared, programmable ledger, in contrast to the private, centralised ledgers traditionally used by commercial and central banks. In a blog post published on July 2, Tobias Adrian, financial counsellor and director of the IMF’s

The Central Bank of Syria has opened a new branch in the province of Idlib, and has re-opened its branch in the city of Raqqa after a 14-year hiatus. In a press release announcing the opening of the Idlib branch, published July 2, the central bank said the aim was to strengthen the presence of the monetary authority and restore its role in regulating and supervising the banking sector, “in a way that contributes to supporting monetary and financial stability”. Central bank governor Safwat Raslan

Climate and AI risks rank lowest across respondents The majority of authorities see credit risk as a high supervisory priority for the next 12 months, data from the Supervision Benchmarks 2026 reveals. Respondents rated their supervisory factors on a scoring system of one to five, with one marking “very low” priority and five representing “very high” priority. Credit risks rank highest at 4.3 on average.