Downward movement of interest rates on the cards.
Byline: Vikas Agarwal We have seen a low interest rate regime in the early part of this decade. However, the interest rates started firming up from the second half of 2005, and we saw them going up by almost 2-3 percent last year. These higher interest rates...

Asian star Philippine peso loses pole position as exports slump.
Byline: MELISSA CHIA SINGAPORE, Jan. 25 (Reuters) -- The Philippine peso, Asia's best performer in 2007, may struggle to retain the top spot this year as it faces slowing exports and a drop in its hitherto attractive yields. That said, the peso is still primed...

The next Amerian century.
9780761839071 The next Amerian century. Van Lear, William. Univ. Press of America 2008 195 pages $29.95 Paperback HN90 Van Lear (economics, Belmont Abbey College) presents a history and analysis of economic...

Macroeconomic effects of central bank transparency: the case of Brazil.
Nowadays there is a tendency for central banks to increase transparency in the conduct of monetary policy. Central bank transparency could be defined as the existence of symmetric information between monetary policymakers and other economic agents. High degrees of transparency reduce uncertainty, improve the private-sector inference about central bank...

IMF Chief sees no deep market crisis.
MILAN, Dec. 19 (Reuters) -- Financial markets are not experiencing a "deep crisis" but only turbulence, and central banks are managing the crisis well, International Monetary Fund Managing Director Dominique Strauss-Kahn said in an interview with Italian daily Il Sole 24 Ore. "There is no deep crisis...

Asia copes with volatile capital flows.
BANGKOK, July 29 (Reuters) -- Asia's emerging economies are struggling to find ways of coping with adverse market volatility arising from fast flows of global capital, Bank of Thailand Governor Tarisa Watanagase said on Saturday. Senior officials from South East Asian central banks meeting in Bangkok, hoped...

Asian stock markets recover somewhat.
Byline: IAN CHUA HONG KONG, Aug. 13 (Reuters) -- Asian stock markets made a tentative recovery and the yen steadied on Monday after central banks around the world pumped money into banking systems to soothe fears of a global credit crisis. European stocks rose in...

CBs act to avert global credit crisis.
WASHINGTON/FRANKFURT, Aug. 12 (Reuters) -- Central banks around the globe pumped billions of dollars into banking systems on Friday in a concerted effort to beat back a widening credit crisis, and they pledged to do more if needed. In all, central banks in Europe, Asia and North...

RBI's move in line with trend in rest of world.
MUMBAI: The Reserve Bank of India's move to tighten liquidity is in keeping with the stance taken by central bankers worldwide. Globally, the process of withdrawal of accommodation in monetary policy is being vigorously pursued. Since mid-February, 2007, among the leading central banks, the European Central Bank...

The ripple effect fades away.
Byline: Pallavi Mulay The fall in gold prices in May '07 can be attributed to heavy gold selling by central banks in Europe over seven consecutive weeks. Historically, heavy gold sales by central banks have led to a correction in prices. Gold prices fell almost...