Chile central bank News

Central Bank of Sri Lanka Conducts Nationwide Audit of Financial Institutions Following NDB Fraud.

Following a major financial misappropriation at NDB, the Central Bank of Sri Lanka has confirmed it conducted a comprehensive audit of all banks to ensure no similar systemic irregularities exist elsewhere.

Central Bank Clarifies Role in Government Payments Amid Fraud Concerns.

Central Bank Governor Nandalal Weerasinghe has clarified that the institution acts only as an execution agent for government payments, following controversies regarding a $2.5 million fraudulent debt transaction.

Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures.

Bank of Mexico Signals Potential Conclusion to Interest Rate Easing Phase.

Bangladesh Banking Crisis: DCCI Highlights Paradox of Excess Liquidity and Credit Drought.

The Dhaka Chamber of Commerce & Industry (DCCI) has warned that despite banks holding record excess liquidity, the private sector, particularly SMEs, is struggling to access credit. Experts call for urgent structural reforms and improved data accuracy to resolve this economic bottleneck.

ECB Vice President Advocates for Caution as Geopolitical Risks Mount.

European Central Bank Vice-President Luis de Guindos has urged for a prudent approach to interest rate policy, citing major economic uncertainties arising from regional conflicts and potential energy price shocks.

Uruguay's Economic Outlook: Assessing Growth Trajectories and Market Stability.

Swiss National Bank Signals Readiness for Currency Market Intervention.

Swiss National Bank President Martin Schlegel highlights an increased preparedness to intervene in foreign exchange markets to maintain price stability, citing energy-driven inflationary pressures.

Colombian Court Reviews Historic Decree Impacting Central Bank Independence.

A Colombian court has initiated a review of a decades-old decree that could potentially challenge the Central Bank's autonomy, specifically regarding its authority to adjust interest rates independently.

Chile Targets Accelerated Copper Production to Address Global Supply Constraints.

The Chilean government is planning to expedite copper mining expansion by streamlining permitting processes and implementing regulatory reforms to meet rising global demand and alleviate supply shortages.

US Considers Easing Financial Restrictions on Venezuela's Central Bank to Bolster Recovery.

The United States is evaluating the removal of sanctions on Venezuela’s central bank to allow oil revenue to enter the economy, potentially ending years of financial isolation.

Bangladesh Central Bank Acts to Stabilize Market Amid Currency Pressures.