Making Money Work” argues that policymakers should once again make banks the centerpiece of the financial ecosystem.

A government’s central bank is fundamentally a debt owner with a monopoly on government money creation and, more specifically ...

In line with broad consensus, Romania's central bank (BNR) decided to keep interest rates unchanged at 6.5% in the May 16 ...

Indian interbank call market shows signs of revival, crucial for monetary policy, despite competition from other funding ...

Learn about fiat money. Find out its definition, purpose, characteristics, and how it is created, including its potential ...

Mozambique followed this trend, going from being one of the countries with highest inflation in SSA to one below the median for the region. Average inflation in Mozambique during 1980-99 was 38 ...

The growing role of nonbanks in corporate credit intermediation raises important but underexplored questions about how both monetary policy (MP) and macroprudential policies (MaPP) affect lending and ...

The forex trading app has become popular as a tool that enables individuals to engage with foreign exchange markets.

Bangladesh’s offshore banking model, where OBUs draw on domestic capital, expands liquidity but risks fueling inflation and currency instability. As the country advances toward full-fledged Offshore ...

A heterodox school of economic thought known as modern monetary theory has significant implications for how Canadians ...