Sentences with phrase «account on the central bank»

Chinese finance minister Lou Jiwei told the meeting he expects the country's economy to grow at about 7 % pace for the next four or five years, according to an account on the central bank's website.

Not exact matches

«A central bank that relies on a model that does not take rising integration (of the global economy) into account when it should do so will tend to react too gradually and perhaps insufficiently to external shocks,» Poloz said.
FRANKFURT - The European Central Bank publishes the accounts of the policy meeting of the Governing Council held on March 7 - 8 - 1130 GMT.
My remarks will focus on the following question: Should a central bank's decisions on monetary policy account for the stability of the financial system and, if so, how?
an independent central bank focusing on the medium - term inflation target, taking account of the state of the real economy and the shocks affecting it;
While the US and the UK are generally emerging from these problems — both on account of their more thorough - going balance sheet repair and because of their more successful conduct of QE operations by their central banks — they nevertheless must attempt to recover and grow in an environment that is adversely affected by the policy missteps in the Euro - area and Japan.
The BoE provides gold custody services primarily to central bank customers to help them get access to London gold market liquidity, although it also holds some gold custody accounts on behalf of certain commercial banks that support central bank access to the liquidity of the London gold market.
While the Commonwealth Bank did take on some central banking functions in the 1920s, including note issue and the provision of settlement accounts, the watershed was the 1936 Royal Commission.
• Internal bookkeeping of pension accounts as well as integration with central banking bookkeeping based on SAP.
The central bank has the monopoly on issuing currency, so if a customer withdraws cash from a demand deposit, the bank in turn has to obtain the bank notes by drawing down its reserves account with the central bank (leaving aside that banks keep a certain amount of vault cash on hand).
A small but growing number of countries now have legal requirements for institutional investors to report on how their investment policies and performance are affected by environmental factors, including South Africa and, prospectively, the EU.36 Concern about the risks of a «carbon bubble» — that highly valued fossil fuel assets and investments could be devalued or «stranded» under future, more stringent climate policies — prompted G20 Finance Ministers and Central Bank Governors in April 2015 to ask the Financial Stability Board in Basel to convene an inquiry into how the financial sector can take account of climate - related issues.37
Resentment is growing not only towards those who ran up the debts — Iceland's bankrupt Kaupthing and Landsbanki, with its Icesave accounts, and heavily geared property owners in the Baltics and central Europe — but also towards the foreign advisers and creditors who put pressure on these governments to sell off the banks and public companies to insiders.
«She also refuted the flawed media reports of controversy surrounding the Abacha recovery, disclosing that the sum of US$ 322,515,931.83 was received into a Special Account in the Central Bank of Nigeria on December 18, 2017 from the Swiss Government.
It is alleged that ruble is only a shadow of dollar because the central bank is allowed (by the USA) to issue only as much rubles as they have dollar reserves on the US accounts, so that ruble is the «colonial dollar» and nothing more.
«That you, Olisa Metuh and Destra Investment Limited on or about the 24th November, 2014 in Abuja converted the sum of N400m paid into the account of Destra Investment Limited with Diamond Bank Plc, Account No: 0040437573 from the account of the office of the National Security Adviser with the Central Bank of Nigeria without contract award when you reasonably ought to have known that the said fund formed part of the proceeds of an unlawful activity of Col. Mohammed Sambo Dasuki (Rtd) the then National Security Adviser (To Wit: criminal breach of trust and corruption) and thereby committed an offence contrary to Section 15 (2), (d) of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 15 (3) of the saaccount of Destra Investment Limited with Diamond Bank Plc, Account No: 0040437573 from the account of the office of the National Security Adviser with the Central Bank of Nigeria without contract award when you reasonably ought to have known that the said fund formed part of the proceeds of an unlawful activity of Col. Mohammed Sambo Dasuki (Rtd) the then National Security Adviser (To Wit: criminal breach of trust and corruption) and thereby committed an offence contrary to Section 15 (2), (d) of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 15 (3) of the saAccount No: 0040437573 from the account of the office of the National Security Adviser with the Central Bank of Nigeria without contract award when you reasonably ought to have known that the said fund formed part of the proceeds of an unlawful activity of Col. Mohammed Sambo Dasuki (Rtd) the then National Security Adviser (To Wit: criminal breach of trust and corruption) and thereby committed an offence contrary to Section 15 (2), (d) of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 15 (3) of the saaccount of the office of the National Security Adviser with the Central Bank of Nigeria without contract award when you reasonably ought to have known that the said fund formed part of the proceeds of an unlawful activity of Col. Mohammed Sambo Dasuki (Rtd) the then National Security Adviser (To Wit: criminal breach of trust and corruption) and thereby committed an offence contrary to Section 15 (2), (d) of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 15 (3) of the same Act.
On the account of the various financial impropriety crusade led by so called fringe financial institutions like the DKM Micro Finance, God is Love and several others through their activities and other engagement with the central bank of Ghana, a significant number of Ghanaians have huge sums of monies hijacked with no or little convincing information available to these helpless victims to curtail their anxieties, frustrations and disappointments.
Ruling on the matter today, Justice Abang, held that, he was satisfied that there was a prima - facie nexus linking the defendant and his company, Destra Investment Limited, to the N400million that was transferred from an account the Office of the National Security Adviser, ONSA, operated with the Central Bank of Nigeria, CBN, on the order of the erstwhile NSA, Col. Sambo Dasuki, (retd).
Although TD Bank has a massive following on Twitter, TD Direct Investing does not have it's own central account from which it tweets.
Or they can do it indirectly, by allowing central banks to expand their credit by writing cheques on bank accounts whose only asset is the government's borrowing capacity.
The European Central Bank announced a − 0.10 % deposit rate on June 12, 2014 (and as of March, 10, 2016 the rate stands at − 0.40 %), and the Bank of Japan announced a − 0.10 % current account rate on January 29, 2016, that became effective on February 16, 2016.
Furthermore, the trader must be able to analyze macroeconomics accounting principles, such as a central bank's level of reserves, current / capital account surpluses and deficits, as well as study the causes and outcomes of speculative attacks on currency, for example, the Bank of England, Mexican and Thai currency debacles make for interesting case studbank's level of reserves, current / capital account surpluses and deficits, as well as study the causes and outcomes of speculative attacks on currency, for example, the Bank of England, Mexican and Thai currency debacles make for interesting case studBank of England, Mexican and Thai currency debacles make for interesting case studies.
Gains in the Carry strategy were driven by a long position in the New Zealand dollar which appreciated as commodity export prices recovered, and a short position in the Swedish krona which depreciated on account of a dovish policy stance by the central bank, despite a stream of positive economic data.
However, the central bank is still hesitant on allowing cryptocurrency trading as explained by the chairman of State Duma Committee for Financial Markets, Anatoly Aksakov, «The central bank is against the legalization of this type of digital currency, since in this case, citizens can start actively investing in crypto - tools, not taking into account possible risks.»
On April 5, the Indian central bank announced that it would no longer deal with cryptocurrency related accounts.
Currently, the issuance of fiat currency in China follows the «central bank - commercial bank» system, and most of the social and economic activities are based on the commercial bank account system.
Russian authorities have been elaborating legislation on cryptocurrency, with Russian Central Bank's (CBR) Deputy Governor Olga Skorobogatova announcing that authorities would present draft legislation on taxation, control and accounting related to virtual currencies as a digital good.
Morini goes on to conclude that new business models based on distributed accounting and blockchain - based smart contracts will require additional regulatory clarity to scale, and that digital currencies or assets will need to be convertible with central bank accounts or at financial institutions.
So far, 17,000 people have signed a public petition to protest the central bank of India's ban on crypto - related accounts A Change.org petition for «Mak [ing] India...
Earlier, the currency management of the Central Bank of Singapore reported about the financing of a blockchain project to establish an accounting system based on the distributed ledger.
The Reserve Bank of India, its central bank, has not put the hammer down on trader accounts, but Indian banks have taken a two - pronged approach that's denting trading activity, including closing bitcoin exchange accounts and limiting cryptocurrency transactions among locBank of India, its central bank, has not put the hammer down on trader accounts, but Indian banks have taken a two - pronged approach that's denting trading activity, including closing bitcoin exchange accounts and limiting cryptocurrency transactions among locbank, has not put the hammer down on trader accounts, but Indian banks have taken a two - pronged approach that's denting trading activity, including closing bitcoin exchange accounts and limiting cryptocurrency transactions among locals.
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