Sentences with phrase «central bank operations»

Under today's the unstable foreign - exchange conditions, balance - of - payments effects are best handled by short - term central bank operations rather than by long - term investment programs.

Not exact matches

In Japan, the Central Bank said Thursday morning it was keeping its rates unchanged and the People's Bank of China raised its short - term interest rate by 10 basis points on both medium - term lending facility loans and its open market operation reverse repurchase agreements.

«As a result of these cyber attacks these banks are having difficulties with client services and carrying out banking operations,» the central bank said in a statement.

The Ukrainian central bank said a number of banks and companies, including the state power distributor, were hit by a cyber attack that disrupted some operations.

Social responsibility is central to the operations of these companies — they know it's smart business to consider global issues and the broader community, whether it is through offering discounted loans for electric cars (Vancity) or helping to set up organic cotton seed banks in India (Zara).

To reskill the young minds according to the industry needs, the central Government also devised a plan of USD 250 - million Skill India Mission Operation (SIMO), which received the backing of the World Bank in 2017.

The central bank uses that rate as a way to keep the rates for overnight interbank borrowing from going beyond its target range, relying on reverse repo operations to set the floor.

As India's central bank considers what to do about digital currencies, Bitcoin businesses in India are suspending operations.

When the financial system comes under stress, a central bank may need to calm financial markets through open market operations or act as the lender of last resort to financial institutions to forestall bank runs.

It said that the flood of cheap euro loans offered by the European Central Bank — the long - term refinancing operations — had eased the crisis this year.

We see potential for quasi-fiscal operations, such as broader credit easing by central banks or sovereign guarantees on infrastructure projects, as part of the solution.

Suppose the quantity of money is increased by tax reduction or government transfer payments, government expenditures remaining unchanged and the resulting deficit being financed by borrowing from the central bank or simply printing money [he adds a footnote, which Friedman lifted without direct attribution: «Open market operations are different, because they result merely in a substitution of one type of asset for another.»]»

The central bank added the most funds to the financial system in open - market operations since February on Tuesday as currency - market intervention to prop up the yuan strained the supply of cash.

The Central Bank authorities knew DB was going to collapse when Anshu Jain was fired in June 2015, literally about 2 weeks after DB's board had given Jain even more control over bank operatiBank authorities knew DB was going to collapse when Anshu Jain was fired in June 2015, literally about 2 weeks after DB's board had given Jain even more control over bank operatibank operations.

Then the Fed will extend its highly secretive «swap» operations to foreign «ally» Central Banks (hint: Belgium and Switzerland) in order to fund the onslaught of Treasury issuance that will ensue.

Because of its peer - to - peer nature, cryptographic features, and not having a «central bank» controlling its operations, it has raised regulatory questions for many countries.

How does a central bank sterilization operation increase consumer debt?

«The Central Bank Brazil is following the evolution of the use of such instruments and discussions in international forums on the subject — in particular about their nature, ownership and operation,» the bank sBank Brazil is following the evolution of the use of such instruments and discussions in international forums on the subject — in particular about their nature, ownership and operation,» the bank sbank said.

Retained issues are not placed in capital markets, but kept on the issuer's balance sheet for collateral purposes in central bank liquidity operations.

The chart below shows quantitative easings by the Federal Reserve, the Bank of England, and the European Central Bank (where QE is referred to as a long - term repurchase operation or LTRO).

The central bank currently grants Greek and Cypriot government bonds a waiver in its operations as long as the countries stay in a program that ensures their reform efforts stay on track.

Central banks can print money, adjust interest rates and conduct open market operations, which involve the buying and selling of government securities.

This principle of central bank independence in the operation of monetary policy, in pursuit of accepted goals, is the international norm.

Between 1950 and 1978, the PBOC was the only bank in the nation and oversaw both central banking and commercial banking operations.

The difference between that and current open market operations by the Fed is that such transactions would be fully at the initiative of the market rather than of the central bank.

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 Dodd - Frank Act has reintroduced central tenets of the Glass - Steagall Act as well, which had been gradually eroded over the years after originally forbidding commercial banks from running trading operations.

This program, known as Operation Twist, basically involves the central bank's selling of shorter - term bonds and buying longer - dated issues.

As executive vice president of the Fed's markets group, Mr. Dudley oversaw the central bank's domestic open market and foreign exchange trading operations, through which the Fed interacts with the financial world.

Most other central banks undertook similar operations in their own markets.

Normally, this would be of interest only to the true afficionados of central banking, but in the past few months, these operations have been an important element in responding to the turbulence in global financial markets.

Another part of the answer is that securitisation has been at the centre of the turbulence in credit markets, the effects of which have been very evident in the dislocation in short - term money markets where central banks conduct their domestic market operations.

Perhaps most importantly, the European Central Bank's (ECB) corporate bond - buying program and second long - term refinancing operation have only recently begun, and they could unlock the lending channels to meet growing credit demand.

Conversely, standard — or traditional — monetary policies used by central banks include open market operations to buy and sell government securities, setting the overnight target interest rate, setting bank reserve requirements and signaling intentions to the public.

Risks to our baseline: banks do not need more central bank liquidity at the moment and even if they did, the ECB's refinancing operations continue to be conducted through fixed rate, full allotment procedures until at least end - 2017.

The Fed's tendency to favor Treasury and agency securities when conducting monetary policy operations, though innocuous enough when banks hold only minimal excess reserves so that the Fed leaves only a relatively modest «footprint» on overall credit allocation, becomes a serious matter when banks pile - on excess reserves, turning the Fed into the central - bank equivalent of the abominable snowman.

This misses the central point: it is the culture of the casino that has done the damage, and it will continue to infect the whole of the banking industry for as long as the two sets of operations operate together.»

The European Central Bank's 3 - year longer term financing operation (LTRO) announced in December of 2011 has, according to a growing number of analysts, brought the Eurozone crisis to an end (see left for a depiction of this sophisticated monetary policy).

Added to that should be the $ 1 trillion directly lent by the European Central Bank to financial institutions across Europe in its latest Long Term Refinancing Operation (LTRO).

These purchases can be financed either by the creation of central bank reserves or by Treasury bills and the Debt Management Office's cash management operations.

Chombo, who faces charges including trying to defraud the central bank, was detained after the military seized power in «Operation Restore Legacy», which it said was meant to remove «criminals» around former president Robert Mugabe.

The International Banking segment encompasses retail and commercial banking operations in Latin America, the Caribbean and Central America, and Asia rBanking segment encompasses retail and commercial banking operations in Latin America, the Caribbean and Central America, and Asia rbanking operations in Latin America, the Caribbean and Central America, and Asia regions.

In its discount window operations during crisis times, that is, when acting as lender of last resort to some institution or IPC, the central bank will also often have to act as market maker of last resort because it will have to value financial instruments for which no meaningful market price is available.

The counterparties of the central bank in these lender of last resort operations were commercial banks (shorthand for deposit - taking institutions whose main liabilities were deposits withdrawable on demand and subject to a sequential service (first - come, first served) constraint.

A few blocks off Wall Street, the New York Fed has long handled the central bank's market operations.

Concerns regarding the stability of key financial institutions drove central banks to provide funds to encourage lending and restore faith in the commercial paper markets, which are integral to funding business operations.

In 2011, the Fed helped coordinate worldwide central bank stimulus as well as introduced «Operation Twist» — selling short - dated U.S. Treasuries to buy longer - dated U.S. Treasuries for the purpose of depressing borrowing costs.

Long - term refinancing operations (LTRO) The Long - term refinancing operations (LTRO) of the European Central Bank (ECB) are designed to provide stability to Europe's banking sector.

Before we talk about quantitative easing, it's best to understand «open market operations» that a central bank can perform.

When a central bank changes the overnight rate but banks don't adjust the rate they lend to one another, the central bank engages in open market operations to ensure that they do.