Showing 1 - 10 of 124
The Euro system maintains a high level of transparency in all aspects of operations, demonstrating a strong …
Persistent link: https://www.econbiz.de/10014407414
This paper explores inflation determinants within the EU and implications for new members'' euro adoption plans. Factor …
Persistent link: https://www.econbiz.de/10014401399
The three-month Eurepo interest rate, the euro component of the SDR interest rate basket, will be discontinued as of … representative interest rate instrument of the euro area in the SDR interest rate basket since 2006. However, faced with a … secondary market yield curve covering euro area government bonds rated either investment grade or AA and above. In staff's view …
Persistent link: https://www.econbiz.de/10014410559
This paper presents key findings of the Financial Sector Assessment Program for Indonesia. The program covers Bank Indonesia’s real-time gross settlement (BI-RTGS) system’s observance of the Committee on Payment and Settlement Systems (CPSS) core principles for systemically important payment...
Persistent link: https://www.econbiz.de/10014395520
Efficient and stable payments systems are of fundamental importance in maintaining an orderly international monetary system. Major disruptions of national and international payments systems would have highly adverse effects on international trade, capital flows, and real activity. A key...
Persistent link: https://www.econbiz.de/10014396195
The assessment report on the observance of China’s compliance with the Committee for Payment and Settlement System's core principles for systemically important payment systems is examined. Domestic foreign exchange transactions are mostly executed at the China Foreign Exchange Trade Center....
Persistent link: https://www.econbiz.de/10014396625
This paper presents detailed assessment of Israel’s compliance with Basel Committee on Payments and Settlement Systems Core Principles for Systemically Important Payment Systems. A significant improvement in the payments landscape has been noted, with the high value payment system meeting most...
Persistent link: https://www.econbiz.de/10014396645
This assessment of the payment systems in Thailand was undertaken in the context of the International Monetary Fund (IMF) and the World Bank Financial Sector Assessment Program (FSAP) exercise for Thailand in January 2007. It covers the Bank of Thailand Automated High-value Transfer Network...
Persistent link: https://www.econbiz.de/10012247123
This assessment forms part of the joint International Monetary Fund (IMF) and World Bank Indonesia Financial Sector Assessment Program (FSAP) which is being undertaken during 2009-2010. The assessment which covers the Bank Indonesia's real time gross settlement (BI-RTGS) system's observance of...
Persistent link: https://www.econbiz.de/10012247389
Payment systems are a core part of all financial systems. The quality of payment systems determines the stability of the overall economy, the efficiency and reliability of financial intermediation, and the possibility for the private sector to innovate and provide new services to consumers. This...
Persistent link: https://www.econbiz.de/10012247391