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Bank for International Settlements
Bank for International Settlements News
SDR basket
30 Sep 2016
Chinese yuan set to be inducted into IMF currency basket
China`s yuan is poised to enter the International Monetary Fund`s elite SDR basket of currencies, raising Beijing`s banknotes to the status of global reserve asset.
Central banks
15 Sep 2016
Central banks seek global standards in wake of Bangladesh heist
The world`s major central banks, stung by this year's USD 81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network of cross-border banking from cyber attacks, according to two sources with knowledge of the matter.
Bank for International Settlements
06 Dec 2015
Key bank warns against `uneasy calm` in global markets
The BIS -- known as the central bank of central banks -- made the call in its quarterly report which is closely watched by investors.
Bank for International Settlements
28 Jun 2015
Persistent low rates indicate global eco malaise, warns BIS
"The easing in India came against the backdrop of a deceleration of inflation from a high single-digit pace, strong economic growth, and an improved fiscal situation.
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