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The Latest Breaking News from Bank for International Settlements

Australia’s 3.8% inflation rate is concerning, but not enough to trigger a rate rise

After falling for five consecutive quarters to less than half of its 7.8% peak, inflation climbed slightly in the June quarter, from 3.6% to 3.8% for the year to June.

The Conversation

US to move $3.5bn in Afghan assets to Swiss-based trust

Housed in the Bank for International Settlements, new Afghan Fund will be managed by a board of trustees, the US says

Al Jazeera

Central Banks, Bank For International Settlements Develop Digital Currencies Platform Prototype

Central banks are trying to come to terms with emerging payment technologies pioneered by tech firms. Meta Platform Inc's (NASDAQ:

Benzinga

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How did Japan become so cheap?

Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen's real effective exchange rate (Reer, representing roughly the purchasing power of the currency)…

Bangkok Post

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