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Sudan’s central bank steeply devalued the country’s currency, as part of a broader effort to win debt relief and revive the struggling economy.
Sudan Central Bank Devalues the Currency to Revive Economy (msn.com)
The Central Bank of Morocco is now studying the concept of central bank digital currencies (
CBDCs) and has set up a committee to extensively explore its pros and cons, according to reports on February 20, 2021. Morocco’s Central Bank Looks to Launch Own Digital Currency | BTCMANAGER
Assistant Governor Christopher Kent’s speech on FX markets around the turn of the year.
FX Markets Around the Turn of the Year | Speeches | RBA
Reserve Bank of Australia’s cash rate target is 0.1%; 3-year Australian Government Bond Yield target, 0.1%; inflation rate, 0.9%.
Reserve Bank of Australia (rba.gov.au)
People’s Bank of China announced open market operation of RMB10 billion, seven days maturity, at 2.20%.
Open Market Operations No.33  (pbc.gov.cn)
Currency pairs Exchange Rate as of 4:15 pm 16 February 2021(1) As of 6:53 pm EST Exchange Rate as of 21 February 2021(2)(3) AUD/USD 0.7762 0.7877 USD/CAD 1.2694 1.2609 USD/CNY 6.4567 6.4555 EUR/USD 1.2126 1.2116 USD/INR 72.6000 72.5600 GBP/USD 1.3855 1.4012 USD/JPY 104.9400 105.3700 USD/MXN 19.9300 20.4320 USD/DKK 6.1325 6.1339 USD/NOK 8.4558 8.4627 BTC/USD 52843.4000 ETH/USD 1,859.5100 Sources: Federal Reserve(1); Reuters-FX rates(2); OANDA-Crypto rates(3)
In the news …
According to preliminary statistics, outstanding aggregate financing to the real economy (AFRE) reached RMB289.74 trillion at end-January, increasing 13 percent year on year.
Report on Aggregate Financing to the Real Economy (Stock) (January 2021) (pbc.gov.cn)
According to preliminary statistics, the aggregate financing to the real economy (AFRE) (flow) was RMB5.17 trillion in January 2021, up RMB120.7 billion year on year (y-o-y).
Report on Aggregate Financing to the Real Economy (Flow) (January 2021) (pbc.gov.cn)
Consolidated financial statement of the Euro System.
Consolidated financial statement of the Eurosystem (europa.eu)
The European Central Bank (ECB) announces today that it will begin publishing aggregate results of its Survey of Monetary Analysts (SMA) in June 2021. The survey, an ECB staff-level exercise, collects information on market participants’ expectations about the future evolution of key monetary policy parameters, financial market variables and the economy. The survey runs eight times a year and is aligned with the six-week schedule of the monetary policy meetings of the Governing Council.
ECB to publish results of the Survey of Monetary Analysts (europa.eu)
The Bank and FCA held a consultation with FMIs and reviewed their co-operation regarding market infrastructure – seeking in particular feedback on how the authorities had co-operated during the Covid market events of Spring 2020. The authorities concluded that the MoU’s arrangements for co-operation remain effective, with appropriate co-ordination and no material duplication. Industry respondents acknowledged the efforts made on co-operation and the Bank and FCA remain committed to effective co-operation.
Update on Bank of England and Financial Conduct Authority Memorandum of Understanding on the supervision of market infrastructure and payment systems | Bank of England
Reserve Bank of Australia releases official reserve assets picture.
Official Reserve Assets – January 2021 | RBA
10 February 2021, 4:08 am EST