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Home Banking Brics common currency would be no threat to the dollar, and more

Brics common currency would be no threat to the dollar, and more

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Brics common currency would be no threat to the dollar​​​​​​
By Herbert Poenisch
Foreign ministers from the Brics countries – Brazil, Russia, India, China and South Africa – met in June along with ministers from other countries, including Iran, Egypt, the United Arab Emirates and Saudi Arabia. On the agenda was the creation of a common Brics currency, which was hailed by pundits as a major step towards the demise of the dollar.

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Philadelphia Fed optimistic about US economic resilience

By Julian Jacobs
The US economy is showing surprising signs of resilience. That was the diagnosis made during OMFIF’s meeting with the Federal Reserve Bank of Philadelphia.

​​​​​​Read the full commentary ​  
 

MEETINGS

Global Public Investor 2023
Tuesday 27 June, Launch
The 10th edition of OMFIF’s GPI reveals the investment approaches, priorities and concerns of central bank reserve managers. This launch event presents the findings of the 2023 survey alongside an expert panel discussion.

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ON DEMAND

Global Public Investor 2023: A preview
Taylor Pearce and Julian Jacobs, OMFIF senior economists, present a preview of the 2023 Global Public Investor report, which offers insight into central bank behaviour, decision-making and predictions for the future.
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LATEST REPORT

Central banks and cloud services: The new frontier
As well as exploring the benefits that cloud migration offers, this report examines the ways financial institutions in the private sector have addressed the hurdles that are hampering central bank cloud adoption. 

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