<p>Barry Eichengreen discusses the origins of the BIS’s views on exchange rates, capital flows and the financial cycle, based on his chapter in a recently published <a href= "https://www.cambridge.org/core/books/promoting-global-monetary-and-financial-stability/F14EAAC17A0D7130A9983BBF12C2C305#fndtn-information">book</a> issued to mark the Bank's 90th anniversary.</p>

CBDCs - an opportunity for the monetary system

Experts from the Bank for International Settlements (BIS) explain their work and discuss current issues for the global economy. As a hub for central banks and other financial regulatory and supervisory authorities, the BIS seeks to build a greater collective understanding of the world economy, foster international cooperation and support policy making.