The September 2020 edition of the Monthly Report analyses the impact of monetary policy on the euro exchange rate and investigates global financial interconnectedness as well as spillover effects between the G20 countries. In addition, it discusses the performance of German credit institutions in 2019.

The June 2019 edition of the Bundesbank’s Monthly Report outlines the prospects for the German economy on the basis of projections for 2019 and 2020 and looks ahead at the year 2021. It also covers the overhaul of European banking regulation and features an analysis of the costs associated with different means of payment in the retail sector. Lastly, the changing face of payments services is explored, with reference to instant payments, PSD2 and new competitors.