More central banks engage in gold lending and swaps
Securities lending is more common among central banks from high income jurisdictions
The number of central banks active in gold lending and swaps increased slightly last year, the Reserve Benchmarks 2022 reveal.
Overall, 12 (27.27%) of the 44 participating central banks said they are active in these activities. This is slightly higher than the 10 central banks engaged in these transactions among the 44 participants in last year’s study.
Additionally, just under half (47.73%) of institutions said they use derivatives for currency hedging. And over 60% resort to securities
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