Articles by Gary Smith
‘Back to the future’ for FX reserve management
Rise in bond yields changes the dynamics of ‘security, liquidity and return’, writes Gary Smith
The rise of non-SDR currency reserves
New Cofer data release may show an overall fall in FX reserves, writes Gary Smith
The green agenda dilemma
Central banks face a choice over whether to support national energy independence or climate goals
Central banks must mobilise their FX reserves
The pandemic and climate crises call for bold action, write Gary Smith and John Nugée
An end to the loveless marriage with the US dollar?
Covid-19 represents an unexpected shock that could cause further US dollar decoupling
After social distancing: prepare for national distancing
If the pandemic triggers production onshoring, international capital flows will come under a spotlight