In 2020, reserve managers have faced a crisis unlike any in recent history. The spreading coronavirus has tested the resilience – and the reserves – they had built following the global financial crisis, the Asian financial crisis and the Latin American debt crisis. This makes the release of the debut Reserve Benchmarks report, which covers data contributed to Central Banking from 38 central banks particularly timely. It will provide reserve managers with a new opportunity to compare their central bank’s staffing, operations, governance and performance with peers around the world.Read the full report
Screens seen as first step in adopting ESG practices, so why do so few central banks use them?
Perspectives on staffing, coverage, portfolio construction, benchmarking, external parties and risk
Average gold holdings on the continent stand at 10.6 million ounces