Fewer central banks added new reserve assets in 2023

Overall, 10.3% of institutions diversified their asset allocation, down from 18.6% last year

Fewer central banks added new assets to their portfolios last year, according to data from the Reserve Benchmarks 2023.

Overall, 58 central banks addressed the question, and six (10.3%) said they have diversified their asset allocation. In last year’s benchmark, the share was 18.6%.

Among the six institutions that expanded the universe of assets they invest in, five disclosed these new investments. In this group, two central banks added green bonds as a reserve asset, two more added US dollar

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