Rising risks spur reserve diversification

Central banks are engaging in more active diversification strategies in response to rising risks, a survey of reserve managers published on Monday 26 February showed.

These risks now include prominently geopolitical and security risks along with concerns about global imbalances and an economic slowdown.

In response to these concerns, central banks are diversifying further in terms of instruments, currencies and markets.

Thirty-six per cent have made major changes in their investment guidelines i

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