Reserves
Strong recovery in US treasury purchases is ‘unlikely’ – paper
Central banks’ demand for US government bonds has ‘plateaued’ as reserve managers diversify
South Korea to resume gold buying and may vault domestically
BoK’s reserves head cites geopolitical risks as motivator for institutional gold purchasing
Joint US-Japan FX intervention could advance BoJ tightening
Experts say tighter policy needed to lock in yen gains over the long term
BoJ holds as yen and won both rise on suspected interventions
Japan’s central bank more hawkish than at previous meetings as it keeps rates at 1%
Bank of Russia confirms new crypto regime
Law forms part of de-dollarisation and alternative payments push as Moscow seeks new ways to evade sanctions
Closer PBoC-CBL ties reflect China’s strategic aims, says expert
Central Bank of Libya to enter China’s payment system and bond market
Kenyan president signs new central bank law
Amendment provides framework for institution to offer emergency liquidity assistance
China allows its investors greater access to offshore bonds
PBoC ups quota as HKMA expands yuan funding and city begins trial run for gold clearing
Indonesia’s foreign reserves increase despite interventions
Central bank attributes slight rise to higher tax revenues and says holdings are sufficient
AI adoption not a race, BoK and World Bank tell public investors
Sovereign investors should approach AI as structural rather than tech change, paper says
Pooled reserves could improve global financial safety net – paper
‘Synthetic reserve deposit’ could cut costs and improve performance, authors say
Asean’s expanding and evolving swap lines
The Asian trade bloc – with and without China, Japan and South Korea – wants to strengthen emergency liquidity support
Hong Kong scales up in bid to attract central bank gold
Financial bureau chief targets Asian institutions to bolster gold storage to 2,000 tonnes, use new trading and central clearing services plus links to China, amid sovereign immunity concerns
QE reduces bonds’ safe haven properties – BdF paper
Safety is becoming ‘increasingly fragmented’ across asset classes, researchers say
Vanessa Mussard on the Seychelles’ evolving reserve management
The Central Bank of Seychelles' financial markets chief speaks about minimum FX coverage requirements, reserves accumulation and diversification, the Iran war, climate vulnerabilities and building financial infrastructure
Foreign central banks can soon repo Chinese bonds, PBoC says
Experts say move is likely to increase monetary authorities’ demand for Chinese debt
More than $1.4tn of daily FX trades face Herstatt risk – BIS study
Only around a third of transactions fully eliminate settlement risk by using PvP
DRC’s FX upgrade part of efforts to boost currency – governor
Wameso says central bank is pursuing modernisation agenda to strengthen the financial system
Geopolitics drive continued central bank gold buying – WGC
Institutions expect global holdings to rise, though most say they do not plan to buy more themselves
Zoltán Kurali on Hungary’s reserves strategy and euro adoption
Deputy governor speaks about portfolio positioning amidst geopolitical volatility, AI, CBDC and the future of the forint
Singapore to introduce gold storage for central banks
MAS plans OTC clearing in local time, gold financial products and other bullion-related initiatives