Reserves
Central Bank of Paraguay re-enters markets with World Bank support
World Bank to provide assistance on efficient portfolio management following re-entry into international markets
BEAC to implement measures to rebuild reserves across region
African central bank to restrict bank refinancing; modernising liquidity and monetary policy framework
SBP clashes with government on exchange rate drop
Pakistan’s finance minister expresses “deep concern” over sudden drop in currency
MAS’s Menon plays down record profit figure
Record-breaking profit due to strong positive currency translation effects and higher investment gains
Malaysian government escalates investigation on historic forex losses
Commission will investigate heavy forex losses by the Malaysian central bank in the early 1990s
ECB buys €500 million worth of renminbi for forex reserves
Belgian central bank also announces purchase of Chinese currency, plus South Korean won
Qatari peg under pressure despite reassurances
Riyal drops below official level of the peg amid concerns over Qatar’s diplomatic isolation
Thai central bank sets out timeline for forex reforms
Some regulations “obsolete”, Thai governor says
Central banks build expertise in move to riskier reserve tranches
Growing popularity of reserves tranching is stretching central banks’ capabilities, new report finds
Venezuela’s central bank devalues bolivar as crisis continues
Bolivar devalued 64% in latest currency auction in an attempt to stem effects of financial crisis
Surprise RMB strengthening prompts unwinds
"A lot of long [US$] positions were unsustainable and had to be re-evaluated," says forex structuring head
ECB and Riksbank present united front on reserves threat
Proposals could leave Sweden vulnerable to a crisis, institutions warn
Central banks stress commitment as FX Global Code launches
Central banks state they will comply, and expect counterparties to do the same
Debelle: central banks can benefit from lack of covered interest parity
Increase in the “basis” or deviation from CIP is not always a sign of trouble, RBA deputy says
Denmark hails success of new primary dealer model
National Bank says approach has boosted bond market liquidity across range of metrics