Bosnia’s reserves rebound after asset reshuffle
Central bank’s vice-governor cautions against premature rate cuts in face of geopolitical risks
The Central Bank of Bosnia and Herzegovina (CBBH) has reshaped its reserves management in the face of poor returns, helping to trigger a rebound in reserves, a vice-governor said on March 5.
At Central Banking’s Spring Meetings in Cape Town, Marko Vidaković expressed cautious optimism that the worst pressure on the CBBH may have passed, as inflation declined around the world. “It appears that [major central banks] are on the verge of relaxing monetary policy, confident that inflation is largely
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