Divergent monetary policies are top concern for reserve managers in 2016

Divergences in monetary policy between major central banks will probably have the most impact on the work of reserve managers around the world in 2016, according to managers' views submitted to a 2016 Central Banking survey. The impact of divergent policies was viewed as more significant than concerns about either the state of China's economy or volatile oil prices. This was one of the main results from the survey of reserve managers at 77 central banks responsible for foreign exchange (forex)