Trends in reserve management: 2020 survey results
Scarce market liquidity and the declining value of central bank foreign exchange reserve portfolios caused by the Covid-19 crisis are two of the main challenges facing reserve managers as they review their future portfolio strategies, according to the results of Central Banking’s Trends in reserve management 2020 survey.
Risk appetite among central banks is expected to decline during the next 12 months, as reserve managers modify their strategic asset allocations. Yet, at the same time, looser
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