Reserves
SNB reduces risk exposure in fixed-income investments in Q4
Foreign currency investments decline by over 10 billion francs in December
BIS calls for wider adoption of FX Global Code
Some industry participants question the benefits of voluntary principles
Colombia culls external reserve manager to boost competition
In the period 2016-18, central bank reduced the number of institutions to six from seven
Iceland boosts reserves despite volatility in 2019
Central bank carried out forex interventions to offset the “abrupt weakening” of the króna
Chile unexpectedly halts forex interventions
In December, interventions helped peso appreciate, but it has resumed downward trend
SNB expects $50 billion profit in 2019
Rising gold prices and foreign currency assets boosted profits, Swiss National Bank says
Bank of Israel reserves rose 9.3% in 2019
Higher equity prices rewarded central bank’s decision to increase its exposure to stocks
Bank of Thailand grapples with baht appreciation
Central bank has relaxed forex regulations and cut rates as baht hits six-year high
Crises are non-linear, beware high debt levels – research
IMF paper warns against complacency on high debt levels
Yngve Slyngstad: contrarian person, brilliant investor
Knut Kjær reflects on the character of the man that has led Norway’s $1.1 trillion SWF
Argentina woes deplete Uruguay’s reserves – IMF
Reserves drop from $15.6 billion to $14.3 billion in 12 months
Bank of Guyana to manage new sovereign wealth fund
New fund will invest profits from new oil revenue
Bank of Israel digs in for long fight against strong shekel
Central bank has “plenty of patience”, says monetary policy-maker
Forex market growing, but more risky – BIS review
Reduced reliance on PvP and heightened fragmentation threaten market resilience
Many firms not following global forex standards – RBA deputy governor
Guy Debelle says global forex committee shifting focus to algo trading
Chile’s forex intervention likely to stabilise peso – experts
Much depends on reform programme chosen by government, however
Chile to sell $400m a day in first week of forex interventions
Central bank selling $200m in spot market and $200m in 30-day forwards
Chile launches biggest forex intervention in 20 years
Chilean peso has fallen by 14% against the dollar since mid-October amid massive street protests
IMF approves new credit line for Mexico as fiscal outlook darkens
Central bank’s success in reducing inflation may be compromised by fiscal weakness
US banks show signs of year-end funding concerns
Banks demanded nearly twice the amount of cash on offer in NY Fed’s new term repo
Brazil sells dollars as real falls to record low
Currency has fallen by 11.3% against dollar since July, as central bank cut rates to new low of 5%