Reserves
Argentina reaches provisional agreement with IMF
Fund may continue loan despite non-compliance and ease reserve targets
PNG government orders central bank to release FX
Papua New Guinea police use pandemic law after dispute causes fuel shortages
PNG central bank dispute leads to fuel rationing
Papua New Guinea central bank has accused fuel importer of failing to repatriate earnings
Guillermo Avellán on BCE independence, capacity-building and dollarisation
Central Bank of Ecuador general manager speaks about the need to bolster the central bank’s legal autonomy, dollarisation challenges, payments developments and monetising local gold production
IMF grants Burundi $271 million loan
Burundi must liberalise currency regime, end central bank financing and tighten policy
Ecuador refines more than a half-tonne of gold from small miners
Latest stage of gold purchase programme adds $36.1 million to reserves
IMF approves $3 billion short-term loan for Pakistan
Saudi Arabia and UAE provide $3 billion more as country tries to overcome crisis
Papua New Guinea’s Genia rejects calls for devaluation
IMF says kina is heavily overvalued
IMF extends food shock window despite low demand
Fund postpones end to looser caps on emergency credit
Equities look set to stay in FX reserves portfolios
Despite 2022 losses and higher bond yields, central banks maintain commitments to the risky asset class
Argentina increases use of Chinese currency
Authorities repay IMF in renminbi, and allow it for local current and savings accounts
Georgieva says $100 billion in SDRs donated
IMF chief says 2021 goal reached, but critics note Congress has not approved US pledge
Ecuador approves contingent credit line
Flar offers up to $230 million to Central Bank of Ecuador
Euro remained second reserve currency in 2022 – ECB report
Structural factors continue to hold back the euro as a reserve currency
Bangladesh to adopt single exchange rate
Central bank raises interest rates as it struggles to stem inflation and build reserves
Nigeria liberalises exchange rate
Naira falls sharply as country leaves Emefiele era behind
Strategic investment yields bigger impact than tactical, say managers
Central Banking Summer Meetings: Active investment is essential to understand market dynamics
Chile’s central bank aims to boost reserves by 28%
Programme aims to buy $10 billion in FX over 12 months after interventions to support peso
Zimbabwe devalues currency as crisis deepens
Analyst says Reserve Bank and finance ministry are struggling for control of FX reserves
Malawi central bank official says reserves nearly empty
Southern African country faces food crisis despite IMF aid
Economists warn Philippines state fund could increase corruption
Central bank will contribute annual dividends to fund for two years, delaying capital increase