Reserves
Implementing a holistic and dynamic risk budget
New policy-risk approach led to reassessment of investment exposures and how they are rebalanced
Angolan banks given new forex responsibilities amid shortage
Requests for foreign currency now must be submitted to commercial entities
World Gold Council launches gold accounting framework
Guidance aims to help central banks harmonise treatment of gold in their accounts
Norway’s SWF puts forward anti-corruption recommendations
Fund says investing in firms with strong anti-corruption credentials helps preserve its asset value
Education key to forex liberalisation success, says Bahamas governor
Private sector needs to base forex decisions on returns rather than “fear the erosion of wealth”, says Rolle
Central banks built up gold reserves in 2017
2017 sees eighth consecutive year of net purchases
Venezuela’s new forex auction sees bolivar plummet
Latest auction sees currency devaluate by 99% from heavily subsidised exchange rate
Thailand eases foreign exchange rules to encourage outflows
Central bank seeks to cool down the baht, one of the fastest-appreciating Asian currencies
Markets should not panic over reserve levels – Bajan governor
Haynes says level of reserves has reached new all-time low at 6.6 weeks of imports
Renminbi struggles to gain prominence on global stage – Swift
Chinese currency usage only accounted for 1.61% of domestic and cross-border payments in December 2017
PBoC releases liquidity ahead of new year celebrations
RRR cut is expected to release liquidity to counter the seasonal tightening around Chinese new year
Morocco introduces a more flexible exchange rate
The central bank introduces a daily band of 5% for the dirham to trade against major currencies
Angola drops dollar for euro in new exchange rate regime
Kwanza depreciates 11.5% against the dollar following regime change
SNB expects record profits for 2017
Swiss central bank benefits from high asset prices and a weaker franc
Balancing reserves’ effectiveness and transparency
Iris Yeung speaks to Canada’s Eric Wolfe on trade-offs faced by reserve managers
Angola looks to abandon currency peg
Crippled by low commodity prices, Angola’s kwanza will be allowed to float within a range
Cambodia shortens duration of liquid reserves ahead of election – reserves chief
De-dollarisation and lack of interbank market make forex intervention only real policy tool
Qatar Central Bank launches legal probe into manipulation
Governor accuses blockading countries of manipulating riyal and local markets
GFXC publishes final word on last look
The GFXC releases new and final version of Principle 17
Rupee drops as SBP tackles reserves decline
Pakistani rupee down nearly 4% after central bank triggers “market-driven adjustment”