Reserves
UAE, Qatar may buy euros for reserves
The United Arab Emirates and Qatar said they may buy euros with some of their combined $30 billion of foreign exchange.
Time for Gulf economies to increase gold reserves
According to this article published on Thursday 30 March, the prospect of selling oil for inflated dollars should send Middle Eastern central banks to the hedge commodity of gold.
ECB has sold 57 tons of gold
The European Central Bank said on Friday 31 March that it has completed a programme of gold sales amounting to 57 tons of gold.
Iran denies Swiss paper's claim of gold withdrawal
An informed source at the Central Bank of Iran was quoted by IRNA on Friday 31 March as denying a story published in a Swiss daily on the withdrawal of 250 tons of Iran's gold reserves from that country's Credit Bank.
China currency reserves top Japan's - report
China overtook Japan to become the world's largest holder of foreign-exchange reserves, the state-owned China Business News said, citing unidentified sources.
China should tap reserves to buy gold
A Bank of China official was quoted on Monday 27 March as saying that China should use part of its foreign exchange reserves to buy gold.
Gold and foreign exchange reserves
According to the article "What percentage should gold in foreign exchange reserves be?" published Monday 20 March, currencies have a poor history and it is infinitely wise to protect against the worst possible eventuality.
Bundesbank reports increased profits
The Bundesbank reported a net profit of 2.86 bln eur in 2005 on Tuesday 21 March, up from 676 mln a year earlier.
IMF paper on central banks and seigniorage
The IMF Working Paper "Spending seigniorage: Do central banks have a governance problem?" published March 2006 reviews how central banks allocate seigniorage, based on systematic crosscountry comparisons of their financial accounts.
China's reserves making 'impressive' return
The return on investment from China's forex reserves is "impressive", a former central bank official was quoted as saying in the official Shanghai Securities News.
Market of foreign exchange hedge in Brazil
The IBMEC Economics Discussion Paper "The market of foreign exchange hedge in Brazil: Reactions of financial institutions to interventions of the central bank" says that between 1999 and 2002, Brazil's central bank sold expressive amounts of dollar…
A dynamic model of central bank intervention
This January 2005 Working Paper from the Central Bank of Turkey examines central bank intervention in foreign exchange markets using a dynamic censored regression model.
UAE considers reserves switch to euros
The United Arab Emirates is considering moving 10 percent of its foreign currency reserves out of U.S. dollars and into the euro, the Khalij Times reported Monday 13 March.
ECB warns on further Asian reserves build-up
The ECB said in a paper published Wednesday 8 March that a further build-up of foreign exchange reserves in Asia could lead to problems such as inflation pressures and asset price bubbles.
SARB slows forex buying
The Reserve Bank of South Africa slowed its buying of US dollars to $345m last month from $1,289bn in January, figures published Tuesday showed.
Ex-Buba Milow on govt gold grip
In Saturday's issue of Frankfurter Allgemeine Zeitung, the former Bundesbank branch office manager Christian Milow wrote at length about "The grip of the government on gold" ("Der Griff des Staates nach dem Gold").
China won't cut dollar reserves - PBOC's Zhou
People's Bank of China governor Zhou Xiaochuan said in an interview that the country will not reduce its US dollar foreign exchange assets but intends to adjust the mix of its reserves.
PBOC official says 'no timetable' on controls
China has "no timetable" for further easing of its foreign exchange controls, a state news agency quoted a senior official as saying on Friday 3 March .
West's gold vanishing in China once again
China will soon release statistics showing that it has passed Japan as the biggest holder of foreign currency the world has ever seen, according to this article published on Sunday 26 February.
Gold rally expected as central banks cut sales
Gold may rally in coming months as central banks reduce sales of bullion reserves, New York commodity researcher CPM Group said in its annual outlook report released Tuesday 28 February.
PBOC official sees slow dollar reserves shift
The director of the People's Bank of China's research department said on Tuesday 28 February that although China is moving toward diversifying its reserves, anyone thinking the change would be quick was misunderstanding the process.
Economist calls for cut in China's dollar reserves
Economics professor Xiao Zhuoji said in an interview published on Monday 27 February that China should cut its share dollars in its foreign exchange reserves due to risks posed by the dollar's instability.
New York Fed's Foreign Exchange Operations Report
According to the Federal Reserve Bank of New York's Treasury and Federal Reserve Foreign Exchange Operations quarterly report for October-December 2005, the U.S. monetary authorities did not intervene in the foreign exchange markets during the October -…
Reservations about reserves
According to this article published on Sunday19 February, a race is unfolding in Asia involving currency reserves. The favourite in this game of monetary one-upmanship is China, it says.