Reserves
BOT may get new responsibility under new bill
If approved by parliament, the new Bank of Thailand (BOT) bill will widen the authority of the central bank in managing international reserves.
Is China accumulating too much foreign cash?
According to this article published on Monday 16 January, with China's reserves now approaching the level of Japanese holdings, there are fears that this vast hoard of foreign exchange exposes the country to risks that could undermine future growth.
Mexican reserves will protect in election campaign
Mexico's large currency reserves offer protection against the risk that the peso could be destabilised during the country's presidential campaign, a regional Fed president said Friday.
US's Snow says some dollar reserves shift normal
U.S. Treasury Secretary John Snow said on Friday 13 January some countries' movement of reserves out of dollar-denominated assets would have only a small impact on U.S. markets.
China's forex reserves rise to $819 bn
China's foreign exchange reserves grew nearly $50 billion in the last quarter of 2005 to reach $819 billion, making it likely China will exceed Japan's reserves by the end of the year.
China: No plan to sell dollar assets, buy oil
China has no plan to sell off its US dollar assets, the head of the People's Bank of China, Zhou Xiaochuan, was quoted as saying in the official Shanghai Securities News.
How long can BoU reserves go without aid?
This article published on Wednesday 11 January asks how big are the Bank of Uganda's reserves? And how far can the country run until the financial tank shows 'empty?'
Venezuela sees reserves up by 25 percent
Venezuela closed the 2005 fiscal year with foreign reserves above US$ 30.3 billion, the third highest in Latin America, according to a report authored by Aristimuo Herrera & Asociados.
Ukraine's reserves more than double in 2005
The gross foreign reserves of the National Bank of Ukraine (NBU) grew 2.04 times in 2005 - from $9.5249 billion to $19.39476 billion.
Analysts sceptical over central bank gold buying
Central banks are unlikely to rush to diversify their reserves into gold in the near future due to the lengthy decision-making process and small size of the bullion market, Reuters said in a report.
China mulls reserves shift to liquid assets
People's Bank of China officials revealed more on Tuesday 10 January as to how they are likely to manage their foreign-exchange reserves, saying they won't sell off a large amount of existing US dollar holdings but may move some reserves into other…
Argentina to buy euros to restock reserves
Argentina's central bank will begin buying euros in the foreign exchange market to help bolster its foreign reserves, which were sharply reduced to pay back the country's debt with the IMF, a central bank official said on Sunday 8 January.
Gold rises on central bank buying rumours
The gold price had been lent further momentum by investors anticipating central banks would deliver on comments they would buy gold, Bloomberg News reported.
Asian FX intervention may have less bite this time
Asian central banks have made it clear they are not happy with a surge in their currencies as 2006 gets under way, this article published on Friday 6 January notes.
Taiwan says FX turnover no intervention indicator
The Central Bank of Taiwan has urged speculators to stop second-guessing central bank policy actions on the Taiwan dollar on the basis of the forex market's daily turnover.
Bundesbank to decide on gold reserves next year
Germany's Bundesbank will decide next year whether to dispose of its gold reserves, the Financial Times Deutschland reported.
Argentina to pay off IMF debts at start of 2006
Argentine President Nestor Kirchner said on Wednesday 21 December that his country will clear its debt with the International Monetary Fund on 2 January next year, instead of the previously announced next Thursday.
Argentina sells bonds to Venezuela
Argentina sold $496 million in bonds to Venezuela to help boost its international reserves as it prepares to pay back the $9.8 billion it owes the International Monetary Fund.
Bank of Portugal offloads 10 tonnes of gold
The Bank of Portugal has said it has sold 10 tonnes of gold from its reserves over the past month.
Gold is more than a hedge
According to this article published on Monday 12 December, the latest idea to grip the markets is that gold is poised to become the world's fourth major currency.
Brazil announces intention to repay IMF debt
Brazil announced on Tuesday 13 December its intention to make an early repayment of its entire outstanding obligations to the International Monetary Fund amounting to SDR 10.79 billion (about US$15.46 billion).
Germany against gold sale to fill budget holes
Conservatives in German Chancellor Angela Merkel's ruling coalition remain opposed to using central bank gold reserves to fill budget holes, a senior lawmaker was quoted as saying on Wednesday 14 December.
Russia changes gold reserves publication rules
In January 2006 details of Russia's gold reserves will be published on the basis of gold evaluations according to quotes by the Central Bank of Russia, the bank's external and public relations department said.
Foreign exchange reserves in emerging Asia
The Bank of Canada Working Paper "An empirical analysis of foreign exchange reserves in emerging Asia" published December 2005 asks how far is the current level of US-dollar foreign exchange reserves held by Asian central banks from that predicted by the…