Executive summary

Nick Carver

This book, HSBC Reserve Management Trends 2022, the 18th annual edition, is published at a time when reserve managers around the world are re-evaluating their assumptions for the year following Russia’s invasion of Ukraine.

For reserve managers, the tragic events will impact markets, most notably their liquidity and volatility, and in the longer term inflation, and by extension monetary policy. More broadly, it will lead to a recalibration of geopolitical risk, with implications for choices around currency and custody.

2022 survey findings

The first chapter presents the findings of a

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: