HSBC Reserve Management Trends 2023
First published:
ISBN: 978 1 78272 991 4
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Trends in reserve management: 2023 survey results
Executive summary
Trends in reserve management: 2023 survey results
The role of gold in central bank reserves
Will the dollar remain the world’s reserve currency?
Interview: Golan Benita
Reserve management at the BCB
NDF interventions in Latin America
Appendix 1: Survey questionnaire
Appendix 2: Survey responses and comments
Appendix 3: Reserve statistics
This chapter reports the results of a survey of reserve managers that was conducted by Central Banking Publications in February and March 2023. This survey, which is the 19th in the annual HSBC Reserve Management Trends series, was made possible by the support and co-operation of the reserve managers who take part in it. The reserve managers contributed on the condition that neither their names nor those of their central banks would be mentioned in this report.
Summary of key findings
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Above-target inflation is the most pressing issue facing reserve managers in 2023. Overall, 55 central
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