Executive summary
Executive summary
Executive summary
Trends in reserve management: 2024 survey results
RMB – internationalisation is not over
Managing the tides: the dynamic history and future challenges of Korea’s foreign reserve diversification
Interview: Jonas Stulz
Reserve management at the National Bank of Slovakia
The NBP’s gold purchases – a view from the risk management trenches
Appendix 1: Survey questionnaire
Appendix 2: Survey responses and comments
Appendix 3: Reserve statistics
Two decades ago, the US invaded Iraq, 10 nations joined the European Union, severe acute respiratory syndrome (Sars) broke out in China and spread across the world, and World Trade Organization-led negotiations between nations collapsed. The US dollar depreciated relative to the euro and other currencies, as the US called for China to loosen its exchange rate policy.
A global financial crisis, another pandemic and the sharpest monetary tightening cycle in over four decades later, the 20th edition of the HSBC Reserve Management Trends book brings together the views of 91 reserve managers on
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