US dollar
Brexit unlikely to affect sterling’s reserve currency status
No-deal scenario could put major downward pressure on the currency
Reserve manager of the year: Bank of Mexico
The Latin American central bank has adopted a forward-looking asset allocation strategy as well as embracing absolute return approaches
CBSL inks deal with RBI to boost reserves
Swaps deal will help maintain reserves while talks with the IMF resume, central bank says
Iran to cut four zeros from currency
Currency continues to depreciate, inflation climbs and growth slows
The PBoC’s efforts to solve the ‘impossible trinity’
Chinese central bank intervenes to manage offshore renminbi rate; uses swaps, rather than selling reserves in latest currency interventions
Book notes: Keeping at it, by Paul Volcker with Christine Harper
Volcker, a man who has made history, delivers a fascinating memoir, providing insights into the key lessons learned during his decades of public service, writes Jean-Claude Trichet
‘Key currencies’ affect patterns of global imbalances – BIS paper
Authors say it is important to think about a “dollar zone” not just the dollar
Mozambique resumes cutting cycle on lower inflation
Prices continue to fall within single digits, but concerns around public debt leave central bank on high alert
Fragility of forex market stays SNB’s hand
Central bank maintains Libor rate target and negative policy rate
Central Bank of Iran accused of role in ‘illicit oil network’
US Treasury targets central bank officials in latest round of sanctions
Political angst affecting the exchange rate, says Bank of Mexico
Central bank hikes rates to 8% as political decisions begin to take a toll on financial market
Riksbank to add Norwegian and Danish krone to reserves portfolio
Change responds to banks’ liquidity requirements in these Scandinavian currencies
Dollar strength drives yuan to lowest level in a decade
Higher US rates are narrowing interest rate differential as Chinese growth weakens
Hurdles remain for euro as international reserve currency
Dollar’s incumbency, institutional deficiencies and rise of the renminbi hamper the euro’s progress
Bruno and Shin investigate EM firms’ dollar vulnerabilities
BIS paper highlights negative effects of US dollar strength on emerging market firms, as figures show dollar borrowing is still on the rise
Sarb’s Groepe says inflation could rise further without policy action
South African Reserve Bank plans five hikes of 25bps by 2020
Venezuela says it will drop US dollar for euros
Maduro government’s plan cannot succeed, expert says
Egypt strikes deal for increased funding from global banks
Central bank increases funding from repo operation to $3.8 billion
PBoC cuts RRR as markets plummet
Trade war fears trigger instability in Chinese markets
Zimbabwe banks ordered to ring-fence foreign currency accounts
Move appears to be a step towards de-dollarisation
Euroclear to offer US dollar settlement in central bank money
New settlement should reduce credit and operational risk on settlement banks
Central banks accelerate gold purchases in 2018
This has been the strongest period of gold buying since 2015, WGC says
Booming US economy set against ‘fragile’ markets – BIS review
Fiscal stimulus on top of loose financial conditions in the US continues to pile pressure on emerging markets, the BIS warns in its latest quarterly review
Juan José Echavarría on Colombia’s path to sounder monetary and economic policy
The governor of the Central Bank of Colombia talks about policy efforts to promote stability, the importance of independent institutions and the implications of Venezuela’s economic collapse