Reserves
The new era of money supply and its impact on policy
The empirical relationship between money and inflation has changed, writes Manmohan Singh, with Apoorv Bhargava and Peter Stella. To understand current policy challenges, we must first understand money creation
Myanmar suffering slow-motion bank run, reports say
Central bank struggles to supply cash and defend currency amid post-coup turmoil
IMF urges Mauritius to reform central bank
Bank of Mauritius made loan to government in 2020 and funds investment body with reserves
Israeli reserves reach new record high
Foreign currency purchases to offset shekel’s strength boost portfolio to $194 billion
Dollar’s share of global reserves falls to 25-year low
Gradual decline may stem from currency diversification by emerging market central banks - IMF report
SNB’s Jordan rejects higher profit distribution
Current system takes into account market risk stemming from ever-larger balance sheet
Central banks remained net gold buyers in Q1
Rate of gold buying down on first quarter of 2020, as Hungary leads purchases
Iran’s central bank tries to unfreeze foreign assets
Governor seeks to reduce effects of US sanctions, but expert says nuclear talks will be key
Central banks play growing role as local gold buyers
Purchase programmes can save resources, while helping to foster security and fairness in mining industry, report says
BIS to operate sterling liquidity facility backed by BoE
Move echoes 20th century arrangements when BIS acted as intermediary in swaps network
IMF praises Chile’s Covid-19 response
Fund warns against new withdrawals from pension system
Bank of Mexico has no dividend for government
Mexican president had asked for advance from central bank last year
Ecuadorian lawmakers pass central bank independence law
IMF demanded measure to create autonomous board and bar monetary financing
IMF voices fears over Madagascar central bank’s local gold buying
Central bank is buying unrefined gold, but IMF officials warn safeguards are at risk
Ecuador presidential election makes central bank reform likely
President-elect favours measure granting autonomy to central bank
Bank of Israel’s reserves reach new record high
Reserves portfolio reaches $185.7 billion, driven by central bank’s FX interventions
Hungary’s central bank triples gold holdings
MNB says inflation risk and higher government debt played “key role” in decision
MAS contributes reserves to IMF pandemic funds
Singapore to provide $20.6 million to IMF initiatives for low-income countries hit by Covid-19
Central Banking Awards 2021: winners in full
Winners in 2021 include the Federal Reserve, Alejandro Díaz de León and Charles Goodhart
IMF weighs up $650 billion SDR issuance
Figure would allow Biden administration to avoid a vote in Congress
Central Banking Awards 2021: final winners unveiled
Awards announced for central bank of the year, economics, risk management and more
Risk management technology: Ion Treasury
The US firm has championed Libor transition services, and supported reserve managers manage positions during the coronavirus shock
Economics in central banking: ‘Patterns in invoicing currency in global trade’, Emine Boz, Camila Casas, Georgios Georgiadis, Gita Gopinath, Helena Le Mezo, Arnaud Mehl and Tra Nguyen
An extensive data-gathering exercise allowed the authors to shed new light on critical aspects of policy-making in a globalised world, while clearing a path for other researchers to follow
Central Banking Awards 2021: first winners unveiled
First tranche of awards announced for governor, reserves management, green finance and more