Reserves
IMF issues advice on Botswana’s sovereign fund
Rules should govern withdrawals from government’s account, IMF says
Zimbabwe back to printing bond notes
Reserve bank to release an extra $300 million into the system from August to deal with forex demand
BoE working paper examines ‘exorbitant privilege’ benefits
Economist analyses whether the UK enjoyed the same benefits as the US when it was issuer of the pre-eminent global reserve currency
Michael Wong Pakshong, 1931–2017
MAS’s first managing director led the institution from a turbulent foundation through a period of monetary reform
HKMA’s investment team “on guard” for turbulence later in the year
HKMA deputy chief executive warns of an undercurrent of market uncertainties in the second half of the year
Weaker franc gives SNB newfound leeway
The Swiss franc falls to its lowest level against the euro since January 2015
Future of renminbi looks bright – Swift
Outlook good, despite drop in renminbi’s share of global payments
Bank of Canada severs mechanical link to external ratings
The Bank of Canada is “well positioned” to end its mechanistic reliance on external credit ratings, says Philippe Muller
HKMA’s Exchange Fund posts record high investment income
Strong performance in equities and currency effects drove record investment result in the first half of 2017
Uzbekistan to press ahead with forex reforms
Authorities plan to “frontload” efforts to unite black market and official exchange rates
Central Bank of Paraguay re-enters markets with World Bank support
World Bank to provide assistance on efficient portfolio management following re-entry into international markets
SBP clashes with government on exchange rate drop
Pakistan’s finance minister expresses “deep concern” over sudden drop in currency
Pakistan growth hits decade high – SBP report
Central bank sounds alarm on falling exports despite “encouraging picture” elsewhere
MAS’s Menon plays down record profit figure
Record-breaking profit due to strong positive currency translation effects and higher investment gains
Malaysian government escalates investigation on historic forex losses
Commission will investigate heavy forex losses by the Malaysian central bank in the early 1990s
Indonesian deputy Perry on revolutionising monetary and financial policy
Perry Warjiyo explains central bank’s radical overhaul of monetary policy operations, market deepening and financial inclusion in Indonesia
Aruba central bank keeping an eye on government deficit
Caribbean central bank says borrowing from the domestic market could put pressure on international reserves
ECB buys €500 million worth of renminbi for forex reserves
Belgian central bank also announces purchase of Chinese currency, plus South Korean won
Qatari peg under pressure despite reassurances
Riyal drops below official level of the peg amid concerns over Qatar’s diplomatic isolation
‘Relentless pressure’ on Barbadian central bank harms growth
Former central bank governor says government should get help from IMF ‘without delay’
Central banks build expertise in move to riskier reserve tranches
Growing popularity of reserves tranching is stretching central banks’ capabilities, new report finds
Central banks stress commitment as FX Global Code launches
Central banks state they will comply, and expect counterparties to do the same
Norges Bank reserves swell, thanks to equity returns
Fixed-income portfolio returns essentially zero in Q1, but equity returns are higher
Ukraine’s Gontareva on one of the toughest jobs in central banking
NBU governor transformed central bank while engaging in wartime deficit funding and overhauling banking sector