News/Reserves
Geopolitics voted top risk among reserve managers
Reserve Management Trends survey finds preparations made in peacetime are being put to the test
Iran war has triggered ‘peak’ FX volatility, say reserve managers
Officials tell Central Banking Meetings that oil supply shock is on its way
Banque de France made €11bn by ‘bringing gold up to standard’
Exchanging lower-quality NY bullion for higher-spec European bars led to ‘exceptional’ capital gain
Reserve managers weigh tactical response to Middle East conflict
Some make case for ‘nimble’ duration management, but others say uncertainty is too high
RBI battles to shore up rupee as currency hits all-time lows
Central bank deploys directive against lenders after FX reserves fall below $700bn
PBoC reserve ratio cut spurs short-term FX hedging
Removal of 20% forex risk rule drives exporters towards options and onshore forwards
BoT concerned about baht overvaluation, minutes show
February policy meeting discussed need to ‘closely monitor’ currency’s movements
Asian central banks monitoring FX volatility amid oil shocks
Indonesia, Singapore and India look to manage inflationary pressures from war in Middle East
Hong Kong taps reserves to fund infrastructure spending
Government to draw from HKMA’s investment income for first time in more than 40 years
Nigeria opens up official dollar market to bureaux de change
Move aims to strengthen retail FX liquidity and close spreads with exchange rate in informal economy
Dollar will remain core to global finance – Saudi governor
US currency maintains strong liquidity and robust legal framework despite “hiccups”, says Sayari
Bank of Israel pushes back against politicians’ calls to buy gold
Head of markets says bank has done enough sanction-proofing with its portfolio, but refuses to elaborate
Taiwan rejects accusation of ‘backdoor currency manipulation’
Central bank says it ‘cannot and will not’ have upper limit for New Taiwan dollar
Kazakh crypto fund to hold assets seized from criminals – report
Central bank to use hedge funds to hold confiscated digital assets on its behalf
BoJ rejects opposition’s call for faster ETF selloff
Bank says matter ‘fully addressed’ last year, after lawmaker proposes speedier sale to fund tax cut
IMF overcalculated Taiwan’s USD exposure – central bank chief
Fund’s measure showing USD holdings at 45 times local FX markets is “misunderstanding”, Yang says
Bolivia receives $4.5bn financing package from IDB
Country secures second major deal with multilateral fund since new president took office in November
Argentina secures $3bn repo ahead of bond repayment
Six unnamed international banks provide BCRA with reserves boost
BCRA shores up dollar reserves for first time since April
Argentine central bank buys FX as new exchange rate regime kicks in