Documents show RBA basement holds huge wine cellar

Documents obtained under Freedom of Information laws show the Reserve Bank of Australia houses a $100,000 wine cellar in the basement of its Sydney headquarters alongside vaults guarding Australia's reserves. RBA secretary David Emmanuel defended the publicly-funded wine cellar, saying it was vital for the bank's hosting of functions for the finance and business communities.

Source: The Daily Telegraph

There's more kept in reserve in the coffers of the Reserve Bank than millions of dollars in bank

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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