African reserve managers shed light on post-Covid strategies

Volatile environment has led to more experimentation, speakers tell Central Banking Spring Meetings

Central Banking Spring Meetings 2025
Petri Oeschger

Some African central banks have been increasing their drive to diversify and lessen their reliance on the dollar.

Two reserve managers – one from a lower-middle-income country, and the other from an upper-middle-income nation – expanded on the challenges and benefits to asset diversification and the limits to intra-African trade during a panel today (February 25) at the Central Banking Spring Meetings in Cape Town.

The official from the upper-middle-income country said the central bank was forced

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