Central banks must mobilise their FX reserves

The pandemic and climate crises call for bold action, write Gary Smith and John Nugée

gold-reserves

As we leave 2020 with relief, and move forward into 2021, the world faces two unprecedented crises simultaneously. Firstly the need to rebuild public sector finances, after they have suffered the biggest ever hit in peacetime in the wake of the Covid pandemic. And secondly, the need to tackle climate change, accelerate the switch to renewable energy sources and transition the world economy onto a more sustainable path.

The scale of these twin challenges is so enormous and so urgent that it

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.