Reserves
Chile’s forex intervention likely to stabilise peso – experts
Much depends on the reform programme the government chooses to adopt, however
Chile to sell $400m a day in first week of forex interventions
Central bank selling $200m in spot market and $200m in 30-day forwards
Chile launches biggest forex intervention in 20 years
Chilean peso has fallen by 14% against dollar since mid-October amid massive street protests
IMF approves new credit line for Mexico as fiscal outlook darkens
Central bank’s success in reducing inflation may be compromised by fiscal weakness
US banks show signs of year-end funding concerns
Banks demanded nearly twice the amount of cash on offer in NY Fed’s new term repo
Brazil sells dollars as real falls to record low
Currency has fallen by 11.3% against dollar since July, as central bank cut interest rates by 150bp to new low of 5%
Emerging markets face growing debt risk – IMF paper
One-third of emerging market debt over-valued as low-income countries set to issue more
Riksbank sells Canadian and Australian bonds on climate risks
Swedish central bank based decision on high greenhouse gas emissions in Alberta, Queensland and Western Australia
Israeli reserves see strong growth in October
Total international reserves now worth 32.2% of GDP, boosted by equity investments
Decentralised reserves system brings benefits – ECB paper
Management of reserves by eurozone’s national central banks boosts competition – researchers
IMF praises Bank of Mexico for not intervening in forex market
Peso strengthens against regional peers following lack of intervention from central bank
Turkey and Russia continue expanding gold reserves
Central banks purchased 156 tonnes in third quarter of year, 38% less than a year earlier, WGC figures show
Angola abandons currency trading band
Central bank floats currency in a bid to alleviate foreign exchange shortage, after IMF raises concerns
Argentina tightens currency controls following Macri’s defeat
Left-wing opposition leader Alberto Fernandez won the October 27 presidential elections
Argentinian central bank struggles to stabilise peso ahead of elections
International reserves have fallen by 29% since opposition leader defeated president Macri in primary vote on August 11
ECB and PBoC renew bilateral currency swap
Euro-renminbi currency swap agreement will stay in place until October 2022
Strong global forces pushing some central banks to buy gold – analysts
Poland’s move and others pushed by negative rates, political uncertainty and changing monetary system, experts say
BSP governor rules out Philippines involvement in Asian currency war
Rate cuts by Central Bank of the Philippines due to ‘domestic factors’
BIS launches green bond fund for central banks
Institution aims to use fund’s clout to influence development of green investment standards
Floating exchange rates cut inflation in Caribbean – IMF paper
Survey finds greater financial openness in Caribbean countries is associated with lower inflation
Dominican Republic sells dollars to support peso
Dominican peso has been one of the stronger performers in the region