Reserves
Central banks accelerate gold purchases in 2018
This has been the strongest period of gold buying since 2015, WGC says
Reserve management practices are splintering
Traditional approaches to reserves management are breaking down, writes Jennifer Johnson-Calari
RBNZ looking to make balance sheet ‘more resilient’ – Perry
RBNZ prepares for Libor transition with liquidity concerns on the horizon
Papua New Guinea transitions to IFRS 9
Central bank will look to disclose more information around risk exposures
Central banks adapting to high-speed markets, BIS report finds
“Major developments” in markets are affecting the way central banks operate, Markets Committee says
RBI’s Kanungo warns on fiscal imbalances
State governments have borrowed heavily, making the RBI’s job harder, the deputy says
Vietnam allows renminbi payments in border areas
Renminbi payments designed to cut risks and boost trade
Singapore aims to become e-FX hub for Asia, says MAS’s Loh
Jacqueline Loh says Singapore wants more price discovery to take place in the country
Reserve requirements an effective tool to balance capital flows – BIS research
Higher interest rates encourage more inflows, but adjustments in reserve requirements can strike a better balance
Turkish and Qatari central banks agree $3bn swap deal
Gulf monarchy announces $15 billion investment on August 15 to support crisis-stricken ally
Argentinian central bank raises large banks’ reserve requirements
Central bank in talks with China over credit swap sells over $1 billion this week to defend falling peso
HKMA spends over $2 billion to defend local currency
Hong Kong dollar fell to hit lower limit of its 7.75-7.85 peg to US dollar
Rupee falls to record low as instability hits emerging markets
Indian currency falls to 70 against the US dollar for the first time
Turkish lira plunges again amid looming sanctions
Finance ministry to unveil ‘new economic model’, as central bank struggles to support the currency and officials seek to avoid fresh US sanctions
PBoC acts to rein in renminbi depreciation
Reserve requirement makes it more expensive to short-sell yuan, the first effort by the central bank to stem the currency’s three-month slide
Central bank deputy arrested as Iran grapples with forex crisis
Vice governor in charge of forex has been “arrested and sent to jail”, state media reports
Reserves in Tunisia keep falling
Country battles high inflation and high deficits as it receives support from the IMF
Stricter forex regulations in Central Africa needed to shore up reserves – IMF
Central bank must be ready to tighten monetary policy should reserves remain below target
Shock end to euro floor avoided ‘enormous’ speculative attack, says SNB’s Jordan
Swiss central bank chairman believes sudden removal of forex controls was least bad policy option and limited reputational damage