Reserves
IMF extends food shock window despite low demand
Fund postpones end to looser caps on emergency credit
Equities look set to stay in FX reserves portfolios
Despite 2022 losses and higher bond yields, central banks maintain commitments to the risky asset class
Argentina increases use of Chinese currency
Authorities repay IMF in renminbi, and allow it for local current and savings accounts
Georgieva says $100 billion in SDRs donated
IMF chief says 2021 goal reached, but critics note Congress has not approved US pledge
Ecuador approves contingent credit line
Flar offers up to $230 million to Central Bank of Ecuador
Euro remained second reserve currency in 2022 – ECB report
Structural factors continue to hold back the euro as a reserve currency
Bangladesh to adopt single exchange rate
Central bank raises interest rates as it struggles to stem inflation and build reserves
Nigeria liberalises exchange rate
Naira falls sharply as country leaves Emefiele era behind
Strategic investment yields bigger impact than tactical, say managers
Central Banking Summer Meetings: Active investment is essential to understand market dynamics
Chile’s central bank aims to boost reserves by 28%
Programme aims to buy $10 billion in FX over 12 months after interventions to support peso
Zimbabwe devalues currency as crisis deepens
Analyst says Reserve Bank and finance ministry are struggling for control of FX reserves
Malawi central bank official says reserves nearly empty
Southern African country faces food crisis despite IMF aid
Economists warn Philippines state fund could increase corruption
Central bank will contribute annual dividends to fund for two years, delaying capital increase
Central banks’ pandemic interventions averaged 6% of GDP
IMF paper finds relief measures were three times bigger than in global financial crisis
Argentina applying to join New Development Bank
China renews 130 billion yuan swap line with Latin American country
Banknotes: April to June 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Turkish lira hits record lows despite FX from Gulf states
Erdoğan says he is grateful to allies but central bank reserves fall to lowest level in over 20 years
Trends in reserve management 2023: survey results
Insights on inflation, asset diversification, geopolitical risk, risk management frameworks and ESG adoption
IMF approves $3 billion for Ghana
Governor welcomes conditions, including cutting inflation and ending monetary financing
Bolivian governor says country faces ‘liquidity crisis’
Authorities’ response to bank failure could worsen financial stress, analysts say
Argentina raises rates again
Economic stability grows more distant as elections loom