BIS offers to manage Philippines reserves- reports

The Philippines central bank is studying a BIS proposal to manage the country's gross international reserves. A source at the BSP said the BIS expressed interest in acting as its "external fund manager".

Press reports claimed a Bangko Sentral source said that the Bank for International Settlements - known as the central bank for central banks - has shown interest in acting as the Philippines central bank "external fund manager." The bank wants to manage a multicurrency portfolio for Bangko

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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