Reserves
Fed and foreign investors earn lower returns on Treasuries, paper finds
Foreign investors tend to buy Treasuries when they are “expensive and offer low future returns”
Costa Rican authorities tell president reserves are sufficient
Chaves had complained of “very few reserves” at Davos
Algerian president replaces central bank governor
Saleh Eddine Taleb becomes sixth head of Bank of Algeria in as many years
Does Switzerland need an SWF?
A sovereign wealth fund could adopt longer-term strategies, invest in less liquid assets and increase exposures to riskier assets such as equities, potentially boosting returns
Chile signs up to IMF’s first short-term liquidity line
Revolving $3.5 billion credit will replace flexible credit line arrangement
Interpol cancels red notice for Suriname ex-governor
Police body will not involve itself in a case that has a political character
How to stop stablecoins from hoarding precious collateral
Repo markets expert and crypto bank chief exec think Fed reserves are the right answer
Austria’s Partsch explains decision to raise equity exposures
Central bank boosted equity investments from 5% to 12% in the wake of the pandemic
Bangladesh Bank heist casino boss faces lawsuit in New York
Bank asserts Kim Wong was involved in money laundering for North Korean regime
IMF boosts dollar and renminbi weights in new SDR valuation
Euro records largest drop, while yen and sterling decline slightly
Sri Lankan PM appointed after governor threatens to quit
Governor warns IMF deal for crisis-hit island could take months and calls for political stability
Bank of Israel reserves fall by over 4% in April
Falling equity prices are the main factor behind $8.5 billion drop in value
Pakistani governor steps down as term expires
Government chose not to renew Reza Baqir’s term
Higher global inflation allows SNB to let franc rise – Jordan
Less integrated global economy could lead to persistent higher inflation, says SNB chair
Mexico’s García: war implies tough trade-offs for reserve managers
Banxico reserves director says acting tactically has become more difficult, and central banks may need to rethink their strategic asset allocations
Reserve managers stick to asset diversification
Higher yields not prompting central banks to abandon investments in less conventional asset classes
Reserve managers cut duration as inflation surges
Central banks with bigger portfolios tended to combine this measure with changes in currency and asset allocation, Central Banking survey finds
NBU restricts crypto purchases to stem capital outflows
Ukraine continues to accept bitcoin, ethereum and tether for war effort
RBI extends Sri Lanka swap line
Island nation defaulted amid debt, currency and balance of payment crises
Stablecoins revive US narrow banking debate
Legislators suggest simplified bank rules to regulate issuers, but Federal Reserve is cautious
Global spillovers not unique to US monetary policy – BoE paper
Fed and ECB both create spillovers through macroeconomic and financial channels
Nabiullina admits sanctions taking toll on Russian economy
Central bank preparing legal action in bid to unfreeze $300 billion of foreign exchange reserves
African central banks face serious challenges, says IMF
Report suggests short-term measures, but says central banks also need structural reforms
Quantum computing: ready for prime time?
Central banks should add QC to their strategic planning, despite it being a work in progress