Reserves
IMF staff strike deal for $6 billion Pakistan bailout
Mission chief says central bank should focus on inflation control and exchange rate flexibility
Capital outflows further reduce Turkey’s reserves in March
Current account deficit falls, but the economy’s weak external position remains unchanged
Israeli reserves rise on higher equity prices in April
Portfolio increased in value by $524 million to $118.7 billion, which represents 32.2% of GDP
Central banks prove eager investors in AIIB debut
Official sector snaps up two-thirds of AIIB’s inaugural bond issuance
Time for resilience
Events that impact markets have made it crucial to build resilient portfolios that are aware of downside risks. BlackRock explores the importance of protection in downturn scenarios for reserve managers.
Venezuela to adopt a more flexible exchange rate
Analysts say liberalisation and US sanctions on oil industry are likely to further boost inflation
China cuts reserve requirements for small banks
PBoC cuts RRR for local banks; premier Li Keqiang had urged policy-makers to reduce funding costs for small businesses
Central bank gold buying hits new high
Official reserve managers bought 145.5 tonnes last quarter, a 68% increase from Q1 2018
Fed makes ‘technical adjustment’ to monetary policy
The move does not signal a change in policy stance, Powell says
Turkish central bank defends reserves-boosting swaps activity
Swaps provide support for banks amid offshore Turkish lira liquidity squeeze, central bank says, after reports suggested the central bank was artificially pumping up its reserves figures
IMF researchers present guide to enabling negative interest rates
Exchange rate between cash and bank reserves is the “best approach”, researchers say
Argentina abandons free float as peso crisis continues
Central bank says it will now intervene, even within “non-intervention” band; action seems to have stabilised peso for now
Emerging markets Argentina and Turkey: mission impossible?
High international debt exposures, large deficits and institutional frailty have fuelled capital outflows, weaker currencies and soaring inflation in Argentina and Turkey. Does the US Fed’s pause give the EM central banks reason for hope?
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
Reserve managers flag US-China trade war as main risk in 2019
Fed’s looser policy, ESG adoption and growing asset diversification are shaping the sector
Understanding the Fed’s proposed reserves tool
The FOMC hinted at a tool for cutting reserves demand at its last meeting – the question is, why?
Bank of Jamaica should reduce forex ‘footprint’ – IMF
“Further rate cuts” also necessary, the fund says
The IFF China Report 2019: Financial deepening, fintech development and green financing
The past 40 years have seen China transform from a recipient of global aid to a major economic centre in its own right. China is now seeking to deepen its markets, gradually open its borders to global financial flows, and promote new and innovative forms…
A dangerous moment for the Reserve Bank of India
The RBI’s high-profile skirmishes with India’s populist government in 2018 threatened the central bank’s mission. Central bankers worldwide should take note
NY Fed official sketches key factors for balance sheet plans
Fed’s nominal securities purchases may be higher than before crisis, official says
US imposes sanctions on Venezuelan central bank
Trump administration attempts to close one of Maduro regime’s last sources of external financing
Central banks urged to take four key climate actions
Network for Greening the Financial System releases its first comprehensive report
Austrian central bank gives strong warning on draft regulation law
Changes would harm balance and efficiency and increase influence of special interests – OeNB
Maduro regime arrests two central bank workers
Officials detained after meeting with Venezuelan presidential challenger Juan Guaidó