Central bank news
Colombia culls external reserve manager to boost competition
From 2016–18, the central bank reduced the number of institutions from seven to six
RBI buys $5bn in FX swaps auction
Unusual move to inject long-term liquidity into the system is heavily oversubscribed
RBA governor signals a rate cut more likely in 2019
Uncertain global outlook has rebalanced Reserve Bank of Australia's policy options
Jamaica uses social media to calm markets after FX intervention
Central bank's Wynter says FX volatility is nothing to worry about, but makes veiled warning
PBoC sets up department to lead China's financial oversight
Central bank to devise ways to promote international use of yuan
Colombia central bank buys $1 billion from Treasury
Aims to support plan to enhance international reserves portfolio
Bundesbank to include renminbi in reserves
Onshore renminbi jumps to strongest level against the dollar for more than two years, following comment from Germany’s central bank
Trump nominates Jay Powell as Fed chairman
Powell has voted in line with Yellen’s agenda and is not expected to shift away from current policy
Czech National Bank removes koruna cap
After three and a half years, the central bank scraps the floor on EUR/CZK
Markets gear up for end of Czech koruna cap
With inflation at its highest level since 2012, the CNB's change of language leads analysts to herald end of EUR/CZK floor
Latam reserve managers experiment with renminbi
Renminbi viewed as an attractive reserve asset in Latin America due to growing business links with China; renminbi statistics may not be showing up in IMF data
No full disclosure on FX scandal in 2014, says FCA's Wheatley
Martin Wheatley, head of the UK's Financial Conduct Authority, says ongoing investigation unlikely to be concluded this year; laments prevailing culture of ‘ethical flexibility'
Euro-denominated FX reserves rise again
After several quarters of declining central bank holdings in euro, recent data from the IMF suggests reserve managers have started to increase holdings in the currency again, albeit by a very small amount, says Thomas Stolper
FX Week Forum: Central banks and FX reserves
In the latest in the FX Week Forum series, Joel Clark talks to Steven Saywell, global head of FX strategy at BNP Paribas, about trends in central bank reserve management and the IMF's latest set of reserves data
FX Invest North America: Central banks ‘getting away with murder’
Central banks are pursuing the wrong policies and will find it difficult to know when to tighten monetary policy, says Axel Merk at Merk Investments
Reserve managers avoid Bric currencies despite increase in risk appetite
Central banks look to diversify reserves in search of higher yield, but still consider emerging market currencies too risky
Nalm 2013: Debate rages over how to manage expanding reserves
Central banks enter into new asset classes and alternative currencies but Bank of Israel’s Andrew Abir rejects value of renminbi as a reserve currency
Central banks grapple with risks arising from FX reserves
Holdings of foreign exchange reserves at central banks has increased since the crisis, and market participants believe diversification into new currencies could now pick up
RBS's Ahmad joins JPMorgan Asset Management in emerging markets debt and currencies
Appointment signals demand for investments in emerging markets debt and currencies
A reality check for emerging markets
Are things a little too good to be true in emerging markets? SLJ Partners’ Stephen Jen thinks so, and warns that healthy GDP figures are not telling the whole story of what lies beneath. Saima Farooqi reports
FX Concepts’ Taylor turns bearish on US dollar
The head of $3 billion hedge fund FX Concepts says the Federal Reserve’s open ended quantitative easing programme will drive the US dollar lower in coming months.