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Government Reserve Assets

IWG proposes permanent body for sovereign funds

Sovereign wealth funds (SWFs), which have become major investment vehicles in the global economy over the past few years, will study the creation of a permanent international body, it was disclosed on Saturday.

Speech Lorenzo Bini Smaghi: The internationalisation of currencies – A central banking perspective

Speech by Lorenzo Bini Smaghi, Member of the Executive Board of the ECB Conference “The euro at 10: The next global currency?” hosted by the Peterson Institute of International Economics and BRUEGEL Washington, 10 October 2008...

UK Government: UK official holdings of international reserves

Part I: UK Government Foreign Currency Assets and Liabilities - As set out in the Chancellor's letter of 6 May 1997 to the Governor of the Bank of England, if the Government so instructs, the Bank, acting as its agent, may...

Saudi anti-inflation measures may hit banking sector

Saudi Arabia's decision to force its banks to increase their deposits with its central bank within measures to curb soaring inflation could hit the profitability of those banks, a leading Saudi bank said yesterday. The...

Forex kitty swell by $650 million

MUMBAI: Foreign exchange reserves rose $650 million during the week ended September 12, largely on account of revaluation of non-dollar assets in the reserves. According to latest figures released by RBI, total foreign...

Forex reserves surge $1.08 bn to $297.3 bn

Banking Bureau Posted online: Saturday , August 30, 2008 at 02:36 hrs Updated On: Saturday , August 30, 2008 at 02:36 hrs Forex reserves climbed $1.08 billion to $297.3 billion for the week ended August 15, the Reserve...

UPDATE - Bank of China profit up; overseas holdings weigh (at Reuters)

By Kennix Chim and Simon Rabinovitch HONG KONG/BEIJING, Aug 28 (Reuters) - Bank of China (3988.HK: ), the country's flagship foreign exchange lender, posted a forecast-beating 15 percent rise in second-quarter profit as...

Forex reserves slip to $296 b

Our Bureau Mumbai, Aug. 22 The country’s foreign exchange reserves fell to $296 billion for the week ended August 15, from $300 billion in the previous week. Forex reserves had crossed the $300-billion milestone for the...

Taiwan Q2 balance of payments surplus 4.59 bln usd vs 1.89 bln deficit

TAIPEI (XFN-ASIA) - Taiwan registered a balance of payments surplus of 4.59 bln usd in the second quarter to June, reflecting an increase in the central bank's reserve assets, the central bank said. It compares with a deficit...

INSTANT VIEW 1-Greek June c/a widens to -2.958 bln euros

ATHENS, Aug 19 (Reuters) - Greece's current account deficit widened to 2.958 billion euros in June, reflecting mainly a widening of the trade deficit, the Bank of Greece said on Tuesday. The gap rose in June by 471 million...

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