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Showing 1 - 10 of 38 results for "foreign exchange reserves"

South Korea looks to Australia for next sovereign wealth fund

JAMIE WILLIAMSON  |  FRIDAY, 12 DEC 2025
... industries with future growth potential. However, since the Korea Investment Corporation (KIC) manages foreign exchange reserves, it cannot be operated in such a manner, and therefore cannot actively generate national wealth," he said. "If there are ...

Emerging markets well placed for 2024

CHLOE WALKER  |  FRIDAY, 19 JAN 2024
... real estates are normalising, while emerging markets are benefiting from lower core inflation, growing foreign exchange reserves, trade surpluses, and prudent fiscal policies," it said. Elsewhere, Principal Asset Management chief executive Damien Buchet ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... execution of balance sheet and financial market operations. Additionally, he manages the UK's official foreign exchange reserves and coordinates market intelligence and analytical advice to the BoE's monetary and macro-prudential policy committees. ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... payments infrastructure, the printer of banknotes and passports, and the manager of Australia's foreign exchange reserves. So there is a lot more than just monetary policy." "Under the Reserve Bank Act 1959, I, as the governor, am charged with managing ...

Chief economist update: China's slowing fast

BENJAMIN ONG  |  MONDAY, 22 OCT 2018
... stockmarket. The Chinese yuan has lost 6.1% of its value against the US dollar this year to date and its foreign exchange reserves have dwindled by 2.4% over the same period. The Shanghai composite index is now in a bear market, down 22.9% since the ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... from 89.36 in February to 79.36 in mid-June; and China's economy were showing signs of slowing, it's foreign exchange reserves dwindling and its credit ratings downgraded by Moody's in late May. Just as rational when the A$ was predicted to head higher. ...

Good goings-on in China

BENJAMIN ONG  |  THURSDAY, 6 JUL 2017
... Capital outflows have halted in recent months, underscored by the gentle but consistent increase China's foreign exchange reserves - up for the fourth straight month to US$3.05 trillion in May - the Chinese currency and the stock market. The onshore ...

Moody's downgraded and upgraded China's ratings

BENJAMIN ONG  |  FRIDAY, 26 MAY 2017
... outflows that would put downward pressure on the Chinese yuan that, in turn, would reduce the country's foreign exchange reserves; then there's the higher interest rates on foreign borrowing due to the lowered credit rating that would flow onto more ...

Dwindling reserves

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
China's foreign exchange reserves continued to decline, falling by US$12.3 billion in January to US$2.988 trillion - the first time since February 2011 that reserves had fallen below the important psychological threshold of US$3 trillion. Though this ...

Trump keeping M&A on a leash

ALEX BURKE  |  FRIDAY, 6 JAN 2017
... "scrutinise overseas transactions over US$2 billion in an effort to reduce capital outflows that are draining foreign exchange reserves and depreciating the renminbi."
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