Central Banks

This chapter was first published by Central Banking Publications in their annual “RBS Reserve Management Trends”, in April 2012. The chapter address the question of how much gold emerging market central banks should be holding from a domestic currency perspective. It examines the performance of a typical central bank portfolio when denominated in nine emerging market currencies.

LCR）への影響を分析しています。

As part of gold's growing financial usage the World Gold Council conducted a case study to examine gold's potential role on bank balance sheets as part of new liquidity buffers being discussed in global banking regulations within Basel III. The case study examines the effect of adding gold to the Basel III Liquidity Coverage Ratio (LCR).

A summary of major changes in central banks’ gold holdings.

Natalie Dempster, Director of Government Affairs, World Gold Council, discusses the role of gold as a partial solution to the eurozone sovereign debt crisis.

The report examines how gold can help a central bank meet its foreign reserve management objectives. A portfolio optimiser is used to show that the efficient frontier of a typical developing or emerging market central bank can be enhanced by adding gold - in other words, a bank can enhance its risk-…

This report examines how gold can help a central bank meet its foreign reserve management objectives. It also explains how the gold market works, both in terms of the fundamentals of demand and supply, and the trading and vaulting of gold.