Principles of Central Bank Reserve Management Duration of event:
Event focal point email: Other events details: The registration
is closed Deadline for registration: 2 November 2012 Almost
every country in the world holds foreign currency reserves or
“FX reserves”, which are assets of the central bank held in
different reserve currencies, most commonly the US Dollar, used
to back its liabilities. Foreign exchange reserves held by the
Central Bank are a major national asset and a primary tool of
monetary and exchange rate policy. Understanding how reserves
management works is important in today's world. Foreign currency
reserves make up $11 trillion of capital. The sheer size of
reserves makes reserve managers some of the most important
players in the global financial markets. This is in addition to
the influence they have in their domestic markets on the value
of their currency or on interest rates. This course will present
a 360 degree view on reserves management and will cover issues
such as why central ban