vw201629_3
foreign currency reserves grew in the first half of the year The value of Russian foreign currency reserves as of end-June stood at $393 billion, an increase of nearly $25 billion f...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
2024-05-20-Bi
#assetpurchases,#liquidityrisks MS Teams Huixin Bi (Kansas City Federal Reserve Bank) - Asset Purchases in a Monetary Union with Default and Liquidity Risks Research Seminar - Huixin Bi (K...
Bankoffinland.fi / Start page / Media and publications / Calendar / Events / Research seminars / 2024
Exchange rate policy
monetary policy,Eurosystem,foreign reserves,exchange rate policy READ MoRE Exchange rates International Monetary Fund The primary objective of the monetary policy of the Eurosystem is to m...
Bankoffinland.fi / Start page / Monetary policy
vw202215_4
Russia No growth this year for Russia’s foreign reserves or the National Welfare Fund Russia’s foreign currency and gold reserves experienced gradual growth still in 2021 as the ce...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
vw201728_5
China Yuan use as a reserve currency unchanged; use in international payments declines Yuan use as a reserve currency unchanged; use in international payments declines Fresh IMF f...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Board Member Tuomas Välimäki: What is the optimal size of central bank balance sheets? Introductory remarks 19.3.2024
well as holding the country’s official foreign currency reserves. These elements are also the ones that determine the natural size of the central bank balance sheet. As they are not directly ...
Bankoffinland.fi / Start page / Media and publications / Speeches and interviews / 2024
vw201706_5
China's currency reserves fall below USD 3 trillion At the end of January, China's foreign currency and gold reserves stood at $2.998 trillion, or about $1 trillion less tha...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
vw201745_5
China China's current account surplus shrinks; foreign currency reserves increase New balance-of-payments data show that China's current account surplus for the first nine months of...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
vw202108_3
China China’s current account surplus last year increased to about 2 % of GDP Preliminary balance-of-payments figures show that China’s 2020 current account surplus was about $300 billion, which ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
vw201606_4
China’s current account surplus grew last year Preliminary balance-of-payments figures show China’s 2015 current account surplus amounted to $293 billion, or 2.7 % of GDP. The goods trade surplus of $...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
vw201903_1
Russia Russian oil fund shrank in 2018, but central bank foreign currency reserves grew The National Welfare Fund, where the state’s excess revenues from oil and gas taxes are deposited, st...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
vw202037_1
Russia Russia’s National Welfare Fund swells; CBR forex and gold reserves hit record high in August At the end of August, the National Welfare Fund (NWF), which has been built up from taxin...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
vw201528_2
state funds. The Reserve Fund is used to fund fiscal deficits during economic downturns. The National Welfare Fund is intended primarily for pension funding, but has also been used for econom...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
vw201506_5
central bank lowers reserve requirement The People’s Bank of China cut the reserve requirement ratio for commercial banks on Thursday (Feb. 5). The ratio, which determines the amoun...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Board Member Tuomas Välimäki: The ECB’s monetary policy implementation and the future operational framework, London 26.1.2024
in the operational framework was whether or not to have a minimum reserve system in our toolkit. I remember people taking very tough positions on this one, some claiming that this is essentia...
Bankoffinland.fi / Start page / Media and publications / Speeches and interviews / 2024
vw201832_4
China China's central bank seeks to cushion depreciation pressures on the ... on the yuan Recent weakening of the Chinese currency has forced the People's Bank of China to reinstate its r...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
vw201941_5
China Contraction in capital flows in China’s balance-of-payments reporting The financial account (excluding foreign currency reserves) in January-June showed a 45-billion-dollar surplus, d...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
vw201616_5
Capital inflows to China diminished last year, while capital outflows increased Three weeks ago, China released complete balance-of-payments figures ... interventions in the forex market reducing Chin...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
vw201614_1
Higher oil prices lift ruble’s exchange rate The rising price of Urals-grade crude oil since January has also boosted the ruble’s exchange rate. On Thursday (Apr. 7) the price of Urals crude was $36.5...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
vw201550_1
Cheap oil hurts ruble The recent slide in crude oil prices has again affected the Russian ruble’s external value. The price of Urals-grade crude oil has fallen by nearly 25 % since mid-October. Today ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015