Forex Flash: AUD and CAD added by reserve managers – UBS

Forex Flash: AUD and CAD added by reserve managers – UBS
FXstreet.com (Barcelona) – On Monday several wires reported that the IMF will include AUD and CAD in its composition of foreign exchange reserves (COFER) report. According to Gareth Berry, a Research Analyst at UBS, “For starters, we note that there is …
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Zurbruegg Says Managing SNB FX Reserves Major Challenge
Swiss National Bank Governing Board member Fritz Zurbruegg said managing the central bank's foreign- currency reserves of 424.4 billion francs ($ 448 billion) is a “major challenge.” “The SNB takes care to ensure that its investments do not disrupt the …
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Central Bank tops profits in Reserve Management
Central Bank tops profits in Reserve Management. The Central Bank of Sri Lanka (CBSL) has realized a massive profit of US $ 430 million from its reserve management activities. The foreign reserve profits earned by the CBSL of 6.6 % for 2011 is the …
Read more on Ceylon Daily News

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