Reserve management
Bank of Korea to invest in renminbi in 2012
Head of reserve management Heung Sik Choo confirms Bank of Korea will make first investments in Chinese renminbi this year
FX Week Asia: World economy 'needs alternative reserve currency'
Chinese renminbi looks poised for reserve status, but still no consensus on when it will happen due to forces beyond "anyone's control", senior academic tells FX Week Asia conference in Singapore
Korean banks face funding challenges due to eurozone debt crisis – RBS
Despite most Asian banks remaining insulated from the eurozone debt crisis, Korean banks are at greatest risk due to their reliance on high levels of external borrowing, according to RBS report. Meanwhile, the growth of the renminbi presents a liquidity…
$500 billion reserve drain made crisis worse: IMF’s Ferhani
Deputy director says IMF research shows central bank reserve managers withdrew $500 billion from deposits at commercial banks during crisis