What We Do
Management of Foreign Reserves
The Central Bank manages the country’s foreign exchange reserves according to well-established guidelines relating to:
- the achievement of an optimum rate of return on investments within well-defined risk parameters
- the preservation of the capital value of reserve assets
- the maintenance of adequate liquid foreign assets to make debt service and other payments on behalf of the central government, and for the Central Bank’s own account. This is also to facilitate market operations in pursuit of monetary policy objectives.
The daily management of the foreign exchange reserves is guided by the Investment and Reserve Operations Committees. The reserve management function includes the conduct of trading activity, the assessment of the performance of the reserves portfolio and risk management.
