6 Pages Posted: 13 Dec 2019
Date Written: October 31, 2019
This note discusses FX reserves management as practised by emerging market economies and, more specifically, by Saudi Arabia. It shares the Saudi Arabian Monetary Authority’s experience on reserve adequacy, investment objectives, philosophy and process, portfolio tranching, risk management and performance measurement. It also includes some discussion of active and passive investment strategies, investment committee governance and institutional values.
Full Publication: Reserve Management and FX Intervention
Keywords: reserves management, reserve adequacy, investment philosophy, investment process, portfolio tranching, performance measurement, risk management
JEL Classification: E58, E59, G10, G11, G20
Suggested Citation: Suggested Citation