International reserves are foreign assets that are readily available to and controlled by monetary authorities. They may include foreign means of payment in cash, foreign currency deposits with banks, ...
The Croatian National Bank is governed primarily by the principles of liquidity and safety of investment in accordance with the Act on the CNB and internationally recognised principles for management, ...
The structure of international reserves investment is monitored according to several criteria, with the main divisions being by currency, instruments and exposure to credit risk.
Risks present in international reserves management are primarily financial risks such as credit, interest rate and currency risks, though other risks such as liquidity and operational risks also play a...
