SUBSCRIBERS
Negative rates push central banks to take more risk
Published Tue, Apr 19, 2016 · 09:50 PM
London
NEGATIVE interest rates in the developed world have forced central bank managers to take more risks as they strive to maintain the value of the trillions of dollars worth of assets they hold in reserves, a survey showed on Tuesday.
The poll of 77 managers, responsible for reserves worth US$6 trillion, also showed some 32 central banks are now invested in China's renminbi, up from 20 a year ago, before the de…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO
China moves to boost foreign investment in domestic tech companies