How are reserve managers responding to higher inflation? Will they continue diversifying their portfolios? Does geopolitics play a greater role in reserve management? These are some of the questions addressed in HSBC Reserve Management Trends 2023.

Now in its 19th year of publication, HSBC Reserve Management Trends features a unique survey of 83 central banks, responsible for more than $7 trillion in reserves.

Edited by Robert Pringle and Victor Mendez-Barreira, the book includes an exclusive interview with Golan Benita, director of the market operations department at the Bank of Israel, and chapters by James Steel, chief precious metals analyst with HSBC, Alan Mendes, head of the foreign reserves department at the Central Bank of Brazil, and Elisa Vilorio Painter, deputy head of foreign reserve management at the Central Bank of the Dominican Republic.