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  • Foreign Reserves Management and Investment POLICY

    Foreign Reserves Management and Investment POLICY (Official Gazette of the Republic of Macedonia No. 223/15) Download Policy on amending the Foreign Reserves Management and Investment POLICY (Official Gazette of the Republic of Macedonia No. 141/16) Download ...

  • Handle and manage the foreign exchange reserves

    Handle and manage the foreign exchange reserves Primary functions of the foreign reserves... definition foreign reserves are external assets available to and managed by the monetary authority... of the Republic of Macedonia manages and handles the foreign reserves of the Republic of Macedonia. Besides the legal provisions foreign reserves management and handling are closely regulated by the Policy for managing and handling the foreign reserves of the Republic of Macedonia as adopted ...

  • Vicegovernor Mitreska: Denar exchange rate is stable, foreign reserves high

    Skopje 1 March 2022 The Denar exchange rate is stable foreign reserves are at an extremely solid level and we have the capacity and space to maintain the stability of the exchange rate pointed out... reserves are of key importance for us given the exchange rate regime we have. All changes in foreign reserves are so far fully in line with our expectations. The level is high of about euro 3.4 billion... of the pandemics. In fact according to all parameters of the reserves that we monitor they are adequate ...

  • Angelovska Bezhoska: Denar exchange rate is stable, and foreign reserves are adequate

    in the future. The high level of foreign reserves as well as number of instruments which the central bank... as well as that the central bank holds adequate level of foreign reserves to defend the exchange rate... that the foreign reserves which are the main instrument in defending the exchange rate are maintained at the historically highest level. According to the latest available data the foreign reserves equal Euro... of foreign reserves was Euro 1.4 billion while their relative share in the gross domestic product was around ...

  • Possibilities for Investing Foreign Exchange Reserves into Fixed Income Securities

    Author: Sinisha Velkovski Possibilities for Investing Foreign Exchange Reserves into Fixed Income Securities ABSTRACT When in early seventies and especially early eighties the system of fixed foreign exchange rates fell apart significant number of central banks in the world tended to place part of the foreign exchange reserves into fixed income securities. The reason for this practice lies in the fact that after the USA Government had suspended dollar convertibility into gold the role ...

  • Unchanged policy rate and CB bills offered, increased foreign reserves

    that have adversely affected both global and domestic economy and solid foreign reserves... to coronavirus and the duration of the pandemic. The level of foreign reserves was maintained... foreign reserves increased significantly by about Euro 600 million. External sector data for the second ...