Description
Administer the bank’s gold and currency holdings which are used as a way to settle international debts or to influence the national exchange rate.
Alternative labels
perform foreign currency reserve management
manage currency reserves
implement currency reserve management
Skill type
skill/competence
Skill reusability level
sector-specific
Relationships with occupations
Essential skill
Perform currency reserve management is an essential skill of the following occupations:
Optional skill
Perform currency reserve management is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
Corporate treasurer: Corporate treasurers determine and oversee the financial strategic policies of a company or organisation. They use cash management techniques like account organisation, cash flow monitoring, liquidity planning and control, risk management including currency and commodity risks and maintain close connection with banks and rating agencies.
Central bank governor: Central bank governors set the monetary and regulatory policy, determine interest rates, maintain price stability, control the national money supply and issuance and foreign exchange currency rates and gold reserves. They oversee and control the banking industry.
References