707 - Management of International Reserves and Implementation of Monetary Policy

4 – 7 December 2017


The seminar aims to present the CNB’s approach to international reserves management and to share experience and knowledge about implementation of monetary policy.

The seminar will take three days, with an additional day devoted to individual consultations.

The World Bank will also contribute to the programme.

Target group

The seminar is designed mainly for junior economics/finance specialists working in a central bank.


  • Organisation of internal reserves management
  • Risk management (strategy, benchmarking, limits)
  • International reserves management (instruments, counterparties, credit)
  • Transaction settlement
  • Open market operations (implementation of monetary policy, operations on behalf of the state)
Length 4 days
Language English
Number of participants 1 – 2 from each country
Application deadline end of June 2017