The CNB board discussed a document on the management of international reserves in 2024, focusing on investment diversification. According to the governor, Aleš Michl, it is worth considering whether the addition of other asset classes could be suitable for the reserves to further improve diversification and returns. Over the last two years, the central bank has actively diversified its investments as part of its strategy in managing reserves.
Meanwhile, the CNB is actively searching for new channels for investments to generate higher returns from its reserves. However, whether to invest euro reserves in Bitcoin is a pending decision-and is not expected anytime soon. Last year, the governor himself told reporters that such an issue must be debated further by the board. At this moment, CNB has already been taking giant leaps toward the path of reserve management optimization. This will also help the bank in determining the course of its international reserves in the year 2024.