Zafar Parker, head of financial markets at the South African Reserve Bank, spoke to OMFIF for Global Public Investor 2025 about the bank’s approach to gold allocation and riskier asset classes, as well as its view of the dollar in the light of recent volatility. OMFIF: How do you assess geopolitical risks and the potential impact on the SARB’s foreign exchange reserves? Zafar Parker: Geopolitical risks to central bank reserves are currently considered possible, though their likelihood remains low. We assess them because of the significant impact they could have if they were to occur. Given this risk has recently ... (full story)