Written Question·Treasury·UIN 57605
Gold and Foreign Exchange Reserves
Tabled: 4 June 2025
Answered: 9 June 2025
Question
Callum Anderson
Labour — Buckingham and Bletchley
To ask the Chancellor of the Exchequer, what steps she takes to assess the resilience of the UK's international reserves to potential (a) geopolitical and (b) macroeconomic shocks.
Answer
Emma ReynoldsThe Exchange Equalisation Account (EEA) holds the UK government’s official reserves. HM Treasury appoints the Bank of England as its agent to carry out the day-to-day management of the reserves. The reserves are managed to ensure that the policy objective...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 57605) →