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United Kingdom · Question · Written question

UIN 57605

Gold and Foreign Exchange Reserves

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 June 2025

Last action

9 June 2025 · Answer

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Answered

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Discovery layer

Source updated

9 June 2025

Summary

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.

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Timeline

  1. 4 June 2025

    Written question

    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.

    Source: Commons

  2. 9 June 2025

    Answer

    The 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...

    Source: Written answer

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