01.07.2026 08:00
According to a report published by London-based OMFIF, central banks around the world plan to reduce rather than increase their dollar reserves over the next decade for the first time in history. While gold purchases are expected to accelerate due to geopolitical risks and political uncertainties, the use of artificial intelligence in reserve management is also anticipated to become more widespread.
London-based Official Monetary and Financial Institutions Forum (OMFIF) has published the results of a survey conducted with the participation of 90 central banks, public pension funds, and sovereign wealth funds managing a total of approximately $10 trillion in assets.
According to the report, for the first time since OMFIF began its research in 2010, central banks plan to decrease rather than increase their dollar reserves over the next decade.
The report stated that political uncertainties in the US and increasing geopolitical risks have led reserve managers to reassess dollar assets.
GOLD RESERVES TO INCREASE
Central banks are pursuing a strategy of diversifying their reserves in response to the declining weight of the dollar in the global system. According to the survey, a net 30% of central banks plan to increase their gold reserves within the next 1 to 2 years.
Meanwhile, it was noted that the Norwegian Krone and New Zealand Dollar are gaining more attention as reserve currencies, while demand for the British Pound has also increased. Despite structural issues, the Euro and Chinese Yuan continue to be included in portfolios as reserve diversification tools.
AI ERA IN RESERVE MANAGEMENT
The report revealed that technology will also be used more in reserve management. According to Sabah's news, over 66% of central banks plan to increase artificial intelligence integration into reserve management processes in the short term.
Changes in the investment preferences of public funds are also notable. While 38% of funds participating in the survey plan to increase investments in developing countries, investment appetite for developed economies has declined from 47% to 25%.
EXPECTATION OF A MULTIPOLAR MONETARY SYSTEM
79% of central banks and 60% of public funds participating in the research believe that the global monetary system is evolving toward a multipolar structure.
The report indicates that in the coming years, the weight of the dollar in central banks' reserve management may decrease, while gold, different currencies, and AI-supported investment strategies could come to the forefront.