Question follow-through · 26435

Gold and Foreign Exchange Reserves

To ask the Chancellor of the Exchequer, whether his Department has considered reducing the proportion of the official reserves invested in foreign sovereign debt and increasing the proportion held in monetary gold.

answeredTreasury

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Treasury
Tabled
1 Sept 2026
Target answer date
3 Sept 2026
Answer
8 Sept 2026 · 7 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

Recorded timeline

  1. 1 Sept 2026

    Question tabled

    To ask the Chancellor of the Exchequer, whether his Department has considered reducing the proportion of the official reserves invested in foreign sovereign debt and increasing the proportion held in monetary gold.

  2. 3 Sept 2026

    Target answer date

    Date supplied by the official written-questions record.

  3. 8 Sept 2026

    Answer published

    The Government does not comment on market movements. The UK’s official reserves are held in the Exchange Equalisation Account (EEA) and managed to ensure that the policy objectives set out in the EEA Act 1979 can be met at all times.HM Treasury and the Ba...

Open official record

Official data retrieved 1 Oct 2026.

Later records

Possible follow-up questions

Strong links require the same MP, department and exact heading. Other same-department questions are shown as unreviewed candidates, not as confirmed follow-ups. No debate link is asserted unless a stable source relationship exists.

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential impact of levels of gold purchases by overseas central banks since 2022 on UK reserve-management policy.

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, what comparative assessment his Department has made of the proportion of official reserves held in gold by (a) the United Kingdom, (b) France, (c) Germany, (d) Italy, (e) Poland, (f) the United States and (g) other

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, what limits his department places on the maximum proportion of the UK’s official reserves that may be exposed to any single foreign currency.

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, what assessment his department has made of the effect on the Exchange Equalisation Account of a (a) 10 per cent, (b) 20 per cent and (c) 30 per cent depreciation of the US dollar against sterling.

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, what assessment his department has made of changes in the share of global foreign-exchange reserves accounted for by the US dollar when determining the asset allocation of the Exchange Equalisation Account.

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, whether his department has established a target range for the proportion of official reserves held in assets without counterparty credit risk.

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, what proportion of the UK’s official reserve assets carries (a) sovereign, (b) financial institution and (c) other counterparty credit exposure.

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential role of gold in reducing currency concentration risk within the UK’s official reserves.

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, what proportion of the UK’s foreign-currency reserve assets is invested in securities issued or guaranteed by foreign governments.

Strong linkSame MP, department and exact heading

Gold and Foreign Exchange Reserves

2 Sept 2026 · To ask the Chancellor of the Exchequer, what assessment her Department has made of the UK’s exposure to US-dollar-denominated assets within the official reserves.