As Chinese currency ‘becomes more adopted globally’, report says it can replace many functions of a foreign exchange ...

For the week ended March 13, foreign currency assets, a major component of the reserves, fell $7.678 billion to $555.568 ...

Kenya's foreign exchange reserves rise to 6.2 months of imports, bolstered by remittances. A positive outlook for the ...

Explore the role and impact of reserve currencies in global trade. Understand the dominance of the U.S. dollar and future challenges it faces in the international market.

Kenya’s foreign exchange reserves have increased to $14.59 billion, providing the country with 6.2 months of import cover according to the Central Bank of Kenya (CBK). In a bulletin released on March ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained how Nigeria’s foreign reserves increased significantly over the past two years, stating that the country’s savings in ...

India’s gold reserves increased by $664 million to $130.68 billion for the week ended March 13, data released by the Reserve ...

MUMBAI – India’s central bank is moving to tighten its grip on how resident Indians send money abroad, with new rules expected to bar them from holding foreign currency deposits that have fixed terms ...

It is exactly two years ago that the global financial service firm, JP Morgan, announced to the world that contrary to the $33.8 billion bandied by the Central Bank of Nigeria (CBN) as representing ...

The rising accretions to the external reserves have made it easier to approach the $51 billion year-end target set by the CBN ...

The State Bank of Pakistan's reserves have increased by $2 billion since July 2025, reaching $16.341 billion despite concerns ...

Mandatory reserves held by Mozambican banks fell by 13% in January from the previous month's peak, to 225.3 billion meticais ...