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

MUMBAI, March 23 (Reuters) - India's foreign exchange reserves are adequate to cushion against external shocks, the Reserve ...

India’s foreign exchange reserves rose by $8.66 billion to a record $725.7 billion in the week that ended on February 13, ...

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.

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 ...

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 ...

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

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

After reaching a record 19% in January 2026, the share of gold in India’s total foreign exchange reserves eased to 18.1% in February.

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