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The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has announced that volatility in the foreign exchange (FX) market has declined significantly, falling below 0.5%, as Nigeria’s ...
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $71 million on a weekly basis, clocking in at $10.40 billion as of May 9, data released on Thursday showed.
TOKYO -- The dollar's share of global foreign exchange reserves sank to its lowest year-end level on record in 2024 as countries increasingly broadened their holdings to rely less on a single asset.
KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) increased by $71 million during the week ended on May 9. With this increase, the SBP’s reserves reached $10.4 billion while ...
Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate This paper examines the determinants of the currency composition of ...
China cut its stockpile of US Treasuries in March, before its trade war with US President Donald Trump escalated, stepping aside from its position as the No 2 overseas holder. As foreign holdings ...
The Bank of Uganda has bought $1.5 billion from the market this fiscal year and used currency swaps to rebuild its foreign-exchange reserves after they were drained by an aid freeze and debt ...
and yen held in the foreign exchange reserves. Gold reserves, which also constitute part of the forex reserves, increased by $4.5 million to $86.33 billion during the week, the RBI statement said. The ...
CBN retains MPR at 27.5%, citing improved inflation figures, FX market stability, and ongoing reforms supporting Nigeria’s macroeconomic recovery.
Pakistan's total liquid foreign currency reserves stood at $15.61 billion as of May 9, 2025, according to the latest data released by the State Bank of Pakistan (SBP). The foreign exchange ...