Revisiting the CBN Retail Foreign Exchange Policy

Oludare Mayowa Posted March 18, 2022 Many Nigerians who depend on banks to meet their foreign…

Russia stoking fears of first currency default in over a century

Russian Finance Minister Anton Siluanov said on Wednesday it was up to the United States to…

Reason for the rise in currency holdings despite the sale of dollars

India’s currency stack unexpectedly soared by $634 million in a week, which may have required significant…

Forex reserve: The country’s foreign exchange reserves increased to $631 billion, there was a drop in the gold reserve

Foreign exchange reserves: The country’s foreign exchange reserves increased by $394 million to $631.92 billion in…

The gross foreign exchange reserve fell by 16.2%

The gross foreign exchange reserve fell by 16.2% KATHMANDU: The gross foreign exchange reserve decreased by…

Georgia’s central bank sells $39.5 million in currency auction

The National Bank of Georgia (NBG) offered USD 50 million at Wednesday’s currency auction of which…

Sri Lanka’s debt crisis persists as foreign currency reserves fall

(Bloomberg) – Sri Lanka is effectively devaluing its currency as its foreign exchange reserves dwindle, potentially…

Colombo Port City will pull Sri Lanka out of currency crunch – Reuters

Senior officials say the economy will start reaping the…

Weak Currency Orders: Fleming

BY MELISHA YAFOI The sharp and rapid increase in fuel prices over the past 6 months…

Due to a decline in foreign currency holdings, India’s foreign exchange reserves fell by $1.425 billion.

According to Reserve Bank data released on Friday, India’s foreign exchange reserves fell by $1.425 billion…

Poland to sell foreign currency in bid to boost beaten zloty

(Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to…

Russia’s large foreign exchange reserves could pose a problem for financial markets.

Russia holds vast foreign exchange reserves, much of which is held overseas, which could upset currency…

Fitch Confirms Pakistan’s Foreign Currency Long-Term IDR at ‘B-‘ with Stable Outlook

March 01, 2022 (MLN): Fitch Ratings, in its latest report released yesterday, affirmed Pakistan’s long-term foreign…

Sri Lanka imposes power cuts as currency crisis deepens, Energy News, ET EnergyWorld

COLOMBO: Sri Lankan authorities are imposing staggered power cuts as the country continues to suffer the…

Sri Lanka runs out of cash to buy fuel as currency crisis deepens

Earlier this month, Sri Lanka purchased 40,000 metric tonnes of diesel and gasoline from India’s major…

Pakistani government ‘plans’ to borrow people’s gold for currency crisis

The government led by Prime Minister Imran Khan is considering a proposal to borrow…

SBP reserves fall from $241m to $17.09bn

CARACHI: Foreign reserves held by the central bank fell 1.4 percent on a weekly basis, according…

Nigerian Banks Must Source Foreign Currency Themselves as CBN Plans to Stop Selling Currency to Banks

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has announced that the CBN…

Foreign exchange reserves are depleting alarmingly

Foreign exchange reserves are depleting alarmingly Reserves can only support imports for six and a half…

Pressure on currency liquidity

Despite a significant improvement in macroeconomic indicators over the past five years, foreign exchange liquidity remains…

Fears of losing Libya’s foreign exchange reserves

Economists fear a depletion of foreign exchange reserves in Libya as a result of high rates…

Allegation of disappearance raised to pursue interests by exerting pressure: Minister of Foreign Affairs

Statements by the Minister of Foreign Affairs on the alleged enforced disappearances: Many countries are eager…

bne IntelliNews – Romania’s foreign exchange reserves up 8.2% in December-January

The foreign exchange reserves of the National Bank of Romania (BNR) increased by 2.6 billion euros…

Pacific foreign exchange reserves: increase during the pandemic

Many, but not all, developing countries have suffered a loss of foreign exchange reserves as a…

Economic Survey, 2022: India’s foreign exchange reserves swell to US$634 billion

News oi-Kuntala Sarkar | Posted: Monday January 31st 2022, 11:30 PM [IST] Economic survey of India…

Foreign exchange reserves decreased by $678 million amid lower foreign currency assets

The country’s foreign exchange reserves showed a drop of $678 million in the week ended January…

Foreign exchange reserves fall to 634.287 billion dollars

The country’s foreign exchange reserves shrank by $678 million to $634.287 billion in the week ending…

In 2021, my country’s foreign exchange receipts and payments will be stabilized, and banks will show a “double surplus” in foreign exchange settlement and sales_Wang Chunying_Investment and financing_Cross-border

Home » Economy » In 2021, my country’s foreign exchange receipts and payments will be stabilized,…

Non-residents will now have to pay in foreign currency for services in Sri Lanka, central bank says: The Tribune India

PTI Colombo, January 20 Tourists traveling to Sri Lanka will now have to pay for their…

SBP reserves drop from $562m to $17.04bn

CARACHI: Foreign reserves held by the central bank fell 3.2 percent on a weekly basis, according…

Rising inflation, lower remittances and depletion of foreign exchange reserves

Rising inflation, lower remittances and depletion of foreign exchange reserves Bank of Nepal Rastra, Baluwatar. (File…

Sri Lankan opposition politician hit by fake quote on currency crisis

Copyright AFP 2017-2022. All rights reserved. The Facebook posts claim to share a quote from the…

China’s foreign exchange reserves reach $ 3.25 trillion, peaking in 6 years

A staff member counts the banknotes at a bank in Qionghai, southern China’s Hainan province. (Photo:…

Foreign exchange reserves fell from $ 1.466 billion to $ 633.614 billion, according to Data

FCA fell $ 1.48 billion to $ 569.889 billion in report week, RBI data shows The…

Information Note on the Official Gold and Foreign Exchange Reserves of the Reserve Bank of South Africa as of December 31, 2021

PO Box 427 Pretoria 0001 South Africa 370 Helen Joseph Street Pretoria 0002 +27 12 313…

Russia continues to stockpile gold and foreign currency

The country holds the fifth largest foreign currency reserves Russian currency holdings rose 0.7% in the…

Pakistani Foreign Minister Qureshi “insults” Saudi ambassador, South Asia News

Pakistani Foreign Minister Shah Mahmood Qureshi was berated on social media for his posture during the…

Sri Lanka increases its foreign exchange reserves thanks to the lifting of the Chinese swap

Colombo, Dec.29 (Reuters) – Sri Lanka raised its official foreign exchange reserves to around $ 3.1…

CBSL increases mandatory currency sales to 25% – The Island

With deteriorating foreign exchange reserves By Hiran H. Senewiratne The Colombo Stock Exchange (CSE) is in…

To review exchange rate policy in 2020, group begs CBN – Blueprint Newspapers Limited

The Center for the Promotion of Private Enterprise, an economic think tank, advised the Central Bank…

Foreign exchange reserves decline from $ 160 million to $ 635.67 billion

The week before, reserves declined $ 77 million to $ 635.828 billion. The country’s foreign exchange…

Pakistan’s foreign exchange reserves run out in IMF deadlock

Pakistan’s foreign exchange reserves exhaust IMF deadlock | Photo credit: iStock Images Pakistan’s foreign exchange reserves…

SBP’s reserves drop from $ 415 million to $ 18.15 billion

KARACHI: Foreign exchange reserves held by the central bank fell 2.23% on a weekly basis, according…

NRB tightens the noose on the import of luxury goods amid declining foreign currency reserves – myRepublica

KATMANDU, December 21: Nepal Rastra Bank (NRB) asked selected luxury goods importers to maintain one hundred…

India’s foreign exchange reserves fall by $ 77 million in December

India’s foreign exchange reserves edged down $ 77 million in the week ended December 10. The…

Nepal’s foreign exchange reserves fell further in the first four months of the current fiscal year – myRepublica

The country’s balance of payments deficit plunged further to 150.38 billion rupees KATMANDU, December 16: Nepal’s…

Analysis of the news: the NBE amends the directive on foreign exchange management; reveals currency allocation, priorities

National Bank of Ethiopia Photo: FBC By Medihane Ekubamichael @Medihane Addis Ababa, December 07/2021 – Earlier…